From the history, when Zcash breaks the 200 MA (the red line), it bumps at least 10% profit. Zcash will easily breaks the 200 MA if Bitcoin moves up a bit to 8650. And if Bitcoin keeps rising, Zcash will follow and will give more profit up to 25% profit short term.
This is not a financial advice. It is only my Idea.
This is not a financial advice. It is only my Idea.
Note
Buying Zcash with USD is preferable.Note
ZECBTC might goes against BTC if there is no volume available to pumb ZEC. But without any doubts, ZECUSD is going side by side with Bitcoin.Note
According to the MACD, it seems to me that ZECBTC is doing fine.If ZECBTC Broke the 4300, it is next target is 4500, then 4960.
Let's watch what's going to happen in the next few hours.
Note
Trade closed manually
I am disappointed with this coin. Because of it is privacy, it is paying the price. Even worse coins with higher market cap. I am done with ZEC.
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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.
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.