AndrewEDavis

ZCash Potential ~35% profit opportunity

Long
AndrewEDavis Updated   
BITFINEX:ZECUSD   Zcash
ZCash / ZEC "Potential" ~35% profit opportunity.
ZCash is to be listed on the Gemini Exchange today (up 3% since my Twitter post 1 hour ago).

Please note, this isn't a coin I've followed very closely, however, recently it has been doing it's own thing instead of moving with BTC's price.
The analysis seems to make sense that it has completed correcting, and about to move upward again.

I remind that ZCash is a volatile coin at the moment and it's best for you to do your own research and/or check out other opinions/analysis as well.
Comment:
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.

Comment:
ZCash is currently pumping while most other coins are falling.
I posted this potential bottom 1hr ago.
ZEC up ~6% since.
Comment:
ZCash is currently pumping while most other coins are falling.
I posted this potential bottom 1hr ago.
ZEC up ~6% since.

(Added chart)

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