The Future of Z-Cash - Weekly ZECUSD
This is the USD version of the zcash chart and I'm going to keep this one short and sweet. Go read the commentary in the linked chart for a narrative of what I see in the future for Z-Cash. The long and short of it is, on the weekly we can see a cup and handle formation which is in the process now of breaking out to the upside.
We are likely to form a flag here for a few days, as buyers from this range likely try to unload, which is likely to have little to no effect on price, since most old-time sellers are flushed out, and N00b sells are immediately snapped up. Then we see price fly, up up and away, with really nothing in its way until potentially about $300.
In other words, Z-Cash will triple in value against USD in the next three months, and rise 250% in value over bitcoin in that time as well.
We are likely to form a flag here for a few days, as buyers from this range likely try to unload, which is likely to have little to no effect on price, since most old-time sellers are flushed out, and N00b sells are immediately snapped up. Then we see price fly, up up and away, with really nothing in its way until potentially about $300.
In other words, Z-Cash will triple in value against USD in the next three months, and rise 250% in value over bitcoin in that time as well.
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