ZEC / USD Daily
Major factors for bullscenario:
- formation of an uptrend; needs confirmation with a HH
- halving has been successful; lower inflation rate meaning same demand less supply
- Ma's squeezing in a good way: 200MA going upwards above the 50MA, indicating the formation of our uptrend
- Bitcoin in bull run & new investors looking for alternatives will look at largecaps (= ZEC)
- formation of an uptrend; needs confirmation with a HH
- halving has been successful; lower inflation rate meaning same demand less supply
- Ma's squeezing in a good way: 200MA going upwards above the 50MA, indicating the formation of our uptrend
- Bitcoin in bull run & new investors looking for alternatives will look at largecaps (= ZEC)
Note
main resistance around $120Note
not doing well lol, lacking behind ETH / LTC / BTCNote
alts sell-off leading to bounce at HL levelNote
HH!Note
nearing resistance at $120
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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.