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Zecusdlong

$ZCASH longer term view, low ~$12, high $1000+If I look at the longer term chart of Zcash, it looks like we're closing in on a bottom. I think over the coming 1-9 months, we'll see $12 or lower as a bottom. We've broken out of the downtrend, we're consolidating now in a declining wedge and once that wedge breaks, we should see the start of a bull trend form. I think this next run will be extremely bullish for Zcash. Privacy should be a key theme in the next bull market. However, I differ in beliefs than most in crypto and don't think the true bull market starts till 2025+. Once it starts though, Zcash is likely to be one of the best performs. The accumulation starts soon.
COINBASE:ZECUSDLong
by benjihyam
1
ZEC/USDT descending resistance should price break above? 👀🚀💎Paradisers, gear up for a promising trading opportunity with #ZECUSDT as it challenges a descending resistance. A successful breakout could trigger a significant bullish rally. 💎 At present, the price is testing the descending resistance and we anticipate a bullish continuation from the crucial demand zone at $21.60. If the price maintains its momentum at this level, there's a high chance it will ascend, breaking through the descending resistance, with the next target potentially lying within the specified resistance zone in our trading plan. 💎 However, if #ZEC fails to hold its ground in the demand zone and falls below $21.60, this could indicate a weakening of the bullish trend. In such a case, the price may drop further towards the next significant support level at approximately $19.54. 💎 Should #ZEC fail to recover convincingly from $19.54, and if it shows a decline in volume, this might point to a loss of bullish momentum. A definitive break below this support level would compound concerns regarding the bullish outlook and could lead to a more extensive bearish trend. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise