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ZCash / Bitcoin
Long

Zcash breaking out of bullish wedge

341
ZECBTC is breaking out of a bullish wedge that has been forming since March 2017. There has been a trend in the cryptocurrency space towards the more privacy sensitive coins such as Monero, Dash, and Zcash. From the looks of this chart, it appears that money is going to continue to flow into Zcash relative to BTCUSD.

Initial Target: 0.100
Stop Loss: 0.0300
BTCBanker1
Also on:
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternscryptoCryptocurrencySupply and DemandWedgezcashzecZECBTCZECUSD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternscryptoCryptocurrencySupply and DemandWedgezcashzecZECBTCZECUSD
BTCBanker1
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.