I still believe in $ZEC going back to $2,000+ yes... Because ZEC dumping to around $1,200 hasn't damaged the broader longer time frame bullish structure.
Just look at weekly chart... ZEC is still above its 7-week EMA around $1,215 and 25-week EMA near $818, while MACD remains bullish. Even after that rejection from $1,699, the bigger trend is still looking positive 💪🏻
And if you are one of those who is waiting for Zcash at $500... KEEP WAITING 😆
Also now we have another hot privacy narrative which is pushing $STRK +60% and above $0.122 and we can expect ZEC to be once again following its own bullish trend 💪🏻
For now i am watching $1,200 support and then $1,110... because losing these levels could bring more downside before another recovery.
I must say those who believe in $ZEC are the ones who are accumulating in RED... and we will sell in GREEN 😉
Patience and proper DCA... that's my plan 💛
#STRKRisesAbout20%In24Hours
Just look at weekly chart... ZEC is still above its 7-week EMA around $1,215 and 25-week EMA near $818, while MACD remains bullish. Even after that rejection from $1,699, the bigger trend is still looking positive 💪🏻
And if you are one of those who is waiting for Zcash at $500... KEEP WAITING 😆
Also now we have another hot privacy narrative which is pushing $STRK +60% and above $0.122 and we can expect ZEC to be once again following its own bullish trend 💪🏻
For now i am watching $1,200 support and then $1,110... because losing these levels could bring more downside before another recovery.
I must say those who believe in $ZEC are the ones who are accumulating in RED... and we will sell in GREEN 😉
Patience and proper DCA... that's my plan 💛
#STRKRisesAbout20%In24Hours