ZECBTC
ZEC, 172%, EP commingHello
Long time no see.
Many inbox friends ask me if I still analyze the wave in the market, and care about me personally a lot. Thank you for that concern, for me a trader, motivating yourself is a joy for me and a great motivation.
In fact, my analysis on TDV is only fun, the part to support myself and my friends has a directional perspective from which to make the right transaction.
As you know, about 6-8 months ago I made warnings about the Altcoin market having a strong value collapse. And since then, the market has had a clear price reduction.
And today I'm happy to announce that the discount process is about to end. The market only reduced about 2-3 times the value will step into the accumulation process to prepare to enter the uptrend. Please wait patiently, because the results for you are still in the future.
I will take the example of Zec / Btc transaction as follows:
EP: 0.005623
TP: 0.015342 (172%)
Let's wait!
Wish you all successful transactions!
ZECBTC WLong ZEC:BTC
Current Price: 0.00895850
Market Cap: $462,070,478 USD
Rank (CMC): 24
ZEC current inflation rate is high (50 ZEC per 10 min), the same as BTC from 2009-2012 before the first halving (50 BTC per 10 min).
In 2020 ZEC block reward will half (25 ZEC per 10 min), this disinflationary mechanism has historically preceded the setting of a new all-time high in price.
I am buying and accumulating ZEC at these levels, and plan on holding for the next two years before reevaluating.
Crypto twitter overly bullish on Zcash i only see this at bestI have noticed Crypto twitter being overly bullish on ZEC. I have no idea for what reason because they see a 4h bullish rsi divergence? All this tells me we could definitely see a bounce but a reversal no way!
We broke a BIG high timeframe a week ago we have not yet tested that level i expect that level to hold as HARD resistance. as long we do not trade above that level you cannot be bullish longterm on zcash.
What i do see is a potential lower timeframe setup with an upside of 9% why? :
- For the people that like to use indicators you got your 4h rsi divergence
- Obvious 1h S/R level that has been respected nicely so far. Got to wait for that level to break again before thinking of longing this.
- That lower timeframe target i pointed out we never tested that level creating inefficiency in price so i do expect Zcash to trade into the level before moving back down.
- We also got the OTE Meme at our target which alines perfectly for more downside on Zcash on a longer timeframe.