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ZEN

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
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
Low Risk ZENCASH buy in. Week long ascending triangle.With BTC bull slowing down this week a lot of alts are showing possible buy signs. That said I like this one more than most. Week long ascending Triangle. If you want to wait for confirmed breakout fair enough. Target one has been set below whole number 250,000 sats. This is just below the next fib level and just under 21, 50 day SMA's etc. See graph for recommended stops at approx 179,000. Privacy coins in general are strong performers and Zen is solid within that space.
Long
by TristanWallace
1