SUMMARY
For ZEC, the breakout from the downward pointing symmetrical triangle is quite genuine! Mostly because price proximity to the apex (the point at which the two triangle lines intersect) was close and teh breakout has been decisive in that it had not come back inside the triangle at all.
Close 60 minute chart shows an impulse being completed (blue) followed by a sideways traingle conslidation. There already seems to be signs of a breakout occuring from this triangle as well.
IF the breakout is sustained, then a larger degree of trend impulse (blue) should provide the higher highs to allow the resumption of the original trend: Up!
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This ZCL pump is nothing compared to the what we’ll see when Bittrex announces BTCP support. It’s not too late to buy in.
Great analogy! 👍😆🤣😂
Hahaha thanks
hmm ill hold the one on the right thanks you.
From months of mining on Nvidia cards, I got a nice little pile of ZEC, I can say from watching price it doesn’t have huge volatility. It will go up and down like any currency, but doesn’t have those wild 25%-40% swings in a day that some altcoins have.
Thanks
Great information and good opinion wish you all the best
Sir i like your post and also like to comment...But someone give down :( loke last one
I have high hopes for ZEC!
Zcash has been calling me. I got into mining this past weekend and this is one of the coins people seem to be working on a lot right now. I'm not surprised at your results. I expect the market sentiment to reflect your prediction
@haejin Sorry man, but I think the guy asked for a Zclassic ZCL coin, there is an Hardfork, so the people are buyng to get the free BTCP (BitcoinPrivate). The fork will give the free BTCP coin from BTC bitcoin and ZCl Zclassic.
1zec=2btc
good analysis
1zec=2btc
Can you explain? I didn't understand
BTC and its many mini me's.
holding ZEC for quite a while now. It is a good crypto with 0 txn fee for now and zero-knowledge proof for z addresses (a way to validate txns without knowing the txn itself) which in itself is far better than what monero is doing (mixing up txns so that it is impossible to retrace which one is from whom).
ZEC has an inflation rate of +81% / year right now only due to mining which is why the market cap is so low (selling pressure).
It is a good long term investment since the inflation that makes it undervalued will only go down with time (reward / block for miners will go down while the number of coins will go up) a bit like bitcoin in 2010.
Love ZEC- a good rule is follow the miners. This thing's been pooling like crazy for a while and I think it'll really separate from the pack in the long term.
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please voteback..
thanx
Awesome post! I invite you to visit our blog and vote us back! And of course to enjoy our content :)
Don't forget , this just isn't any old coin. According to some this thing has the best privacy of any coin , rivaling Monero. Imagine if people start either dropping Monero for this or using it as an alternative, you will really see the demand spike, and it won't be speculative it will be becuase the thing is actually being used.