Crypto Contest December 3: Zcash
Zcash has broken out of the wedge pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Zcash has completed one cycle from the November 21 low. The five wave advance finished on the November 25, and the three wave correction possibly ended on the December 2. If this wave count is correct, Zcash should be heading next towards the November 25 peak in the wave three.
(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Zcash.
If you think this analysis is correct, upvote this post and upvote the comment "Zcash will takeout the November 25 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Zcash will drop below the November 21 low".
You can upvote the comment until 3 PM EST December 4 and you can upvote only one comment. 100% of Steem (0.052 STEEM + 0.402 STEEM = 0.454 STEEM) from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
Zcash will takeout the November 25 peak (19 voters as of 3 PM EST December 4: otisbrown, bleujay, gamer00, yefet, bitcoiner, majes, ervin-lemark, anotherjoe, inertia, idnit, jdbry, feelinggood, digit, idnit1, mrfoot, mistere, fortinbuff, cronk, escapeamericanow).
Us Canadians say Zed cash eh. 😊
ZeD is a Canadian variety television program and website. The series premiered on CBC Television in March 18, 2002 and ran to 2006. Hosted primarily by Sharon Lewis and Ziya Tong, ZeD publicized creative works from Canada and other countries, including a substantial portion of material created by viewers and new artists. ZeD thus considered itself to be "open-source television."[1]
https://en.wikipedia.org/wiki/ZeD
This Zed?
Zcash will drop below the November 21 low (7 voters as of 3 PM EST December 4: me-tarzan, gregory-f, spinbunny, twinner, landofcrypto, jamesbrown, kingscrown).
You won.
This post has been ranked within the top 80 most undervalued posts in the second half of Dec 03. We estimate that this post is undervalued by $6.51 as compared to a scenario in which every voter had an equal say.
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nice upp