Zcash (ZEC)

I was just lazing around one afternoon when I found out that @CQ_Elzz was hosting a meetup in my city In all honesty I didn't know the project she was going to talk about in the Meetup I just knew she was hosting a meetup and I was going to attend it Fast forward to when I got to the venue for the meetup and realized it was about @Zcash I was surprised, Like the zcash privacy token that survived terrible market crash remember when the entire market was red and it was only privacy tokens that was trending because of zcash? Yep that's why I became interested because AI and privacy has been my main focus for the past few months and zcash was all about privacy So I was fully onboard Fast forward till today, I'm happily exploring zcash and @ZecHub This is my Zcash origin story #12DaysOfZECmas

$ZEC Price bounced from 300$ to 450$. Now in some kind of rising wedge pattern with higher highs. On account of Bitcoin being bearish along with the whole market, this is more likely to break down at some point. Maybe another high to 490 before we crash back down? https://t.co/dmfBS4Gul2

I’m longing Zcash at 5x Timed the dip perfectly Already took my initials on a 2x Such an obvious trade

Signing off guys. Gotta take a nap for a few hours after an all nighter as I've got to go to dinner with my wife tonight and need to be attentive! Don't chase green candles that have no CANDLE volume behind them. The ones' that go up too fast and then come back down fast are manufactured liquidity grabs! #ZEC

$ZEC 👀👀👀👀👀

Someone jumped into my comments today claiming that because #ZEC showed “$3.5B volume in 24 hours,” it means the move up was strong spot demand and that calling it “low volume” was somehow lying. This is exactly why new traders get wrecked, by listening to some young kid who has no clue what he's talking about. BTW, he has been blocked so that he can no longer come into this forum to defame me and give inappropriate information to all of you. 24h reported volume is not equal to actual buying pressure. Most of that number is: • leveraged churn • liquidations • internalized MM flow • arbitrage cycling • bots filling the book • people exiting positions • derivatives volume masquerading as spot If that $3.5B were real spot accumulation, the wedge wouldn’t have broken and we wouldn’t be failing every retest. This idea that “a big volume number means bullish momentum” is one of the most dangerous misconceptions in crypto. Be careful who you listen to out there as follower count doesn’t equal market understanding. Liquidity plus structure tell the truth. Headline numbers don’t!

$ZEC / $USD - Update Looking for us to tap higher at $520 https://t.co/J9NtvkfFoy

$ZEC looking good for a long soon https://t.co/t37jFDyedx

This #ZEC bounce still isn’t a reversal as it hasn’t even reached the underside of the broken wedge rail yet Low volume, shallow push, classic “dead-cat refuel” before continuation lower. Anyone FOMO-chasing this green candle is lining up to be liquidity. If you are bound and determined to buy into this current green candle, at least wait until it crosses the rail on supportive volume, then comes back to test it and hold it! To hold, it needs to confirm and that's typically done when there's full candle close above that rail. That's the only time you would want to commit to a reversal back into the wedge! That alone isn't even an overall trend reversal signal!