ZECUSD trade ideas
ZCASH ULTIMATE BUOYANCY PLAY"zcash is a water based asset not a land based one, land based assets must resist the laws of gravity in order to increase in price, however water based assets rise up thanks to having the laws of buoyancy on their side, to get ahead in life collect water based assets"
when zcash fell to the bottom of the sea many assumed that it would be stuck there forever. but when the inflation rate was reduced what we found was that zcash is in fact a buoyant asset after all. from there we simply calculated the surface level ($3000), this is our price target for now because buoyant assets can only rise up to the surface until they are turned into rockets, afterwhich they can go to the moon ($10,000)
many traders overlook buoyant assets because the industry is very focused on rockets, however buoyant assets that are deeply submerged (such as zcash) are a great investment as they will inevitably rise to the surface. at that point they may build rocket features to go to the moon but by that time you have already made plenty of money. once zcash has used buoyancy law to rise to $3000 i will issue a new chart which shows how it will go space exploring. it will involve spacex and elon musk
regarding the popular children's animated film "finding nemo" what we also found is that zcash is a bit of a nemo - ie, it was broken and could't swim properly. zcash's dad (zooko) lost his little nemo in this deep blue sea. but thankfully he helped zcash to learn to swim properly by fixing the inflation rate and teaching it the laws of buoyancy. it is only a matter of time now that zcash (nemo) is reunited with his father zooko at the surface of the sea
oh and yes this is no joke the trade of 2021, thank you for your time
ZEC traded to perfection. TV's most accurate analyst nails it!As per the previous analysis where my target was hit to perfection (what else is new?) and then a retrace, you can see ZEC did exactly as I said it would.
This is similar to nearly all my analysis where my target shown is reached and then a retrace, meaning that the 'meat' out of the trade is at it's highest and for those brave enough in a bull market (like me) you could short the targets and re-buy when it hits major resistance bull market indicators explained in my member's section on my website.
The next move will be to re-buy when my short from $150 hits $134.99 and wait for ZEC to move higher to $260 before the next move is made on this market. I advise not to short now if you haven't done so at the target level of $150 as the risk does not meet the value of the reward in my opinion. To short in a bull market is for experienced and knowledgeable traders only, that is a warning to novice traders!
The market could turn higher before the short closes so I need to monitor the market or have back up plans in place if not able to monitor the price action. There will be some resistance when the RSI hits 77 on the chart as shown by the red horizontal line if the market does move upwards.
Anyone is a genius in a bull market, the trick is to know what the target is to sell and then re-buy back in.
Happy trading legends!
HTBB
Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member.