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Zcash

Zcash: Is volume telling us a story?On OBV: "Granville theorized that volume precedes price. OBV rises when volume on up days outpaces volume on down days. OBV falls when volume on down days is stronger. A rising OBV reflects positive volume pressure that can lead to higher prices. Conversely, falling OBV reflects negative volume pressure that can foreshadow lower prices. Granville noted in his research that OBV would often move before price. Expect prices to move higher if OBV is rising while prices are either flat or moving down. Expect prices to move lower if OBV is falling while prices are either flat or moving up." On cumulative Delta Volume : " In order to understand what this indicator does, first understand what a “delta” is. Simply put, a delta is the difference between buy and sell volumes within a period/candle. The delta can be positive (buy volume is greater than sell volume), negative (buy volume is less than sell volume), or zero (buy volume is equal to sell volume).The Cumulative Volume Delta (CVD) indicator is based on these deltas. It starts from a user specified origin bar and successively cumulate the deltas. If the CVD line is negative sloping that means more sellers are in action as the demand of the asset wanes. This is usually a sell signal and a trader should search for selling signals. Conversely, if the CVD line is positive sloping, it means that there is more demand for the asset." Concerning Volume at Price (or market profile): "If the concentration of volume is at the bottom, then this is more likely to be buying volume rather than selling volume. Conversely, if the concentration of volume took place at the top of the bar rather than the bottom, then this is more likely to be selling volume. Volume at price reveals the the concentration of buying and selling at various price levels, which in turn gives us an alternative perspective, not only in terms of momentum, but also in terms of support and resistance. What can we deduce from this analysis? First we can see immediately which of these areas are likely to be significant in the future in terms of resistance and support. "The preparation of an important move in the market takes considerable time. A large operator or investor acting singly cannot often, in a single day's session, buy 25,000 to 100,000 shares of stock without pushing the price up too much. Instead, he takes days, weeks or month in which to accumulate his line" - Richard Wyckoff The current Zcash narrative is "the coin that never pumps". But with a very large POC/Value area at historically low price levels, OBV / CVD / volume on the rise-- I believe some large players have been accumulating very slowly and will soon start the mark up phase. Can it test lows again? Sure. If you want to be safe, wait for the breakout above massive VAP platform it's made ($112 would be considered a breakout). I think this coin has a potential to 5x at a minimum. 1 zec=7 btc
KRAKEN:ZECUSDLong
by westiron54
4
ZECUSDT - Symmetrical triangle Analysis 🔎: ZENUSDT is consolidating in a symmetrical triangle pattern. Breakout is imminent. Bullish ⬆️: breakout above the symmetrical triangle's inclined resistance. Bearish ⬇️: breakdown below the symmetrical triangle's inclined support. Possible breakout price actions are indicated by the arrows on the chart. Targets 🎯: Bullish ⬆️ - horizontal resistance levels (R1, R2). Bearish ⬇️ - horizontal support levels (S1, S2), fibonacci extension levels.
by Chibuike_Odoh
Z cash, possible downtrend incoming.I have noticed a correlation between the movement of price and the ichimoku cloud with Zcash imparticular, the hourly shows a clear downtrend in the near future. I notify you of bullish moves in the market so I think its only fairthat I notify you of bear markets, I don't think this is a permanent bear trend, but it may be a critical stop point you may want to consider if you are not wanting to sit through a dip Buy low, sell high is the game friends.
by EchoPhoenix
tip: who care about privacy!! analysis of Zcash ...( ZECUSDT)What Is a 🌟Zcash 🌟? Most blockchain projects in the world have similar ideas and applications, but there are a few that stand out with a number of unique features, one of which is Zcash. Zcash is a decentralized peer-to-peer payment network and a cryptocurrency with the acronym ZEC. This cryptocurrency is a fork from Bitcoin and its number of units, like Bitcoin, is limited to 21 million units. In fact, bitcoin codes have been used to make Zcash. Zcash, like Bitcoin, has its own blockchain and is based on mining. A feature that sets it apart from Bitcoin and many other currencies is the ability to conduct private transactions. Unlike bitcoin, which has transparent transactions, smart users can enjoy complete privacy in transactions. In Bitcoin, you can track a transaction and view assets at an address, but according to the Zcash development team, it is possible to hide everything on the Zcash network. F or people who do not want their transaction details to be disclosed, Zcash can be a good option. ----------------------------------------------------------------------------------------------------------------------------- ❇️Quick Technical analysis Zcash registered positive gains across a turbulent broader market.As you can see in the chart, the cup and handle pattern is formed, which promises growth in the not too distant future and completes the movement of the pattern. in the 4-hour chart showed that ZEC has been on an uptrend since the beginning of the month, posting solid gains during this period. In fact, ZEC’s weekly gains of over 67% were the highest among most cryptocurrencies. For now, the market’s bulls have a strong grip over the crypto’s price, with the latter showing no signs of slowing down in the near term. The Relative Strength Index was moving north towards the overbought zone, a sign that the price could surge even higher before an eventual correction. The Parabolic SAR’s dotted markers were below the candlesticks, confirming the bullish nature of the price. ------------------------------------------------------------------------------------------------------------------------------ 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades.
Long
by PRO_SMART_Trader
ZEC 12h "Feast at a time of plague" Growth and delistingThe previous ZECUSDT idea clearly worked out towards the target of $50. However, the clouds over the coin never cease to gather, because on 1 January 2021, Bittrex claimed that it will remove the anonymous coins Monero (XMR), ZCash and Dash on Friday, 15 January at 23:00 UTC. Then the value of all coins sharply fell, but ZECUSD did not update the low , it was the first bell that there might be growth. The same thing happened the other day in the DASHUSDT pair. The day before the growth start, we warned with the idea that you can quickly earn +60%, whoever wanted and believed - became richer in a matter of days) It looks like ZECUSD is being artificially pushed upwards to sell it expensively before delisting. The upper target of this growth is $125, it is better to say goodbye to the ZEC before this level and look around. Will delisting of anonymous coins be Bittrex's sole campaign or other exchanges will support the negative. A break above $125 will quickly push the price up to $150, but a correction to the range of $80 is more likely. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
5
ZEC IN Tran$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.
GEMINI:ZECUSDLong
by MitchMilli
Offshore to the top floor - ZECDear traders, Intro: My name is Hugo, I am 24 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only. Analysis: Zcash's volume profile (VPVR) is at the bottom, which might indicate more buying volume than selling volume. Beautiful patterns recurring as pointed out on the chart and fundamentals are, in my opinion, really good. Big players (Grayscale & Gemini) do not seem to care about Bittrex delisting the coin (Tweets of Barry Silbert and Tyler Winklevoss, respectively). Been accumulating this coin for a long time now... Hope it will take off. This is my short-term target, for long-term targets check out Path's chart ;). Conclusion: Up only, buy. Goodluck, Doctor Hugo
Long
by Doctorhugo3
3
ZEC BTC Relative Value - LTCBTC/ZECBTC shows ZEC on the Move Sometimes to get another view of a token I charted against another token that closely tracked Bitcoin. In this case I'm charting zcash against Litecoin: LTCBTC / ZECBTC on The Daily chart. We can see Litecoin rise in relative value against zcash as it follows along with Bitcoin as Bitcoin pumps. The rise is fairly gradual as litecoin gains in value and zcash drops in relative value. Then, the events of the last two days. We see a sharp drop off as the value of Litecoin against zcash precipitously drops, indicating much more than just the usual swings in relative value that you see when price ranges along a trend. The sharp dump indicates a break in the dynamics that have kept these coins associated together for so long. Zcash is no longer attached to Bitcoins relative value and Litecoin's the way it was before, and it's now looking for a completely new place to go. My fervent hope and prayer is that the Dynamics of zcash Bitcoin and Litecoin continue to remain found in such a way that will some serious accumulation of both ZEC and LTC for the next few months, trading into Bitcoin when opportunities also present themselves to ultimately increase my Holdings of zcash and Litecoin. What would be really awesome is if bitcoin and Litecoin just kind ranged here for a little while, while zcash exploded, allowing me to buy Litecoin on the cheap before the next big BTC pump, when it's time for another refersal. Money both ways, I say!
Long
by lonestar108