Zen Cash Still Is the Zen of Wealth
SUMMARY
Back during early Fall of 2017; I had recommended ZEN for MASSIVE profit potential and had dubbed the bullish looking Cup & Handle chart the "Zen of Wealth". From $5.22 to $67 was a whopping 1,132% in profits! My view on Zen Cash has not changed but rather remain more excited because as this correction progresses, it too shall pass and give way to the next round of bull run.
The current correction has been more sideways and so directionless and this is typical of Altcoins because such sideways price action becomes a time pacman and so allows more time to be consumed into the correction. I've labeled it as WXY (blue) double three and the subwaves are also shown. The final five waves for C of Y show that white waves 3,4 and 5 down are not yet complete...but they shall be.
From the perspective of Fibonacci; the correction could settle around the 0.78 zone. While there is a hint of a H&S top pattern, volume does not confirm so that pattern will be discussed in a future update, if required.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Im liking BTCP more and more after reading the whitpaper and all!
zen cash has strong positioned in coinmarket, its sreading gradually and investment here is wisefull but at your own judgement and risk.
Zencash is pretty awesome! I like how it is mineable, and also not very expensive yet. Its nice to be able to get some while we can, and also there is even a zencash wallet for mobile and desktop which is great also. Because I love to mine from my computer to my own wallet with such ease!
Thanks, very good post !!!!
Awesome Work!
Keep it up!!!
@cryptoinvestinfo
Haejin thank you so much for your tech analysis. Can you please share some info on DGD? I’m about to purchase
How are you,,, FOLLOW @ajaa23
I do mine ZenCash and I gave kept all my coins since the beginning. I see a big potentiality on this coin especially after Zclassic and Hush have been left over for bitcoin forks by their creators. The collaboration with IOHK is also important sign.
u neva explain urself wella to mi
Nice your post
I like your posts, good posts. @haejin