There was a huge volume in the past days bumping it to 18. Then, it is kinda of a bullish flag formation. These are might be the signs I noticed for the next bump. Levels I drew, can be acting as resistances and supports depending on the situation.
It is possible that Troy drops more. It is close to impossible that anyone can analyze or predict the movement of new added coins. To me, currently I would imagine the support level is 97 - 98. And I developed a scenario in my mind of a bump based upon it. I also drew the support and the resistance levels. But these are not accurate. Because the coin is new and...
The price has to hit the red parabolic line and bump. If it didn't bump after hitting it and no action at all, then most likely will be correcting and prepare for a bump or a dump.
The best scenario I have in my mind is that, zcash will hit the same price at yesterday in the next 11 hours and eventually it will break it and give 20% profit short-term.
First of all, this was inspired by FractaLJack. I liked his chart and Idea, so I loved to share it.
Since the announcement of staking reward day until today, XTZ is still playing and preparing for a real jump. I can imagine that XTZ will have a run just like what happened with Chainlink. Whales are still trying to collect XTZ at these prices. On the daily, The...
Oversold + RSI Divergence
Zcash is one of the most underrated coins.
Although Zcash moves together with BTC, But I hope, Zcash gets better the next days. I feel like BTC will crush soon because of the delay of the recovery from last drops.
From the history, when Zcash breaks the 200 MA (the red line), it bumps at least 10% profit. Zcash will easily breaks the 200 MA if Bitcoin moves up a bit to 8650. And if Bitcoin keeps rising, Zcash will follow and will give more profit up to 25% profit short term.
This is not a financial advice. It is only my Idea.