MikesJakub

ZEC bullish trend??

Long
KRAKEN:ZECUSD   Zcash
A lot of friends have been asking for this...
I don't know much about the fundamentals of this coin.
This is only what I read from the chart.

So in a short period of time
ZEC has been making a nice bullish triangle...
If it breaks up we could see a possible move up to the area around 240 and if there was some huge volume... we could potentially see the price moving around 300...
But first, we need to see it go through the resistance area.

We could also see a breakdown. Then we could see the price moving around 95. Which would be bad.

In long term
ZEC seems in a bullish trend right now. And I think it´s slowly getting to its fair value between 200 and 300.


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