Zcash - Low Risk Entry

BITFINEX:ZECBTC   Zcash / Bitcoin
Zcash, small play.

Possibly Elliot Waves in effect. Have set targets based on SMA's and long term trend lines .

Above main historical resistance trend line , 50 day SMA and historical resistance/support horizontal.

Honestly not big across ZCash except to say it's a large cap privacy based coin currently on ground floor of long term fib levels.

Let me know your thoughts.
Komen: It is theoretically possible wave 3 runs to 100 SMA or long term trend line if that happens we're looking very good!

That said my expectations follow what's graphed.
Dagangan ditutup secara manual: ZCash just doesn't excite me anymore. Take profits now, move onto something more productive.
Nice One Mate
@qdoc, Thanks brother, hasn't got its ass into gear yet but I'm still hopefully. I think I'll throw out a loose stop gap of about 320,000sats but I think this will still come though.
qdoc TristanWallace
@TristanWallace, it's a fundamentally good coin imho zero knowledge cyrptography, is asic resistant (gpu mining) and is a future top tenner and solid four figure coin. Also it looks to me to have been forming the mother of all cup handles ;-) TRADE AT YOUR OWN RISK
@qdoc, Thanks for advice champ!

To be honest I know it's not important in the scheme of things. That said I think the price per coin hurts it. People see price per verge coin etc and love that shit. I'm definitely taking that into my TA from here on out.
qdoc TristanWallace
@TristanWallace, deep fa bro, it's how i roll. Qdoc i think he's the coolest thing i've ever seen ;-)
qdoc qdoc
@qdoc, the dog that is ;-)
qdoc qdoc
@qdoc, he should be in show business, on second thoughts no keep him on the straight and narrow ;-)
themomentum TristanWallace
@TristanWallace, I agree with this statement, i am noticing that coins with a small price in cents pump easier and marketcap doesnt really matter .
TristanWallace themomentum
@themomentum, probably a testimate to people joining the market not having a clue of fundamentals. It's just something we need to keep in mind. Definitely not exclusively but it's worth noting.

@qdoc Cody doesn't follow instructions very well. He likes to do his own thing hahaha
qdoc TristanWallace
@TristanWallace, like his master ;-)
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