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Vitalik

Zcash towards $1k by the end of this bull cycleSharing probably one of my worst trades during these past 2 years; trading a small portion of my ETH into ZEC. Still planning on holding my position regardless. This should turn around sometime (or maybe it’s just hopium). Even if it does not, the risk/reward ratio is favorable for those willing to risk even more of an inflation effect to their ETH stack. I still think the upward movement will be explosive as soon as the market remembers or acknowledges the intrinsic value in ZEC. The technology is there. The team as well. It only needs a push. Since the COVID March 2020 crash, the ZEC/USD pair has been consistently holding an ascending trend, establishing higher lows. I currently have a target of $1,100 for the end of this cycle at one of the local 3.618 extensions. If market proves to be overly bullish it can go all the way towards the longer macro 3.618 extension at the low $3,000s. A $1,100 target price would definitely rhyme with Bitcoin's rise during the 2013 cycle at which time it also had a similar circulation to what ZEC has today, around 11-13 million. It should be noted that Zcash's minting emission rate is exponentially higher than that of Bitcoin's. Zcash should see its last coin mined by the early 2040s. I'm still betting on privacy being a crucial element in crypto. If its value is not meant to be realized now during this meme cramped cycle, the odds are ever more increasing for it to be reached in the next one. What does Zcash has in favor then? 1) Both Ethereum and Filecoin developers have been working on integrating zk-SNARKS. 2) Vitalik has been a big proponent and admirer of Zcash since its inception. 3) Grayscale Investments has also a Zcash exclusive fund. 4) The utility of Zcash moves across multiple industries and goes beyond blockchain and tech; manufacturing, health, education, etc. It seems like ZEC is in need of a champion. A company like Apple comes to mind. It's either t hat or it will probably keep fading away into a etherless void. While the market chooses memes, even with its share of controversies regarding its launch and founders reward, I choose Zcash long term. It's fundamentally smart and sound. *Currently planning on holding a Zcash position at least until the end of November.
KRAKEN:ZECUSDLong
by SamuelMedina
2
ETH/USDT Ethereum is ready for 5k. Breakout imminent- Ethereum still holds the biggest ecosystem and has running smart contracts for a long time. This headstart led to a big market dominance compared to its competitors like Cardano , Solana, Cosmos, etc. - The main issue is the scalability and therefore the transaction fees which are way to high at this stage. - Ethereum still is the first choice after Bitcoin for big investors and remains attractive. - SEC confirmed that crypto will not be banned and especially Bitcoin and Ethereum will not be banned. - 2 billion worth of Ethereum burned since August. Daily chart: - Price currently breaks the last resistance before we find ourselves back in price discovery. - Volume keeps decreasing and can be considered the calm before the storm when finally new ATH's are printed. - RSI analysis shows that we are in an uptrend and consolidating. Nowhere near the 80 line yet and therefore still much room to grow. - Support lines are at 3950$, 2850$, 1750$ and 1350$. - Resistance is seen within the region 4100-4300$. Afterwards clear sky is ahead. Expectation: - We expect that Ethereum breaks free any moment and 5k$ is reached within the next 4 weeks without any problems. - Once we print new ATH's and price starts moving FOMO begins and we can enjoy the ride. - More and more people get heavily into Bitcoin and start pondering about their next investment. Taking Ethereum as next seems very likely. - End of the year prediction: We will see a 10k$+ Ethereum before the end of 2021. Basic rules: - Never buy the top/ ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Specials: - Boxes represent either entry zone or support zone . Check the description. - Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Long
by tumbler55
HTF LONG - 0.6969 ETHBTC coming at yaCombination of fractal behavior and 3 years of consolidation is about to send Russia to the moon. Let's aim for that top trend line resistance. I know what the drawing says, but 0.6969 or 0.69420 ETHBTC is about where we should end the run. Next major correction... late July after a DeFi summer. Perhaps a sell the news event when EIP1559 comes out? Maybe the market sells on Ethlon Musk buying into $ETH after PoS, expecting him to talk shit about it a week later on Twitter. Can we rule anything out at this point? Following this as my guide until there's a major deviation.
Long
by pobudz
ETH: Huge Downside Potential!Should we break the $1700 support, we're currently looking at huge downside potential towards the previous lows of $1,400-50, which should give around 20% unleveraged. The reason is: We have been testing the bottom support for quite some while now, which you can see perfectly on the 12H chart: This will obv. depend on the correlation to Bitcoin: For that scenario to play out, Bitcoin has to be at least neutral, up to bearish. In the ETH/BTC chart we can see that after some bounce, even here we're grinding at the bottom support and could see huge downside potential, which would propel ETH/USD faster in case of a bear break. Therefore, the candidate to play this bear break is clearly ETH, *IF* it breaks bearish. This has not happened yet. Breakout trading depends on the break actually occurring, otherwise it's invalidated. Check also the last Polkadot analysis: We have been tightening further since the last analysis, and also here a huge break is coming:
COINBASE:ETHUSDShort
by Edgy_
2