thaytch

thaytch Updated 

Zcash had its first halving in November 20. Its feature for shielded transaction (and also transparent) does currently not get nearly as much credit as it deserves. As the crypto market is nascent and still very inefficient, people will soon realize the sheer power of this which will eventually be priced in. It's backed by large entities such as an Amazon...

thaytch Updated 

Everyone and their mother will have asks at the log trendline since TA is a self-fulfilling prophecy. Frontrun their shorts in the red zone and in case they do somehow manage to break the trendline in the first go average down your shorts up to the next resistance at $12k which is quite near anyway .. There is no way both levels will be broken in one go (use stops...

thaytch Updated 

Trendline bounce + 50% FIB retracement + RSI oversold FUD dump is ridiculous too.

thaytch Updated 

Previous pushes to close to $3k were fuelled by major events: mass media FOMO and BIP 91 success. The previous selloff to the $1800ish support had a relatively large volume compared to the current consolidation phase. RSI also indicates a price reversal. Since there will not be a new event in the foreseeable future since SegWit is being locked in now the...