
$ZEC no bounce so far; this looks like it's headed to the 800s eventually. 200d EMA + s/r area. Still holding hope this area can hold but btc still looks ugly on the lower time frames

Setup, biểu đồ và nhận định thị trường crypto từ trader và chuyên gia phân tích. Bitcoin, Ethereum và altcoin, tăng và giảm. Không phải lời khuyên tài chính.

$ZEC no bounce so far; this looks like it's headed to the 800s eventually. 200d EMA + s/r area. Still holding hope this area can hold but btc still looks ugly on the lower time frames


$ZEC / $BTC vs. LTC / BTC When studying the resurrection of "dead" dino coins... I think Litecoin is the best place to start. It's experienced more death/resurrection cycles over the years than anything else I've seen before. Every move followed the same script: - breakout from long, slow bleed w/ ascending triangle - initial move higher out of the triangle, range right above - up only blow off top Zcash has already experienced the first phase, it looks like it's nearing the end of the second, which means... it's probably about to send a lot higher than most people are ready for. e.g. in this scenario next clear resistance for ZEC is ~170% higher than where it is right now... in a world where BTC is also climbing back to ATHs and prints another 50% from here while zec outpaces it by 170%, the price of ZEC in USD would hit somewhere around $5K.


$ZEC eh honestly this is going to go the way that bitcoin goes. If btc has locally bottomed then ZEC should break past this 1350 level but the opposite is also true if bitcoin legs down. Probably best to just be flat at this current area and buy 1000-1100 again or the breakout
