Privacy coins always had a amazing returns in crypto examples being cash monero we have seen immense potential and increase in them. ZENCASH is also an privacy project and soon in near future we will see immense growth in this project. you should checkout their project it has great potential. they provide fully encrypted anonymous transactions.
ZenCash is finishing its downtrend and is going to test the long term trendline. Expecting a good bounce, best entry for long term hodl.
Pasted again below for easier reading of text bubbles and proper presentation of chart the way it was intended. Richard Wyckoff Accumulation Schematic in the following 1440m (Daily) TF chart: Information about Zencash: zensystem.io Here is an image of a Richard Wyckoff Accumulation Schematic: imgur.com It's IMPORTANT TO NOTE the price action does NOT have to...
It will likely remain within the broader uptrend and could break higher at this point.
If you have any Zen you may wanna consider reinvesting that in something else for a bit. Looks like about a 10% drop coming shortly.
Zencash has popped over 300% after Palm Beach Released there report naming $ZEN as the next x 50 Bagger! The coin is run by 3 ex government agents and is rumoured to make announcment in the coming weeks that will push this coin to the #1 privacy coin in the crypto space.. TA: $ZEN bounced nicely off the 61.8 Fib and is forming a pennant/wedge, buy the breakout....