Phala NetworkDefi Privacy Project and a good one, it's so new that i couldn't even find Metatags on Tradingview lol.
What's Phala ?
Phala Network is a privacy-preserving protocol for data-protection and blockchain smart contracts. Phala.Network guarantees the reliable execution of smart contracts while keeping the data secret. Confidential contracts run in miner nodes with Trusted Computing capable hardware, which guarantees the secrecy of the contract data.
Trading :
- i don't show indicators but they look very good.
- Buy now ariound 0.3$
- Rebuy 0.29$
- TP1 : 0.46$
- TP2 : 0.57$
invest wisely, don't go all in and follow BTC King Movements!
Happy Tr4Ding !
Privacycoin
Drew some lines inspired by the Bitcoin Rainbow ChartSure, it’s not fancy math, but I was inspired by the well-known BTC rainbow chart. There are similar analyses to the rainbow chart posted here on TradingView. This is my first post so constructive feedback would be appreciated!
Hopefully my sketch is interesting to y’all, fellow XMR hodlrs! To the moon!
ZRX/BTC Ichimoku Cloud - Edge-To-Edge Strategy!The ZRX/BTC ichimoku cloud on the daily timeframe is undergoing an edge-to-edge move.
This strategy involves price moving into the cloud from below, and closing inside of the cloud. Once this happens, the edge-to-edge idea suggests price will make its way through the cloud to the other end for a 'kumo breakout' above the cloud.
Think of the cloud as an area of weak resistance/support. If you threw a rock at a real cloud, the rock would go right through that fluffy thing. Replace 'rock' with 'price' and you get the same idea here.
$ZEC/USDT 3h (Binance Futures) Symmetrical triangle breakoutZcash has broken out of that symmetrical triangle which looks like a bullish pennant.
Current Price= 111.00
Buy Entry= 110.21 - 107.97
Take Profit= 114.58 | 120.69 | 128.97
Stop Loss= 103.60
Risk/Reward= 1:1 | 1:2.11 | 1:3.62
Expected Profit= +10.03% | +21.26% | +36.44%
Possible Loss= -10.03%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 120h
$FIRO #FIRO WEEKLY CHART SAY EVERYTHING! BREAKOUT!!!!!!!!!$FIRO #FIRO WEEKLY CHART SAY EVERYTHING! BREAKOUT!!!!!!!!!
ZEC IN Tran$itLooking strong across multiple timeframes.
Need to break above the overhead resistance to get excited.
Would then need to see $100 range hold as support.
That being said any market could fall drastically in the current world climate.
Its a risky game betting your way to wealth.
Everyone is quick to say if btc falls alts will too.
....
Crypto is going mainstream
Btc is not private.
Monero is very private but non compliant to the controller's demands.
Zcash will be their baby.
Not Financial Advice.
Dash can fall another 36% if it triggers this h&s breakdownprivacy coins being delisted on multiple exchanges could definitely cause this to trigger...could see a small dead cat bounce before that occurs though or possible a fakeout where the h&s pattern just ends up being a bear trap so as always best to wait for confirmation of the breakdown before doing anything here. For the moment probability slightly favors the breakdown though *Not financial advice*
DON'T SLEEP ON XMR/USDT!!! Nice Consolidation period...XMR Chart is beautiful right now. We broke back into the ascending channel that XMR has been trading in for months since breaking out from macro downtrend.
It would be nice / easy to assume it will *stay* in the channel, break through recent resistance and move higher... But I have a feeling that with the uncertainty around BTC right now, we may just as easily see another dip down, weeding out the weak hands and allowing for more consolidation before the next move higher. There's a naiiiiice curve forming that I have a feeling we may stay within during this period.
XMR has the advantage of being one of (the?) oldest privacy coins in the market. Like most USD pairs, it generally trends with BTC, and being a large cap, it takes more volume to really move the price, but as we've seen with everything, there have been some really nice upswings that usually easy to spot.
Guys, I like looking at charts, but I'm really not that successful at trading because i tend to overtrade. XMR is one that I find fairly easy to trade, and has been so faithful to it's high-TF patterns that it makes for a great mid-term hold.
DON'T SLEEP ON XMR!!!
XMR - Monero ready to make new highs?Monero looks interesting here. Crushed multi-year resistance month ago, retested it this month, and currently trying to overcome $150 level to soar to $200+ after.
I'm spot long and waiting for it to gain a foothold above $200 to open a leverage position.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
ZEC Could Be Entering A New Bull Market just now
As the weekly candle closes for Zcash we edge closer to a decision point. Following a major multi year sell off that was briefly interrupted for a few short rallies ZEC has been forced to a point of decision. It just so happens to align with the reduction in supply in terms of block rewards.
Possible "W" bottom formation followed by a higher low on the weekly chart. This could be the point of the market cycle where the overall sentiment turns more bullish and the same demand (which likely continues growing) as before pushes up price due to reduction in supply.
I will allow the chart to guide my opinion in the coming days and weeks.
Interesting times my friends I wish you all peace and happiness.
Not Investment Advice.
Awaiting ZEC Weekly Candle Currently in a big pennant. Macro trend resistance lies around $110. Positive weekly candle could break price from range and begin to head towards the major resistance levels as outlines in previous posts of mine. Negative weekly candle could push price to the bottom of pennant near $50 or lower if that does not hold as support.
Not financial advice.
Like if you appreciate my analysis.
Best wiShes.
PRIVACY COINS SHOWING RECOVERY SIGNALSHello, very quick signal for privacy coins. They seem the sole coin sector shoring some strength right now. The lower channel low boundary was retested successfully.
Specifically, ZEC and ZEN will have halving soon.
DASH apparently bottomed.
I would focus on those.
Indeed, I would leave XMR and XVG for now as the former already pumped due to the news of a mew release on the 17th and the latter already pumped due to the halving that has already occurred
Great Zcash buy opportunity!ZECUSD formed a beautiful Elliot wave from July 5 - Aug 6. The correction that has followed is fitting nicely into Fibonacci retracement lines and it’s easy to see that we are on the C wave of an ABC correction. This has almost hit the 61.8% retracement ($84.39). I fully expect it to turn the corner there and enter another 5 waves up. As always, wait for confirmation. Note that so many other cryptos are bullish right now, whereas ZEC is doing it’s obligatory post-rally ABC dance. ZEC almost always moves with the rest of the crowd (and, when it doesn’t, it mimics whatever Monero is doing). The overall crypto trend, and Monero itself, are bullish right now ( duh ). Thus, we have every reason to believe that ZEC is at the perfect moment to buy. Once it tags that fib line, it should waste no time joining back up with the rest of the herd in the running of the bulls!
XMRBTC longI am long on XMRBTC with 2:1 and 15%, when you wanna know why, just look at the xmrbnb chart on the ame timeframe... and its summertime, if you know what I mean ;-)
PRIVACY COINS - THE LAST ONES TO JOIN THE ALT PARTYHello, as you probably noticed, pricacy coins were (with XVG exception) were left alone in a corner while all other alts were having fun lately.
This sector can be the last one to benefit from a stationary situation with BTC. This is a new index you can find on FTX and it is a good idea to buy it if you wanna profit from the general sector while not having a view on single privacy coins.. I use it only as an indication of the next trend though, as I have a couple of pick I want to buy singularly. I will tell them in the next idea.
Entry In case of a good breakout of the resistence on the chart. RSI is still acceptable and grants room for the 30%ish growth I signalled on the chart.
Horizen / ZenCash - Cup & Handle Formation on Bitcoin pairZEN is going to complete a fantastic "Cup & Handle" pattern on its pair with Bitcoin.
Fundamentals
Horizen (ZEN) Is an inclusive ecosystem built on its massively scalable blockchain platform where everyone is empowered and rewarded for their contributions.
Horizen is a blockchain technology platform that empowers users to transact and communicate securely.
The ecosystem uses advanced cryptography (zk-SNARKs) to provide users with optional privacy features.
It has strong parnership with Engeneering Universities and has Big Global Consultant Companies Partnerships
Halving is Upcoming at block number 840000 to deflate currency approx since next December
Web Reference
www.horizen.global
XMR - More upside coming?One of the few crypto projects I like and I think doesn't look bad on HTF.
XMRUSD pair laying on the support trying to move higher - XMRBTC pair formed some sort of rounded bottom on monthly (I'd prefer to long this pair if to choose out of 2).
But before trade this, I'd like to see that it will be able to reclaim resistance (red area) first.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Horizen - Identity is a highly valued commodityPrivacy coins continue to be important in cryptocurrency markets.
While most cryptocurrency transactions are traceable on the blockchain, privacy coins utilize a range of protocols to obscure the addresses of transacting parties. Some privacy cryptocurrencies are private by default. Others offer identity-preserving features as an option.
Horizen is a technology platform with optional privacy features that aims to enable an application-rich and inclusive ecosystem to provide people with freedom and everyday usability.
Like other privacy coins, its privacy features are optional, offering both T-Addresses (transparent) and Z-Addresses (private). Z-Addresses utilize zero-knowledge cryptography to allow users to obfuscate transaction amounts and sender and receiver addresses.
BREAKOUT INDICATOR SHOWING STRENGTH FORMING ON HORIZEN
XMRBTC Monero is what they try to hide from you.Privacy coins might be a good bet for upcoming months or even years. Among the top few, $XMR Monero chart catches my attention the most. Nice looking indicators (yeah, I love pain). One of the most promissing monthly charts right now from my view. Worth a look.
Salient indication and evidence for a massive rally: XMR/MoneroBINANCE:XMRBTC
Finding chart patterns in the QRsi candles and combining those signals with Heffae Clouds trading rules results in a highly successful trading strategy. See my prior published ideas for examples of these patterns in use.
You can see prior HnS / IHnS formations on XMR/BTC playing out on the QRsi candles, with one epic failure to rally after the clear reversal signal.
In that failure instance, the price was below daily cloud resistance which made the rejection very harsh taking out that volume node. This breakdown becomes the target for current position.
Unlike the prior IHnS patterns, the current reversal pattern is much larger in scale. Stretching to over 160+ days from shoulder to shoulder, the chart seems to represent the possibility for a larger and longer impulsive move to the upside for this asset.
The current daily candle is at horizontal and trend QRsi resistance, but it is also making an attempt to close above the Daily Cloud, which would be the 2nd cloud rule confirmation of an imminent long-trending reversal.
Consolidation following such reversal signals can take some time, with impulsive moves to the downside expected while big players push index around in order to grab liquidity and fill bags for the coming move.
XMR/USD is a safe bet, but in my case I am blending 3parts BTC pair to 1 part USD pair in order to have a position proportional to R/R estimates, and the USD pair shows less likelihood of a straight-shot move up where I can spend the least amount of time in a position to target.
I will try and keep this updated, feel free to post or message me with any questions.
DCR/BTC - All Technicals Point to Upward MovementThe KC was perforated by a violent move, the old resistance of the downward channel seems to have become support.
Given that the new Privacy features have just been released and given the increase presence on social media etc., I would advise all to keep an eye on this one.