ZECUSDT.P trade ideas
ZCash Support Levels to DCA! I'm AccumulatingI'm very long on ZCash. It's bitcoin's main competitor and offers the privacy solutions crypto desperately needs. Basically bitcoin with fully shielded transactions, enhanced scalability, and much lower fees. It works much better as a p2p currency than bitcoin. It may not be big today, but that's what makes it the perfect coin to start accumulating. After all, the people who make it in crypto buy the hidden gems, not the coins already at peaks. My thoughts, not financial advice. But if you were looking to enter ZCash, these are the levels I would consider buying the dip at.
ZECUSDT - Monthly ChartZec is at major support at the monthly time frame. The monthly candle looks bearish but i think we can hold the low and create a tight range upcoming months.
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$ZEC recovery after the big dumpBINANCE:ZECUSDTPERP
If ZEC were to be able to reclaim the support and break through the top resistance levels then the bullish trend will continue
Current issue at the moment is that we do not have enough volume to push, I would sit here and watch until R1 turns into a proper support, and probably do a breakout play at the top.