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?
Zec
ZEC $8 BottomZEC looks like it isn't over yet, with I'm guessing around an $8 bottom. I put an arrow where I believe we are in the correction (assuming the last correction ended the same way as ZEC will, wouldn't be surprised).
$15-$50-$8 targets, and then we can begin it's alt season, mid 2020.
Not financial advice.
Zcash has shown a strong reversal pattern !Hello, Traders!
Monfex is at your service and today we overview ZEC/BTC.
Diamond reversal pattern.
This pattern also finds support from RSI, the indicator has a certain upward trend, which is a good sign for bulls, but most likely not soon.
The support zone ~ 0,004350-4300
Share your thoughts, ideas about the market under the chart.
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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.