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Zencashbitcoin

$ZEN Elliot Wave Count Possibility...Potentially HugeSo looking here at the corrective Second Wave that we are experiencing now it appears to me that we have completed the A leg of the 3 subwaves and may begin a B Wave correct that will of course be thwarted at I believe the .5 Fib level prompting the start of the last subwave (C) of the larger corrective wave (2). I have placed that at the breakout support which should be very strong as demonstrated by the bounce that we are currently seeing. Once the ABC corrective waves complete that will signal the end of the 2nd wave and the beginning of the 3rd wave which also happens to be the longest. I will refer to Richard Prechter's "The Elliot Wave Principle" in order to continue to examine this chart and set potential targets for the 3rd wave. Summary: I believe A wave of the ABC correction is complete. Now a bounce with this B wave up to 0.5 Fibonacci retracement level and then the final C wave of the correction that will coincide with the new support that was found after the strong breakout from resistance at that level yesterday. Coincidentally (or maybe not so since there is an underlying order in the universe and in markets) the new support lies at the 0.23 retracement level). As always I welcome your questions, comments, and opinions. Your thoughts are welcome here. - BitBookekeeper
Long
by BitBookkeeper
ZENCASH: BLUE FRONTIERS PARTNERSHIP - PROFIT = 31.55%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of May 2018 . Using this buy in point and selling at today's price, you would have expected to net 31.55% PROFIT!!! The increase in price may also be explained by positive developments including: April 25: Digital Currency Group has added ZenCash, a little-known, privacy-focused coin, to its "conviction list" of cryptocurrencies. May 18: PaytoMat (Cryptocurrency payments solution for POS and e-commerce, offering loyalty rewards for end customers and merchants, combined with protected multi-currency wallet) adds support for ZenCash. May 19: Ledger Nano S (cryptocurrency hardware wallet) adds support for ZenCash. May 23: ZenCash releases updates to Arizen Wallet (Arizen v1.1.6). This includes updates including automatic logoff and Travis CI support to allow for faster development cycle. May 24: Binance lists ZenCash. May 24: CoinZodiac announces that ZenCash is one of the top 12 privacy coins. May 25: ZenCash and Blue-Frontiers recently signed a letter of intent to partner and explore technical opportunities where both projects can collaborate on a variety of timely social, economic, and governance issues. This also includes the construction of Offshore Societies. The positive developments above (including the Binance Exchange Listing) have caused an increase in demand have forced up prices. ***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
by CryptoTradeSignals
3
ZENCASH prognosisThis is my personal view of ZENCASH. I don't want to promote it nor influence anybody to buy this asset, it's just my personal view. Although we're in a BTC bearish situation COINBASE:BTCUSD , ZENCASH seems to perform pretty well with a solid tech and dedicated team following important updates. I believe that we'll be testing the next 37k-39k fibo resistance in not more than a week at this pace. If broken, We're looking at a long term view of, at least, 50k Sats in 2 months (red fibo area). This might be of course influenced by a possible bull run of BTC, which was not yet envisaged but might happen in Q2. There are no personal interests linked to this amateur analysis.
Long
by GonzlesEs
ZenCash - Massive R/R opportunity This alt is solid AF. The team is awesome and they have some cool things in the works. ZenCash is more than just another fork of ZCash with zksnarks, they make use of secure nodes and this makes the network on that is unique and offers more than most "privacy coins". As I've said in previous posts, the alt market and crypto market as a whole has been very depressed this year, I'd say it's a good time to look to buy a few alts, taking on very little risk and looking for that insane return. We know this crypto market, and how it's capable of pulling out all the stops and surprising everyone. Wouldn't it be nice to be a part of that before it happens? Reason for trade: There are other, less useful alts with higher market caps. I know this market is irrational, but once it gets its head straight, money will flow to decent projects like Zen. I mean DOGE has a fucking $360mil marketcap for fuck sakes. Time-frame: 1 - 3 months Shoutout: ZClassic, for being a piece of shit coin that keeps farting out forked coins like they're going out of fashion.
Long
by UnknownUnicorn897809
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