ZCash: the next altcoin pump?
I don't usually chart "shitcoins", but this chart is definetely interesting, especially combined with the probably bearish BTC action in the next 4 or 5 weeks. Price is above averages, we have good volume and a POC in the Volume by Price, so it seems to be consolidating and getting ready for a next impulse up, with a possible 100% upside target. Time to buy when no one is looking?
Cancel if 0.043 is lost on the daily candle.
Cancel if 0.043 is lost on the daily candle.
Note
Posted this idea on the chat room a few timesm it has been pretty much ignored, which only makes me more confident, crypto "traders" are terrible at understanding consolidation/reversal patterns. Big profits are coming!Note
So clearly this was not yet the bottom, managed to get out almost at breakeven. Levels I'll be watching for trades in the next weeks and months:-> 0.026 BTC (next fibo target)
-> 0.001 --> near 1.618 from my fibo (of which 0.038BTC was 0.618 target)
in USD, the $ 10 level
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.