ZECUSDT trade ideas
ZECUSDT LONGZEC is bullish we have recently broke above daily resistance with a strong bullish impulse, which has been followed by a nice correction the the 0.50 fib, on the 4hr timeframe market is currently below resistance, IF we see a 4hr break back above then we can look to enter the long on the retest of the new support in this case then we will have a nice inverted head and shoulders for extra confluence.
Zcash is a very promising crypto to invest its capitalTechnical analysis regarding the price of ZCASH in relation of dollar Tether for the next scenarios, based on daily movement.
Financial volume coming in and causing the price to rise, the RSI is following this sharp upward movement in the price of ZCASH, which has been well valued in recent days and which is a good bet for making your capital profitable. Price can fetch such a projection, based on Fibonacci levels.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
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ZEC Huge Long PotentialEnjoy Chart bros. Only 1.9 Billion market cap, rank 60 currently
Zcash’s main advantage lies in its optional anonymity, which allows for a level of privacy unattainable with regular, pseudonymous cryptocurrencies like Bitcoin or Ethereum.
Similar to Monero, Monero sits at a 4.6 billion market cap. which suggests a 2x from here if ZEC were to move similar to its competition
Data from coinmarketcap at this date.