Maximum near term target is 10X from the local bottom which about 0.019000
the 5X target looks more reasonable 0.0110000
less ambitious targets also relevant. Primary drivers are the supply shock squeeze, and whether or not Robinhood App includes Zcash in its new set of crypto asset markets.
Its already got access to the #2 and #3 FOMO apps which are WeBull and Public.com
Kommentera
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rounding out the bottom. trade still active
Kommentera
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breakout above the 20 ma is confirmed, now retesting the 50 ma as support.
long way to go up for the 200 (at approx 0.011000 bitcoin)
Kommentera
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massive rejection on the breakout. needs to consolidate and retry another move above 0.0044000
Kommentera
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huge dry up of volume. risky to long here without bullish volume confirmation
Kommentera
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this is starting to look appealing again. prior breakout rejected fast.