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Technical analysis by BeerdHead about Symbol ZEC: Buy recommendation (10/18/2023)

https://sahmeto.com/message/504982
BeerdHead
BeerdHead
Rank: 16216
1.5
Buy،Technical،BeerdHead

This Privacy Project has been a terrible performer. So anticipate more of that trend.However since it is PoW and has a Halving in just over 1 year, that following supply deterioration should create a pump cycleIn the 12 months ahead prior to halving I will recommend DCA under $30 and then plan to begin selling above $150O' Barry Where Art Thou?I'd not be surprised to see capitulation to sub $19 that would be sufficient for a cycle low spring. It is possible that the cycle low is happening right now in the 20-22 area.Zcash halving is less than 11 full months away so it's unlikely for bears to control the market for more than 45 days from now ///Jan 6thAnticipate the Zcash Devs to create a reason for pumping coins up in Feb or March

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$24.89
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