Zcash / Euro
Long
Updated

ZECEUR: In case anyone missed this...

2 757
I've been going on and on about Zcash, I hope some of my followers are in the trade with me and my clients. Great profits already, and more to come with some luck.

If we move above resistance after today, we will continue trending up. ZECEUR could easily hit 120-152, and if above that, the weekly could see us hit 220 eur...The first fundamental key level resistance, which coincides with a technical level is around 411, so, hang in there and be patient. If it indeed starts trending, it will be like ETHEUR's rally before it, so, it will give a lot of short term opportunities, to make quick profits while holding the core position.

Fundamentals are aligning with my vision here, there's a chance that the problems XMR's anonimity appears to have, might kickstart this rally, together with bug fixes by the proactive Zcash team, as well as a potential addition to deep web marketplaces like Alphabay...the developments could cause an explosive rally, specially if you consider the limited floating supply.

Happy Easter!

Ivan Labrie.
Note
snapshot
Note
ZECEUR dipped to yesterday's key level, buyers stepped in with force, great volume confirming the bullish action snapshot
Note
This is how I've been trading ZECEUR so far, overall:

snapshot

Avg entry: 53-55
Note
snapshot
Note
I anticipate large players leaving the boat...

snapshot

mobile.twitter.com/zooko/status/863202798883577856

-Disclaimer: I sold at 255, missed the rest of the move sadly-

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.