What's next for ZEC?

26 בנוב׳ 2021

Hello traders! Zcash has had a nice pump since my last idea that was posted on October 22nd. I wanted to update you guys on my ideas and further targets. Like I stated in my previous idea, $300 is still the first major resistance that has yet to be broken (although I believe we would have closed the weekly above it had it not been for the bitcoin dump). After $300, the next multiyear resistance is $380. I expect us to tap $380 dollars followed by a 20% correction to $300 dollars. After $300 resistance turns into support, I think we will begin to go parabolic and my first huge target is $1200. I will personally be exiting at around $1200, although it could reach much higher. This is not financial advice.