Zcash / BitcoinLong
Zcash Prepares To Grow vs Bitcoin (26% to 94% Potential)
Zcash (ZECBTC) print a low in January 2021 and is now in consolidation mode.
Let's read this chart.
We have higher lows long-term but also lower highs, which is the consolidation pattern.
In October 2021 we had a hammer candlestick on the weekly timeframe which marked the low of the wave.
Now, after more than a year, another hammer shows up, November 2022, which can signal the same.
We have two main targets on this chart and timeframe... Let's have three:
1) 0.003200 (26%)
2) 0.004190 (66%)
3) 0.004890 (94%)
These are just rough estimations but they are good for the short- and mid-term.
Thank you for reading.
Namaste.
Let's read this chart.
We have higher lows long-term but also lower highs, which is the consolidation pattern.
In October 2021 we had a hammer candlestick on the weekly timeframe which marked the low of the wave.
Now, after more than a year, another hammer shows up, November 2022, which can signal the same.
We have two main targets on this chart and timeframe... Let's have three:
1) 0.003200 (26%)
2) 0.004190 (66%)
3) 0.004890 (94%)
These are just rough estimations but they are good for the short- and mid-term.
Thank you for reading.
Namaste.
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
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