ZCash ready for a bull run after BTCP/ZCL hype
Updated
Many factors indicate an uptrend for ZZEC:
1) BTCP snapshot was taken today which led to a dump in demand for
ZCL
2) Chart patterns are almost identical to what happened before the last pump
3) MACD is showing similar movements like when the last pump happened
4) ABC-correction wave is already over
I opened a position at 0.0368BTC/ZEC
1) BTCP snapshot was taken today which led to a dump in demand for
ZCL2) Chart patterns are almost identical to what happened before the last pump
3) MACD is showing similar movements like when the last pump happened
4) ABC-correction wave is already over
I opened a position at 0.0368BTC/ZEC
Note
If you have a look at the candle before the reversal back in 2017 it dipped quite huge (below support)I see the possibility that this can happen now as well. Meaning there should be a bullish engulfing candle either on Sunday or on Monday.
I set a stop-loss at 0.03 BTC.
Trade active
Todays bullish engulfing candle could be the start of the bull run we are waiting for - Now things can get really interesting.
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