ZEC also does some pretty wild price swings, which is great for swing traders.
Zcash (ZEC) Trade Analysis by Alan Masters
Zcash started moving on the 14th May, a really strong breakout. After three positive days there was a retrace, I was hoping to see the price consolidating a bit in order to wait for a strong entry point, but ZEC started moving again, and lots of our supporters and readers contacted me asking for the details to trade this coin. Let's do it, let's take a look at ZEC.
Let's start with the events:
- Gemini Exchange Listing (19 May) DONE.
- Network Upgrade 0 (30 June).
- Network Upgrade 1 (30 September).
Buy in: 0.0329 - 0.0448
Zcash (ZEC) targets by Alan Masters:
(*) 0.1696 (All Time High)
Stop loss: 0.0292
YES! I AM GRATEFUL
Thanks for everything.
Thanks for life.
Thanks for love.
Thanks for the great opportunity.
Thanks for everything, even the things that are out of my own.
YES! I AM GRATEFUL... Forever more.
A falling wedge is forming and early signals are showing up on the short terms about a possible breakout.