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Zcash Perpetual Futures

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ZECPERP trade ideas

ZCASH going to pump like XRP ?XRP people were expecting $0.25 to hit a final target of $10-$13 at the end of this altcoin season. Basically a 40x from a large cap. After 2 years of a bear market, XRP began the first leg up of the major pump. It was a beautiful thing, until the SEC stepped in and cut it's legs out. I see MANY similarities between ZCASH and XRP. Interestingly, ZCASH tracked XRP almost to the end, but then formed another structure. I do think ZCASH has completed it's wave (2). If so, you will soon find out if ZCASH will pump. Look for the RSI daily to break the trend. I'll be watching closely. How high can ZCASH go? No idea as I have not followed this coin. I can tell you XRP was expecting a 4.272 fibonacci.
GEMINI:ZECUSDLong
by gz1968
11
Zcash: We Are Waaaaay Down Here!Zcash is a coin I really like because: (1) Over 4 years of Price Data - Historical Data for analysis (2) History of remaining relevant - Top market cap coin; currently 35, if it didn't have a strong backing it would have disappeared by this point (3) Smaller market cap (more volatile price action) Now to the charts! I am showing a Weekly view on ZEC There are positive divergences in both the MACD & RSI (I will show below in detail; too hard to show on the price view) Our prior bull cycle price floor was at $22 We actually pierced thru this number back in March, and hit $18.50, but I'll chalk that up to volatility; I look at this as us making a double bottom @ $22 I have clearly outlined several areas of resistance: - A few resistance boxes in the $400 - $500 range - The 0.618 fib retracement level - A price area ~$750 - Prior ATH of $900 (once this level is broken, as w/any project, the fun begins as we enter price discovery. 1st Target we'll hit and surpass is the 1.618 fib extension of ~$1444) Reality is: Once our 1st true altseason begins, this thing will move extremely fast. The smaller cap implies you'll see A LOT of volatility, a lot of price wicks thru price ranges I have shared above I feel extremely confident ZCash will vastly appreciate in price/market cap along with the entire cryptocurrency market
KRAKEN:ZECUSDLong
by CryptoBullGod
5