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IvanLabrie
6. Apr. 2017 23:34

ZECXBT: Bottom spotted Long

Zcash / BitcoinKraken

Beschreibung

I think there's good odds that is the end of the ZECXBT pullback, so I expect a sharp rally starting tomorrow. I've been accumulating for some time, and my average entry is quite good, and currently in profit, so I am willing to let it run to see if we trigger a new uptrend, in which case I would be adding shorter term trades, aiming to capture the potential upside the chart implies here.

From the fiat chart, we also get good signals, showing strong hands are holding the market up.
It's just awaiting a catalyst to take off, so, I will continue to hold and rebalance my positions for now.

Best of luck,

Ivan Labrie.

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Great.

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Time at mode does certainly work...now we need to see if it continues to validate our thesis with further post pattern confirmation. Hold longs!
I mean HODL :p

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Looks good. Today's close is instrumental in the daily trend continuation. Else we'll range for a while longer.

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We'd need a close above 0.06 and holding there for a couple more days to trend up.
The top was the key level in orange for now.

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Back at support. I'm holding, you could look to add here, with BTC if you don't have a 20-25% position yet.

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Matter of time before the ratio chart confirms a rally too. Fiat already did.

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It might take longer to break out and trend but it remains well supported, so we will hold and buy dips perhaps.

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We topped at the target zone...nice going if you had longs.

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Closing on May 24 wasn't all that bad.
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supporter
etherium integrates zcash and price is 1648 so if we see eth integrating zcash thn price can move upto 1648 ???
any way thnx for ur daily update loaded every dips on ur updates :)
your eth chart is awesome made almost 5 x
IvanLabrie
@supporter, no, that was the key level when ETH announced collaboration with ZEC. The resistance levels are on chart. Target #1 is like 121 eur.
bearviewer
Thank you, i bought at 0.0487, it is now at 0.056, i hope it continues to 0.11 as you said, waiting to read more from you soon ;)
IvanLabrie
@LucaMonterisi, glad to hear! Hopefully we get the whole move and hit the targets.
thoma55helby
is this a winner or not ??
IvanLabrie
@thoma55helby, it's in profit :D
If we got it right, we'll bank big time, so I hope you joined with a safe position size.
Basvo
yes man, this was a great rally. Thank you!
Still acts strong though... are you planning on buying dips for the 411 euro target?
IvanLabrie
@Basvo, not here, I reduce exposure since we hit a weekly target...it could slow down for a while.
GanZilla
this looks ugly now
Spofas
Painting a very ugly daily candle at the moment.
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