Zcash is one of the cryptocurrency that I hold in the highest estimation.
Before following, the purpose of this analysis is to demonstrate with the Technical Analysis some of the possibilities bringing a complementary study on this asset. Being useful for you and also if you have liked to tighten the LIKE, comment and share.
Next, ZECASH is in a very large asymmetry, not making clear a pattern. But we see here in the daily graphic, when the price returns to work above the U$50 it reacts by making bullish movements, but it still can't get out of resistance. So here we are presume that it is at the beginning of a potential wave 3 projected to go up to over 200 dollars. As I said the price is quite asymmetrical, so it is a bit more difficult to control the risk. On the other hand I see the price going inside a rising channel . A very strong movement should happen in case it breaks the returning line of this channel. Anyway, for those who believe in an Altseason, ZEC is a good bet and can give returns of more than 1000%.
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