ZCASH coiling up?
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Well it hasnt moved as much as other but the USDT pair has made a nice double bottom while the BTC pair went on to hit its 1.618 (tradingview.com/chart/ZECBTC/A9uTSJR6-ZECBTC-Zcash-RIGHT-ON-0-886/) forming a nice divergence.
8.236/16.236 target to look at still depending on how the impulse goes.
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Hold my beer pls
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8.236/16.236 target to look at still depending on how the impulse goes.
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If you like my content, if it helps you gain profit, give it a like!
Thanks!
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Hold my beer pls
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No financial advice, do your own research, don't be stupid
Nota
Might do a BCH like move? Nota
hit that buy zoneNota
the price action since the highs in 2021 have been clearly in a corrective manner, remdinding of the EOS ending pattern. Especially the last legs on the meanwhile tripple bottom look somewhat crashing structure like hinting this could really form a bottom here with a strong reaction either way suppose retracement levels 0.618/0.886 will be achieved at some point, if it can continue up, we will see Nota
if this support goes away, well, but for now not rock solid, but solid Nota
same type ending pattern 
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besides hitting 4.236 like clockwork check that zcash thrust Nota
at look at the btc pair its like WOW w3 on 1.886, w5 on 2.618
triangle for w4
height of triangle for reference target
major divergence one hasnt seen before
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if it doesnt bounc here on the 0.95 it would be bad and sad lolgiven the btc pair would have to drop some more 10% to hit the triangle target price, this could suggest btc might be about to pump while usdt pair doesnt go lower (best case scenario for zec). if it fails to hold single digit prices might be ahead and below 1:1 extension its lights out for bulls
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if it losed 0.95 level most likely after a retracement into $24 now resistance its game over and question will be how deep it will fallNota
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pretty sure the btc pair will sweep 0.886 Nota
here we are pushin into 24/25 resistance, flip it and be goodNota
not looking nice as rejected, better luck next try?Nota
long time no update yet zec managed to be absolutely poorly performing creating another lower low. but now bottom might be finally be in and question is do we get one more touch on trend line with ending 5 wave pattern or do we go from here? 32.05 tells the story
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