I achieved the ZEC profit target yesterday when it reached 0.046sat. but right now it looks to be a new breackout at.
Like other crypto with the same signal we have a bullish movement First target : 370 2nd : 410
Easy setup again , a descending triangle that has been broke upside. The trigger in my opinion is previous highs zone at 293 usd . Look closely for this level !
All the necessary information on the chart
ZEC VS. BTC *DISCLAIMER*: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based on speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
ZEC-USD - measured move up - it's my vision.
Zcash is looking to break the bear trend line and rocket upward to complete a double bottom pattern once past 313 USD. It is bullish now; a few days after the ZECBTC pair closed outside the 1D bollinger bands and left it's accumulation zone. For this ZECUSD pair, watch for both a breakout of bear trend line and also a close outside 1D bollinger bands.
ZEC Could break out soon.. Follow the channel to short through the rise. Warning: If BTC falls it could either drag it down, or BTC investors could pour into alt coins and cause them to rise. Trade safely my friends.
Just a very basic and yet a little early to try to forecast what to expect in the next 11 days if the good volume and young trend keep up. Colors are odds.
Opening a long on ZEC here, if the move continues through the bottom of the triangle i might close for a loss. Please note that I am only adding to previous longs on zec/btc. MACD buy signal on the 2hr. LONG Please feel free to start the conversation below, heard rumours of Zcash on alphabay 1st July. ;)