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ZENBTC

Zencash VS Bitcoin Approaching Key ResistanceFollowing the previous idea on ZenCash cryptopost.com , the price has started to grow as expected after rejecting the btc 0.0033 support. The upside potential remains very large, however, to realize it, there is a major resistance that has to be broken first. The resistance is at btc 0.00567, that is confirmed by two Fibonacci retracement levels. If ZenCash will manage to break above, the price could go as high as btc 0.01.  On a downside note, break and close below btc 0.0033 could send price lower, back to the next support at btc 0.0025, but it still should not invalidate bullish outlook.
Long
by CryptoPAMM
Ascending Triangle on ZENBTCI'm seeing an ascending triangle (which is bullish) on ZENBTC on a 30m chart. Stochastic and MFI showing oversold conditions indicating a reversal. MACD will have a crossover if the next couple of candles close green, giving us further confirmation of upward movement. My entry is while the price is closer to the lower line of the triangle and exit will be closer to the upper line of the triangle. I want to be in the trade for a shorter period of time so I am not waiting for a breakout and rather exiting the trade just below the resistance, for a 10% gain. I opened a long position at 0.00473000 and placed a sell order at 0.00520300 (10% gain). Criticism welcomed!
Long
by Blackhole-Trading
2
Zencash VS Bitcoin Calling For ActionZencash formed the support at btc 0.0010 where it formed a double bottom back in October 2017. Almost immediate spike up followed reaching the high at btc 0.0052. However, after that ZEN/BTC consolidation continued and only recently it broke above the downtrend trendline and the 200 Moving Average. Zencash bounced several times off the 200 MA and the once of the downtrend trendline that are obviously now acting as s strong support. All these facts are just calling for action as Zencash is looking very attractive in terms of a buying opportunity. The price could grow by 220% as strong resistance is seen at btc 0.01, confirmed by two Fibonacci retracement levels.
Long
by CryptoPAMM
4
STRONG BUY, 300% Bull run imminent. Monero 3.0This is the ultimate trade for so many reasons. 1-Crystal clear graph indicators 2- Zcash has support for mobile users on Apple’s iOS and Google’s Android platforms 3- The currency is becoming widely accepted online (Wikileaks,and the darkweb) 4- The technology is phenomenal. It gives users the ability to be truly anonymous or "transparent". These can controlled by a t-addr, or can be a type of zero-knowledge proof called zk-SNARKs. Its essentially MONERO 3.0 This means it has utility to users who dont want their transactions seen, but it is not likely to be clamped down by governments due to its transparent functionality 5- Institutional investors now have access to this currency. Greyscale Invetment Trust is supporting its development Forbes: www.forbes.com Greyscale Investment Trust- ZCash grayscale.co
Long
by warrenhochfeld