It has been trading withing a descending wedge that has very strong monthly levels and respecting the trend lines that give it support or resistance to made it stay near its lowest support level of 0.007972 BTC and it should test the 0.012775 BTC level at least one before starting a new move. It created a daily support of 0.009872 BTC and its been above since a week ago and is currently trading at 0.010321 BTC. It seems to be a good opportunity to get some #Zcash before it tries to test the resistance monthly level. It could go further reversing the down trend but another direction is more likely after the first test. If you buy now and hold until the first test and sell then you can probably buy back once it has reverted to previous levels before starting its new move.
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The chart seems just like the veil chart. Come to think of it, Zcash and Veil are both privacy coins. I will get more of Zcash then.. Let the roller coaster ride..
Got to love similar coins because they act very similar increase the trading chances
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You are right.. I have tried it out on Veil and Monero. My trades skyrocketed. I almost lost out of greed but glad I had to stop loss early enough.. Lol
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