Zcash
Hedge by LONG BTC while shorting altsIt appears that alt coins(any crypto currency other than Bitcoin) are following Bitcoins movements like they did 2017-2018. When BTC goes up, alts go up. When BTC goes down, alts typically go down with it.
I like to Long Bitcoin and hedge by shorting alts when we have this sideways action. When bitcoin pops it can move very fast so be ready to ditch the losing trade and ride out the winning trade. Watch for a major move during China's trading hours!
EnergyI mean... as an artist,
I can't help but see a ton of energy coming from all of those lines. I know this sounds silly as an "analysis", so I guess I wouldn't call it that.
Just that as in nature there seems to be some kind of balance between actions and reactions, shapes and sizes, I'm very curious to see the next macro movement will look like on this.
Also look at the volume.. wonder if it'll ever turn back green though hehe, I mean who the fuck is selling at this rate!?
ZCASHBTC is going to rich resis. line Hey my friends, based on the accumulation on BTC, Its a really good chance for swingers for investing in Zcash, however its risky this days to be in ALTCOINS but i think its give us such a good signal.
do not forget to place SL.
Also ichimoko give us good signal in daily TF.
on Volume, there have been lots of big players that have opened positions but did not have closed yet.
Good luck.
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ZEC poised to be the #1 Crypto?With the Development of HALO by the ZCASH team and a new listing announcement for ZEC on Binance US it looks like ZEC is having a great week. The latest TradingView Technical Analysis ideas mostly favor upwards movement but I'm curious how the latest tech advances are going to play out for ZCASH.
HALO from the ZCash dev team is a boon for the entire crypto industry which has implications reaching well beyond cryptocurrency. Few who understand the implications would dispute that this development alone was well worth the previously controversial founders reward that funds the Electric Coin Company and ZCash Foundation.
Additionally I'm seeing a lot more on privacy issues lately with ZEC starting to emerge with a consensus as the most secure for those with privacy concerns.
In my opinion the only thing ZCash is not ahead of the game is when it comes to marketing.
Will ZCash's technological dominance drive this coin to the top, or will their developers lack of ability to promote this coin and it's ground breaking features in a meaningful and perhaps more importantly in a way that people can understand the awesomeness of this project allow it to fade to obscurity?