MitchMilli

ZEC Chart Speaking "Volumes" Don't Hold Back

Long
GEMINI:ZECUSD   Zcash
This is a short term view on ZEC

On chart there is a setup across the Mac D, Stochastic RSI, Volume & Price Action (finding support above moving averages) that mirrors a previous reversal in January of 2020.

Following this setup Zcash saw a near 200% move from beginning of January until basically Valentines day. Price rose from around $25 to $75 (roughly).

These similar conditions are currently present in the chart. A similar move would take us around the $165 region.

These are only speculative short term ideas. In a macro view I think I should be acquiring as much ZEC as possible.

My mindset on ZEC aligns with the billionaire crypto exchange owners words.

"Zcash $ZEC is easily the most underrated crypto right now. It brings privacy to money, which is a fundamental building block of a free and open society." - Tyler Winklevoss

Not Financial Advice.
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