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burn_infinite

Breakout Feels Imminent for ZEC

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Zcash (BITFINEX:ZECUSD)  
burn_infinite  
BITFINEX:ZECUSD   Zcash
Trend Analysis Chart Patterns Technical Indicators ZECUSD ZECBTC ZECUSDT ZECEUR ZECXBT zcash zcashusd Z-CASH
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trendanalysis chartpattern indicator zecusd zecbtc zecusdt zeceur zecxbt zcash zcashusd z-cash
There has been bullish divergence between ZEC price and momentum going back 18 months and it seems to finally be breaking up sustainably into bullish territory. ZEC tends to move slower than others in the space, but I could see it moving upward with some real weight behind it along with others in the privacy space along with XMR and DASH. Projecting the last cycle's bars, feels like a 2x-5x could be possible over the course of a few months here.

Entry: 65
Target: 120 - 250
Stop: 50
Penafian

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