Zcash
Zec/USDT - 1DayZcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.
Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous; while they do not explicitly reveal the identities of their users, each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics.
Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.
Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase. (CMC)
Zcash/USD Buy! Short To Medium-Term Trade OptionI've purchased $ZEC with the intent to sell at these 2 levels. When/if I get my capital invested back I'll keep the remaining Zcash on my ledger for long-term prosperity.
IMO, Coinbase aren't listing assets that are stinky... If you have an opinion that counters the one that I have made I am open to constructive criticism.
Trade safe and make bank x
🔥Global trending Zcash ZEC/USDSupport the idea with like!❤️
#ZEC/USD
📌Global trending ZEC
🔹Analysis: The price has reached the global trend line, in my opinion this is a good point for a long, please note that the asset is moving in an expanding channel. I do not give exact points for entry-exit. Resistance lines - possible sell / correction, you can fix part of the position. All goals are shown on the chart. This is just my opinion, it may not coincide with yours.
ZEC MONSTER IHS Absolutely beautiful inverse head and shoulder bottom. Measured move lines up with .618 fib on Gemini exchange around $221
I myself think privacy coins could go much much higher eventually when the whole BTC and DEFI craze euphoria cools down. No one is talking about privacy coins i wonder why. Are the whales trying to keep it hush hush while they accumulate?
ZCash (ZEC/USD) Potential Launch to 40% GainsZCash has been consolidating and it's looking now like it may launch very soon. All eyes are on 'Big Daddy' BTC right now. If the bulls continue to prevail and BTC enters the (v) Elliott Wave buying climax, ZCash should follow. So keep an eye on this set-up for some potential quick profits. 40% is solid, though it very well may go higher. Safe trading and good luck to all!
This is not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
How market makers shake you out - ZECDear traders,
This is an educational tutorial showing you how market makers shake you out of a long position.
Most retail traders would recognize the blue box on the chart as a level of support. Therefore, it makes sense for retail traders to place their stop loss closely below, because in theory the bullish trend should turn bearish when support is broken to the downside.
Market makers know how retail traders think and therefore push the price lower with a wick (as visible on the chart). This wick, which dips below support, causes many stop losses to trigger of retail traders.
When a retail trader's stop loss triggers (of a long position), it turn into a market sell order as many of you might know.
Now.. all these triggered market sell orders create huge buying liquidity for market makers to stack up cheap, without increasing the price instantly, because there is enough buying liquidity (provided by stop losses of retail traders).
Be careful where you put your stop loss. You do not want to give up a great entries in a bull market!
Goodluck,
Doctor Hugo
ZECUSDT (ZCASH) - UPTREND CONTINUATION ANALYSIS 🔎
- ZECUSDT hit swing high.
- The market then retraced for a retest of the flip horizontal support (S1) and fibonacci retracement levels.
- A bullish pin bar (hammer) was formed at the retest area.
- Price action is printing a pennant chart pattern.
- A pennant chart pattern is a trend continuation pattern. In this case, a bullish continuation pattern.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Breakout above the pennant's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant's inclined support.
💡 Don't miss the great buy opportunity in Zcash/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00275). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Zcash/Bitcoin ZECBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.00430
TP2= @ 0.00490
TP3= @ 0.00560
TP4= @ 0.00660
TP5= @ 0.00750
TP6= @ 0.00870
SL= Break below S2
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💡 Don't miss the great buy opportunity in Zcash/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00275). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Zcash/Bitcoin ZECBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.00430
TP2= @ 0.00490
TP3= @ 0.00560
TP4= @ 0.00660
TP5= @ 0.00750
TP6= @ 0.00870
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️