Long

ZEC off-leash

ZEC saw tremendous volume the whole year, lots of interest.

IMO those buyers wont just sit on it, true uptrend will come, aswell the ZEC ETF from Grayscale played a big role into the buying spree.

Here is a shortterm goal i could see, all details in the chart.

trade safe

Note

just a volume profile what happened last time

Note

like we can see from ZECUSDSHORTS on the 24th September at 10:00 someone opened biiig shorts.
Lets dive deeper into...

29,77 USD and lower was his price

ATM we are around 29,90 :)

that guy is big underwater. lets pump up, easy moneyzzz

Note

my AI says ZEC up 2.90% is maximum possible would be around 30.80 USD
hehe

Note

next goal to overcome :) ZEC 32USD easy

Note

29,77 usd is the big shorters sell price on ZEC, we gonna stall here a lot, cause he sure will rebuy. easy entry IMO

Note

ZCASH - A Sleeping Giant or A Ghost Coin?

if u sell ZEC here, its your fault

Note

new find, follow the red line - it's a 3 yeah now 4 white solders pattern, normally it goes up the same lenght the downward trend was, but in a steeper angle ;)

Note

yess, got some buys, spoofing big sell order vanished, but now is split in much more 100s-300s

Note

29,94 usd last barrier :)

lets goo

Note

its gets better all the time, found a Head and Shoulders too - follow red rounding and then the red straight lines :)

31 should be for sure!

Note

oh getting update on ZEC shorter, he is unloading aka buying now

Note

it was the "sell off" to 29.42 which got him lots of relaif but still so many shorts in place :)

Note

ZEC 29.50 to 31 is how many percent?
:shades:

Note

nice, more than 1000 ZEC (i assume spoofing order) got bought at 29.48

lets see how this progresses with more shorters in the place

Note

faak u BTC

Note

sheet sadly again a drop down to 29,22 but we have again another small 3 soldier ;)

follow the green lines

Note

slowly but surely up

Note

progress and shorter deloads aka buys:

Note

3 white soldiers, what a reliable pattern.

btw the seller buy back now. easy moneyyzzz to be made - mabye up to 30,80 or above 31 USD. could be in a very quick buyup....

Note

31.50 - 31.40 was a good layoff on 26.9.

Note

2nd October now at 27 USD - the time to accumulate!!!

watchout for 35 USD next step

Note

lol, shorters never learn, ZEC shorts are now 3 times higher than the event on 26.9. :)

Note

>>ZEC>> another 1,80%

Note

just stole a pic from crypto chat ;)

Note

32,60 nice.

fingers crossed we clear the road up

Note

took a bit of profits here in 36.30 USD

maybe backdrop to around 34

Note

sorry to say that but it looks toppy

ZEC/Btc gives a good view of the situation

Note

good run so far, bought lots of ZEC in the 31,60ies BTC was around 62k

today i liquidated some ZEC.
with USDT the profit would be around 15%
but in the ZEC/Btc Pair i got roughly 19% - so i choose that
and BTC was at 62800, but will keep them

looking forward to a consolidation and correction time

Note

4hr RSI broke down, IMO big drop incoming

Note

oh yeah we dropped 2 USD to 34.30 - very good catch from 36.30 to here

REBUYING here cause is a good support line, i think that it could hold and bring us more gains over the next days/weeks.

Note

to visualize it, old Resistance line can become Support now

Note

rebuy in the 34.30-34.40 was gold, today a good volume pump up to 37 again

AND Daily close around 35.30 so above 35 ---- we will rocket

above stolen chart from chat - next possible stop

Note

zecpages.com/tools/halvingcountdown

ZEC halving in 32 days

coinwide

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.