Zcash To $955 (3,264%)? Grew 2105% In 2021 (Market Psychology)
My biggest mistake has always been aiming too low rather than too high, this time I am going to err on the high side.
Zcash looks great on its Tether (USDT) pairing, specially when we compare it to the Bitcoin pair (ZECBTC), but, a new All-Time Low has been hit recently.
The low hit in July 2024 went lower than March 2020 but technically speaking, we have a long-term double-bottom. Unless we have a repeat of early 2020 and the current correction now leads to a lower low compared to July 2024 rather than remain a higher low —this would be followed by a swift recovery. If something like this were to happen, this wouldn't change our long-term price projection nor the fact that we will have a major bull-market in 2025. So it would only be a temporary sell-off (panic).
Zcash grew more than 2,100% in 2021.
The accumulation phase between 2023 and 2024 lasted 392 days, which is pretty good by any standard and can support major growth.
Uncertainty is only present around September 2024, now! This is because we know Bitcoin is going to crash and the Crypto-giants as well; Binance Coin, Toncoin, XRP, Dogecoin, Tron, Solana, and all those big Altcoins that have not completed their correction. This will definitely affect the rest of the market.
The initial effect of a major Bitcoin crash, the continuation of the bearish wave that started March 2024, would definitely affect the entire market strongly but most of the Altcoins would recover within days. Some are able to "detach" from Bitcoin and even grow.
For ZECUSDT, which is the pair we are looking at now, a higher low vs July 2024 would be the norm based on the long accumulation phase with its high volume but this can easily break. Prices can move lower, on-purpose, in order to liquidate leveraged traders. This way the exchanges can collect all the collateral before major growth.
Higher low or lower low does not change what we are looking at, the 2025 bull-market.
ZECUSDT will grow and it will grow massively. The technical double-bottom makes 735% ($237) an easy target. If all goes well, as we expect based on all the capital that will be flowing into Crypto in 2025, Zcash can reach new All-Time Highs. The first target is set at $598 for 2,000% potential profits. And the last and major ATH projection stands at $955 for a massive 3,264% growth potential.
Just one last period of uncertainty, or bearish action, and we are done. After Bitcoin's correction is over, we can focus on, and enjoy, marketwide sustained long-term growth.
It will be beautiful... If you are reading this now, you have great timing, amazing timing and you are ahead of the pack. You are early and early is great because you have enough time to calculate, plan and prepare.
Our strategy is very simple: Buy and hold.
We are now in accumulation mode.
We intend, according to our own financial capacity, to buy, buy, buy, buy, buy and buy some more, at every chance the market gives. If prices drop, buy more. If prices move up, buy more, and focus on the long-term.
When prices are high-up and green, when people start talking about forever more, greed and ZEC to 3K, that's the time to sell.
When euphoria sets in and people lose all sense of sanity and everything is green and new All-Time Highs are present all across, that's the best time to take profits because it means we reached the top.
When there is fear, uncertainty, doubt, disinterest and the entire market is red, that's the time to buy and hold focusing on the long-term; because the bottom is in or close.
It works in reverse, you see, the market psychology.
➖ The market impulse will tell you to buy at the top. It is not really telling you to buy, the impulse happens because everybody is bullish and actual growth is happening. That's what we read subconsciously as a buy signal. Since beginners have no way to gauge the current market situation, they interpret this impulse/feeling as a buy signal and buy at the top. Sure enough, the crash happens just right after. Think of early 2024. Many people rushed to buy in. People told me it was the "start of the bull-market" while I was warning of an impending correction and everything is down now by 80-90%.
➖ The market impulse will tell you to sell at the bottom, when the market is depressed, why? Everything is negative, news are negative, the mood is down, there is no excitement, all the bots, whales and exchanges are selling... As you approach the market, your subconscious mind receives these signals and interpret them as a sell signal. It is not a sell signal, it only means that it is what is actually happening. But as a trader, someone smart, with vision, you know the best time to buy is when prices are low. So you have to go against this feeling, you have to go beyond the market sentiment, get the bottom, buy now, hold long-term and prepare for growth.
The Altcoins are down now, full red and these can be accumulated thinking of the long-term.
Some are yet to crash, from these, stay way.
Consider the ones trading very low or near support.
The rest requires patience and better prices will definitely show up.
After the crash, everything grows.
Namaste.
Zcash looks great on its Tether (USDT) pairing, specially when we compare it to the Bitcoin pair (ZECBTC), but, a new All-Time Low has been hit recently.
The low hit in July 2024 went lower than March 2020 but technically speaking, we have a long-term double-bottom. Unless we have a repeat of early 2020 and the current correction now leads to a lower low compared to July 2024 rather than remain a higher low —this would be followed by a swift recovery. If something like this were to happen, this wouldn't change our long-term price projection nor the fact that we will have a major bull-market in 2025. So it would only be a temporary sell-off (panic).
Zcash grew more than 2,100% in 2021.
The accumulation phase between 2023 and 2024 lasted 392 days, which is pretty good by any standard and can support major growth.
Uncertainty is only present around September 2024, now! This is because we know Bitcoin is going to crash and the Crypto-giants as well; Binance Coin, Toncoin, XRP, Dogecoin, Tron, Solana, and all those big Altcoins that have not completed their correction. This will definitely affect the rest of the market.
The initial effect of a major Bitcoin crash, the continuation of the bearish wave that started March 2024, would definitely affect the entire market strongly but most of the Altcoins would recover within days. Some are able to "detach" from Bitcoin and even grow.
For ZECUSDT, which is the pair we are looking at now, a higher low vs July 2024 would be the norm based on the long accumulation phase with its high volume but this can easily break. Prices can move lower, on-purpose, in order to liquidate leveraged traders. This way the exchanges can collect all the collateral before major growth.
Higher low or lower low does not change what we are looking at, the 2025 bull-market.
ZECUSDT will grow and it will grow massively. The technical double-bottom makes 735% ($237) an easy target. If all goes well, as we expect based on all the capital that will be flowing into Crypto in 2025, Zcash can reach new All-Time Highs. The first target is set at $598 for 2,000% potential profits. And the last and major ATH projection stands at $955 for a massive 3,264% growth potential.
Just one last period of uncertainty, or bearish action, and we are done. After Bitcoin's correction is over, we can focus on, and enjoy, marketwide sustained long-term growth.
It will be beautiful... If you are reading this now, you have great timing, amazing timing and you are ahead of the pack. You are early and early is great because you have enough time to calculate, plan and prepare.
Our strategy is very simple: Buy and hold.
We are now in accumulation mode.
We intend, according to our own financial capacity, to buy, buy, buy, buy, buy and buy some more, at every chance the market gives. If prices drop, buy more. If prices move up, buy more, and focus on the long-term.
When prices are high-up and green, when people start talking about forever more, greed and ZEC to 3K, that's the time to sell.
When euphoria sets in and people lose all sense of sanity and everything is green and new All-Time Highs are present all across, that's the best time to take profits because it means we reached the top.
When there is fear, uncertainty, doubt, disinterest and the entire market is red, that's the time to buy and hold focusing on the long-term; because the bottom is in or close.
It works in reverse, you see, the market psychology.
➖ The market impulse will tell you to buy at the top. It is not really telling you to buy, the impulse happens because everybody is bullish and actual growth is happening. That's what we read subconsciously as a buy signal. Since beginners have no way to gauge the current market situation, they interpret this impulse/feeling as a buy signal and buy at the top. Sure enough, the crash happens just right after. Think of early 2024. Many people rushed to buy in. People told me it was the "start of the bull-market" while I was warning of an impending correction and everything is down now by 80-90%.
➖ The market impulse will tell you to sell at the bottom, when the market is depressed, why? Everything is negative, news are negative, the mood is down, there is no excitement, all the bots, whales and exchanges are selling... As you approach the market, your subconscious mind receives these signals and interpret them as a sell signal. It is not a sell signal, it only means that it is what is actually happening. But as a trader, someone smart, with vision, you know the best time to buy is when prices are low. So you have to go against this feeling, you have to go beyond the market sentiment, get the bottom, buy now, hold long-term and prepare for growth.
The Altcoins are down now, full red and these can be accumulated thinking of the long-term.
Some are yet to crash, from these, stay way.
Consider the ones trading very low or near support.
The rest requires patience and better prices will definitely show up.
After the crash, everything grows.
Namaste.
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
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