Trade ideas
ZECUSD to push higher???For those onboard ZECUSD has a great run a few weeks ago. This morning it formed an Ascending Triangle and pushed out of the Keltner Channel indicating short term bullish trend. Considering the long term bullish trend as well and especially the delayed sympathy in the price action to BCHUSD, both essentially BTC forks with slightly different functionalities, there's a high probability of a push MUCH higher.
IF.
If it can break the resistance at 299. Currently it's stalling there at the high from April 17. And 300 has that whole number rejection power. An other concern is the time of day. We're at 6:30pm EST now and sometimes there can be unpredictable low volume pullbacks. If it doesn't make it through tonight I think there's very good chance it will try again in fairly short order. IF we can push through the Double Top we could be home free for a bull run similar to BCHUSD.
Price target: 420. :o
$ZEC to moon and beyondUnified addresses are a game changer for Zcash!
The next gen is tech savvy. Where do you think these people would keep their money away from the prying eyes of governments, swiss bank accounts of which they have no control or the the blockchain with best privacy tech?
Based on fibs 60k is imminent in next 5-6 years!
ZECASH#zecusd can start a new rally as soon as possible. The first target can be 300$ and the second target 435$.
Be careful after 435$ we can see dip retracement (BTC can reach 72000$ to 80000$) and then continue to upper levels with 593$ target.
Risk-free your trades on 435$ price.
Have profitable trades, guys.
ZEC looks like a good long term holdI think ZEC will turn out to be a solid coin to hold long term as it is following a very nice looking parabolic path. RSI looks a little high but MACD looks perfect to hit higher dollar amounts. The first price target is to break $365. There is solid resistance here so breaking this would be very important. The second price to break is $844. This one is crucial, if we can break this there is almost no resistance all the way up to around $3000. If this number is somehow broken, hold on to your hats because it is going to the moon. Let me know what you guys think, thanks!






















