Still in a triangle, boring i know. However, we do observing massive spikes and rallies in the ALT coin community.
So it is obvious to a lot of traders that a bottom is forming and accumulation by smart investors have occurred.
However, the big question is, Can this ascending triangle is just 1-2 wave into 3-4 bear wave?
Stay strong, HOLD the line. Patience...
Zcash has been kind of quiet lately, and to tell the truth I've almost forgotten to trade this coin myself in the past months. But the setup looks good for ZEC, both in a short and mid/long-term perspective.
RSI is approaching it's oversold level under 30 and ZEC has a reccurent history of bouncing from here. As you can see on the chart, in the past the RSI has...
There is a possibility to uptrend developing on ZECUSD, Hypodermic Accumulation Phase spotted.
Bullish Divergence on 4-Day chart, also quite interesting buy signal.
Watch the price breakout from the resistance and enter this trade.
Targets based on resistance levels:
In my previous analyze I'm long for Zcash and I confirm again today, Zcash it's the last one who doesn't really pump. We should remember that the price for Zcash it had before it was 600 $. So we need a pump.
The whales has ready I can feeling that ;)
ZCash is going down in value, similar like Bitcoin and Monero did after their first rallys. The high amount of new mined coins brings constant pressure on price. Monero and Bitcoin both declined 94% in their first bear market. If this would happen to zec, price would reach 47$
The new ASIC miners are very profitable, from my calculation the production cost of zec...
Buying an upside break after breakout confirmation. Will be buying dips on the Support Trendline
Potential for 25% Short Term Gains
200 DMA Test may bring upto 49% Gains
Extension possible later upto 93% gains
Hi, today we are going to talk about ZEC!
In this chart, we observe an excellent opportunity of buying in the long term (Time Frame: D1). Details are highlighted above.
Thanks for reading, and have good trades.