#ZETA/USDT#ZETA
The price is moving within a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.2400.
Entry price: 0.2435
First target: 0.240
Second target: 0.2526
Third target: 0.2435
Zetacash
ZEC WOLF WAVES ... MASSIVE UPSIDE POTENTIALZEC has been in a downtrend since ever.
Some corrections but never bullish.
ZEC will halve around the end of 2020 and with this halving the founder reward should also come to an end. Both factors could enhance the price action over the next 10 months.
If these are wolf waves the potential upside target is massive high. Naturally this target is completely unrealistic, but I think that time for Zcash is coming. Volume breaking the 50MA will give useful inside about the pertinence of this post and the take profit.
BIO
ZEC --- SCARING BUT TO CONSIDERWe have to be objectiv when we invest and hodl forever ZEC is probably not the best thing to do.
The Head and Shoulder is really big and scaring. I also identify a possible falling wedge conducing to 60 dollars for one ZEC… scaring view.
Keep in mind these idea and if you see that ZEC find resistance in the upper line of the wedge, then swing with it.
For the moment enjoy at least a last ride.
BIO