Zcash / BTC
Updated
The date was 10/15/2019, I posted one of my first analyses to this account called " found a downwards channel in ZEC " (linked down below)
all the chart had was a channel placed with 3 indicators: the TD seq, Ichimoku & EMA ribbon
with a bio of " this channel needs to break or there will be no ZEC bull run " that's it... haha... ok
As time passed the channel held perfectly, I never moved it till this day.
*FYI*
The orange and green lines are the fib lines
Green lines: .618 (middle) & .5 (middle)
Orange lines: 1 (top) & 0 (bottom)
Need proof? I got you
3 beautiful tests on each of the tops & bottoms of the channel also there are many confirmations for the middle of the channel.
If we zoom in and look at the last two channel touches and compare it to BTC, we can see further proof of resistance existence
The first touch was exactly when BTC dropped but the second touch lagged a week (bull trap) but still it touched the channel right when it was dying.
I'm sure that puts more weight on the channel with more evidence then just candle touches.
After the correction we broke out with a hit of the ichimoku to end it all and a top at 48k BTC resistance.
While everything's playing out ZEC falls and perfectly touches top of the channel & forms a multi week bottom while confirming the channel as a bottom with the help of the TD seq.
Potential ichimoku cloud break this week!! first one in its history!!!!
Now that we agree that the channel works, lets look at the ZEC longs
The white lines represent the severity of the first channel touch, with the biggest drop in longs I've ever seen. that fall killed off 80% of people and it didn't bother recovering.
First Jump: 203 days
- From (Dec/10/2018) to (Jul/1/2019) longs shot up from 6.3k to 64.5k
USD BTC
ZEC was @ $50 & toped @ $100 - (+2x) ZEC toped @ 0.017 & ended @ 0.0093 (-1.8x)
BTC was @ 3.5k & toped @ 112K - (+3.5x)
Consolidation: 378 days
- For the next year (1/Jul/2019 - 13/Jul/2020) longs stay consolidating between 46.5k to 65k
USD BTC
ZEC starts @ $100 & end @ $60 - (-1x ish) ZEC starts @ 0.0093 & toped @ 0.0063 - (-1.5x)
BTC starts @ 112K & ends @ 9.5k - (-0.8x)
Last Jump: 287 days
- Longs shot up (Jul/20/2020 - May/3/2021)
USD BTC
ZEC was @ $60 & toped @ $300 - (+5x) ZEC starts @ 0.0066 falls to 0.0015 then ends @ 0.006 - (almost equal)
BTC was @ 9.5k & toped @
65K - (+7x)
Death: 360 days + ? (May/17/2021 to ---)
- This is the day BTC had the hardest and fastest fall in history. After a full 875 days of longs going straight up everyone lost hope and left it consolidating for about 360+ days, no longs in sight.
As you can see every person longing ZEC/BTC died from the begging of 2018 till now, you notice the USD value made some sort of profit but if you ask me.... no ser you cant be an alt and not do min 10x threw a 4 year long bear+bull market. No but for real, BTC went from 3k to 65k in that time span.... what did Zcash do? with a top @
1K and a floor @ $20 we are still at $100 with every alt at least hit there ATH..... come on now...
just look at the mining difficulty and tell me that's not a great indicator, miners are hard at work and they have been.
ibb.co/4TBnbj3
the date was Jul/19/2021
I posted a chart called "this chart predicted the TM cap top" (linked down bellow)
this is the second post noticing it, in it I said "once this channel breaks.... obviously to the upside (if ever) this might lead to the biggest alt market ever seen."
that was back then and now is now.... I'm not saying its not possible but with rate hikes and the Nasdaq falling hard with the DXY mooning, it doesn't fell too well but hold strong. Charts speak for them selves.
look I'm not gonna lie, I truly believe BTC will jump to 40k and top out then the US will keep dumping on us to lower rates and more hell will be brought onto us till 18k gets touched. that's if and only if we keep following the US, with China potentially giving out $5.8 T stimulus.... I think we might see another 2020 but with the Asians instead of Americans but at some point pain will come so take care people.
With the US & EU noticing crypto, placing laws and regulating like they give a shit I can see the need for privacy coins at this exact moment.... I can proudly say this channel is real and it did break also I can fully understand why were breaking out of this channel with all the harsh rules and taxes.
To me the biggest news is when they have there stable coin on the market. I believe that will officially stamp crypto as a "real" asset to the normies
This is the perfect moment!! Bitcoin is at 30k and ZEC???? who the hell is looking at anything other then BTC after the shit show LUNA caused.
You can call this bearish but I disagree. Zcash has the momentum against BTC and has full privacy. Once the US comes in with there coin I can promise you fed eyes will be all over the blockchain and all the fools scared of the government? (I'm not (: idk why you would be) well they will be running to privacy coins for sure.
ZEC isn't the only privacy coin looking to moon XMR about to pop!
with a perfect break of the channel and a retest of top 1
im just more bullish on ZEC
good luck guys be safe!!!
all the chart had was a channel placed with 3 indicators: the TD seq, Ichimoku & EMA ribbon
with a bio of " this channel needs to break or there will be no ZEC bull run " that's it... haha... ok
As time passed the channel held perfectly, I never moved it till this day.
*FYI*
The orange and green lines are the fib lines
Green lines: .618 (middle) & .5 (middle)
Orange lines: 1 (top) & 0 (bottom)
Need proof? I got you
3 beautiful tests on each of the tops & bottoms of the channel also there are many confirmations for the middle of the channel.
If we zoom in and look at the last two channel touches and compare it to BTC, we can see further proof of resistance existence
The first touch was exactly when BTC dropped but the second touch lagged a week (bull trap) but still it touched the channel right when it was dying.
I'm sure that puts more weight on the channel with more evidence then just candle touches.
After the correction we broke out with a hit of the ichimoku to end it all and a top at 48k BTC resistance.
While everything's playing out ZEC falls and perfectly touches top of the channel & forms a multi week bottom while confirming the channel as a bottom with the help of the TD seq.
Potential ichimoku cloud break this week!! first one in its history!!!!
Now that we agree that the channel works, lets look at the ZEC longs
The white lines represent the severity of the first channel touch, with the biggest drop in longs I've ever seen. that fall killed off 80% of people and it didn't bother recovering.
First Jump: 203 days
- From (Dec/10/2018) to (Jul/1/2019) longs shot up from 6.3k to 64.5k
USD BTC
ZEC was @ $50 & toped @ $100 - (+2x) ZEC toped @ 0.017 & ended @ 0.0093 (-1.8x)
BTC was @ 3.5k & toped @ 112K - (+3.5x)
Consolidation: 378 days
- For the next year (1/Jul/2019 - 13/Jul/2020) longs stay consolidating between 46.5k to 65k
USD BTC
ZEC starts @ $100 & end @ $60 - (-1x ish) ZEC starts @ 0.0093 & toped @ 0.0063 - (-1.5x)
BTC starts @ 112K & ends @ 9.5k - (-0.8x)
Last Jump: 287 days
- Longs shot up (Jul/20/2020 - May/3/2021)
USD BTC
ZEC was @ $60 & toped @ $300 - (+5x) ZEC starts @ 0.0066 falls to 0.0015 then ends @ 0.006 - (almost equal)
BTC was @ 9.5k & toped @
65K - (+7x)Death: 360 days + ? (May/17/2021 to ---)
- This is the day BTC had the hardest and fastest fall in history. After a full 875 days of longs going straight up everyone lost hope and left it consolidating for about 360+ days, no longs in sight.
As you can see every person longing ZEC/BTC died from the begging of 2018 till now, you notice the USD value made some sort of profit but if you ask me.... no ser you cant be an alt and not do min 10x threw a 4 year long bear+bull market. No but for real, BTC went from 3k to 65k in that time span.... what did Zcash do? with a top @
1K and a floor @ $20 we are still at $100 with every alt at least hit there ATH..... come on now...just look at the mining difficulty and tell me that's not a great indicator, miners are hard at work and they have been.
ibb.co/4TBnbj3
the date was Jul/19/2021
I posted a chart called "this chart predicted the TM cap top" (linked down bellow)
this is the second post noticing it, in it I said "once this channel breaks.... obviously to the upside (if ever) this might lead to the biggest alt market ever seen."
that was back then and now is now.... I'm not saying its not possible but with rate hikes and the Nasdaq falling hard with the DXY mooning, it doesn't fell too well but hold strong. Charts speak for them selves.
look I'm not gonna lie, I truly believe BTC will jump to 40k and top out then the US will keep dumping on us to lower rates and more hell will be brought onto us till 18k gets touched. that's if and only if we keep following the US, with China potentially giving out $5.8 T stimulus.... I think we might see another 2020 but with the Asians instead of Americans but at some point pain will come so take care people.
With the US & EU noticing crypto, placing laws and regulating like they give a shit I can see the need for privacy coins at this exact moment.... I can proudly say this channel is real and it did break also I can fully understand why were breaking out of this channel with all the harsh rules and taxes.
To me the biggest news is when they have there stable coin on the market. I believe that will officially stamp crypto as a "real" asset to the normies
This is the perfect moment!! Bitcoin is at 30k and ZEC???? who the hell is looking at anything other then BTC after the shit show LUNA caused.
You can call this bearish but I disagree. Zcash has the momentum against BTC and has full privacy. Once the US comes in with there coin I can promise you fed eyes will be all over the blockchain and all the fools scared of the government? (I'm not (: idk why you would be) well they will be running to privacy coins for sure.
ZEC isn't the only privacy coin looking to moon XMR about to pop!
with a perfect break of the channel and a retest of top 1
im just more bullish on ZEC
good luck guys be safe!!!
Note
-- Edit --:First Jump: 203 days
- From (Dec/10/2018) to (Jul/1/2019) longs shot up from 6.3k to 64.5k
--USD
ZEC was @ $50 & toped @ $100 (+2x)
--BTC
ZEC toped @ 0.017 & ended @ 0.0093 (-1.8x)
BTC was @ 3.5k & toped @ 112K (+3.5x)
Consolidation: 378 days
- For the next year (1/Jul/2019 - 13/Jul/2020) longs stay consolidating between 46.5k to 65k
--USD
ZEC starts @ $100 & end @ $60 (-1x ish )
--BTC
ZEC starts @ 0.0093 & toped @ 0.0063 (-1.5x)
BTC starts @ 112K & ends @ 9.5k (-0.8x)
Last Jump: 287 days
- Longs shot up (Jul/20/2020 - May/3/2021)
--USD
ZEC was @ $60 & toped @ $300 (+5x)
--BTC
ZEC starts @ 0.0066 falls to 0.0015 then ends @ 0.006 (almost equal)
BTC was @ 9.5k & toped @
65K (+7x)Death: 360 days + ? (May/17/2021 to ---)
- This is the day BTC had the hardest and fastest fall in history. After a full 875 days of longs going straight up everyone lost hope and left it consolidating for about 360+ days, no longs in sight.
Trade active
fyi.... I'm leveraged and ready (well I've been leveraged for a minute)
This trade is still active. When I first posted this chart in 2018 I said there will be the biggest alt rally in history and I'm still sticking to it.
Note
We did break the channel and with BTC dropping to 20k the ZEC/BTC chart held so good.... most of the alts did.Please be safe. I'm not endorsing leverage I'm just noting it here because this is my first one in over a year.
spot is best!
be safe, good luck
stay zen
JackS
Note
2 possible trends on the 1 week (green line is my long)
Trade active
breaking this channel on the USD side would be big.
Breaking the first and second green lines @ .0038 & .0044 would be a start
Note
this USD channel is hell sent
Note
yes im still in (;braking these blue lines will be killer! be patient
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