As usual, retail investors and traders start hyping a trend only after the upward pump has already happened! Back in 2023, nobody gave a damn about
ZECUSD or privacy-sector tokens!
Now everyone's suddenly an expert, flooding charts with talk of insane potential and how this category's just getting started! But I think all these rumors are already baked into the price, like always!
The accumulation zone is marked down low—that zone has been, still is, and always will be the sweet spot for scooping up Zcash!
Right now, hitting exactly the 0.78 Fibonacci extension (yeah, this analysis is pretty basic), we're seeing a reaction, and it's totally normal after such a sharp rally!
Next up: a tricky decision zone! Even if Bitcoin dominance drops below 50%, no guarantee ZEC keeps climbing!
If it does push on and we hit that full-on euphoria phase in alts, I figure the target flagged here will mark the logical cycle top!
But if the pump's already done its thing and liquidity rotates to other sectors? Then we could see at least a retrace to wick out that 50% level before heading back down the long, painful road for the next 2-3 years straight to the accumulation zone again!
Thanks for support!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Now everyone's suddenly an expert, flooding charts with talk of insane potential and how this category's just getting started! But I think all these rumors are already baked into the price, like always!
The accumulation zone is marked down low—that zone has been, still is, and always will be the sweet spot for scooping up Zcash!
Right now, hitting exactly the 0.78 Fibonacci extension (yeah, this analysis is pretty basic), we're seeing a reaction, and it's totally normal after such a sharp rally!
Next up: a tricky decision zone! Even if Bitcoin dominance drops below 50%, no guarantee ZEC keeps climbing!
If it does push on and we hit that full-on euphoria phase in alts, I figure the target flagged here will mark the logical cycle top!
But if the pump's already done its thing and liquidity rotates to other sectors? Then we could see at least a retrace to wick out that 50% level before heading back down the long, painful road for the next 2-3 years straight to the accumulation zone again!
Thanks for support!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
🔸 Join in free tg channel - t.me/crypto4light
✅ Youtube- youtube.com/crypto4light
🐦 X - x.com/vladi4light
✅ Youtube- youtube.com/crypto4light
🐦 X - x.com/vladi4light
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
🔸 Join in free tg channel - t.me/crypto4light
✅ Youtube- youtube.com/crypto4light
🐦 X - x.com/vladi4light
✅ Youtube- youtube.com/crypto4light
🐦 X - x.com/vladi4light
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
