💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
ZEC has conquered the $120 zone and is moving towards the $160 and $240 zone. But if it loses the $120 zone, the $100 zone is still a very reliable support
📈RED PLAN 🔴Buy : 117-123$. SL if B
📉BLUE PLAN 🔴Sell : 156-164$. SL if A
🔴Sell : 235-245$. SL if A
🟣PURPLE PLAN 🔵Buy : 97.5-102.5$. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
ZCash is a Proof-of-Work (PoW) cryptocurrency designed to address some of the inherent flaws of Bitcoin e.g., lack of fungibility. Zcash has relied on a set of zero-knowledge proofs called zk-SNARKs to improve anonymity and thus fungibility.
In the Zcash network, addresses are either private ("z-addresses") or transparent/public ("t-addresses"). These two address types are interoperable.
According to the team, some of its key features include low-fee transactions, encrypted memos (allows the sender to include relevant information to the receiver), payment disclosure (allows disclose transaction-specific details to third parties), multi-sig transactions, and transaction expiration (transaction expire after a specific number of blocks if not mined).
Initially built on the Zerocash protocol, it has relied on Sapling since late 2018, part of its continuous improvement strategy. Sapling has led to efficiency improvements for shielded transactions (lower memory requirements), decoupled spend authority (i.e., hardware for zero-knowledge proof is independent from hardware to sign transactions), and an improved key system (allowing shielded addresses the ability to view incoming and outgoing transaction details without revealing private keys).