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Zcash Prepares To Grow vs Bitcoin (26% to 94% Potential)
Zcash / Bitcoin
Long
Zcash Prepares To Grow vs Bitcoin (26% to 94% Potential)
By AlanSantana
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Dec 1, 2022
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Dec 1, 2022
Zcash (ZECBTC) print a low in January 2021 and is now in consolidation mode.
Let's read this chart.
We have higher lows long-term but also lower highs, which is the consolidation pattern.
In October 2021 we had a hammer candlestick on the weekly timeframe which marked the low of the wave.
Now, after more than a year, another hammer shows up, November 2022, which can signal the same.
We have two main targets on this chart and timeframe... Let's have three:
1) 0.003200 (26%)
2) 0.004190 (66%)
3) 0.004890 (94%)
These are just rough estimations but they are good for the short- and mid-term.
Thank you for reading.
Namaste.
altcoins
binance
Chart Patterns
crypto
Cryptocurrency
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zcash
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ZECBTC
AlanSantana
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