ZEN Cash Update: I hope you're enjoying
SUMMARY
I hope you're enjoying this with the bullish wick!
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im waiting for 37$!
Hi @haejin, could you do a count on NEO please?
Nice analysis buddy and hope it will get an uptrend & reach higher destinations.
Target price $37?
Can't believe Zen's still going strong! Incredible.
Of course it is, fundamental reason: haejin said so.....it has to, haha
Tbh, haejin initially said [$24 was the target, so once it hit $28 I got out, which minutes later was at $22. Didn't get the memo about another run until after I sold ;) Not complaining though, still tripled my money, better to be safe than too greedy :) thanks haejin!
That's the trader's move my friend! Excellent work, now time to get back in!
Don't think so tbh! While I agree with haejin that it could easily go higher, there's a better entry around $15 by looks of it, on the way up that is.
Laddering lets you hit each support level to maximize your purchasing and selling options. Also, the most recent solid support is at $20....not saying it can't/won't go lower, just saying.
https://imgur.com/a/Z9sBx
Not convinced by $20 support at all, or buying high on principle. Yes there is a chance for (another) 100% gain, but also of a 50%+ loss! Those aren't favourable odds to me at all. I prefer a 3:1 or 4:1 benefit ratio, not a 1:1. That's like tossing a coin and hoping for heads.
I know you are not talking about this now but do you think this news will change your long view of Bitshares? Or will this be another potential in addition to Bitshares. Overstock CEO Patrick Byrne confirmed that SEC-compliant token exchange and marketplace tZERO will hold an initial coin offering (ICO) by Thanksgiving.
I've been curious, is there a reason your analysis are done compared to USD and not BTC?
USD is also much less volatile than BTC, so easier to gage what the crypto is doing rather than what BTC is doing. Obviously trading between X and BTC you need to be aware of both BTC & USD, but otherwise, if you're investing from USD in the first place then that's going to be the most relevant comparison for you.
Example: I invest from GBP, fiat trade with EUR, crypto trade with BTC, but use USD as the reference... because the mid-term difference of EUR/GBP/USD is so minimal compared to cryptos.
Short answer is he always trades back to USD for safe keeping of profits. Also, rarely do the charts vary much unless there is almost no volume in one or the other.
I like the BTC/USD analysis you do. they are very interesting.
I don't understand why you do USD analysis on alt coins. Can you tell me why you like to compare altcoins versus USD instead of BTC?
Is zencash still bullish? Could you do a quick update on it please? I hope it's just a correction since the 0.004888 BTC price.
Here is the analysis of ZEN, please use only to augment your due diligence. Please consider investing in the Elliott Wave Principle and Stock Trends Analysis books I had recommended.
https://steemit.com/bitcoin/@haejin/zen-cash-bullish-ascending-right-triangle-target-usd41-79-84-profit-potential
Here is the analysis of ZEN, please use only to augment your due diligence. Please consider investing in the Elliott Wave Principle and Stock Trends Analysis books I had recommended.
https://steemit.com/bitcoin/@haejin/zen-cash-bullish-ascending-right-triangle-target-usd41-79-84-profit-potential