ZCash potential good buy opportunity - Support Trendline
ZCash didn't fair too well in the past few hours, Bitcoin's heavy drop today likely didn't help.
As I mentioned, I haven't followed ZEC much before, nor did detailed analysis. Please do additional research.
Observing it more closely however, it's BTC/ZEC pair seems to constantly find support across that orange trend line. It may now be a better buy opportunity (still DYOR).
I had analyzed the USDT/ZEC pair earlier, which may not have been the better trend to watch.
As I mentioned, I haven't followed ZEC much before, nor did detailed analysis. Please do additional research.
Observing it more closely however, it's BTC/ZEC pair seems to constantly find support across that orange trend line. It may now be a better buy opportunity (still DYOR).
I had analyzed the USDT/ZEC pair earlier, which may not have been the better trend to watch.
Comment:
ZCash Pumped 10% in 1hr.
I don't have exact targets at the moment, since I'm not used to charting this coin. If I can develop targets while observing it's movements, I'll do so & post.
I caution again that ZEC is highly volatile.
For now I'm manually trading the price swings.
I don't have exact targets at the moment, since I'm not used to charting this coin. If I can develop targets while observing it's movements, I'll do so & post.
I caution again that ZEC is highly volatile.
For now I'm manually trading the price swings.
I posted this potential bottom 1hr ago.
ZEC up ~6% since.