ZEC The level $84 will decide the mediumterm price movement fateIf we analyze the previous idea , we see that after the level $66 did not let the price move up, a fall began.
But the ZEC value did not reach the desired target of $43.
For the third time, someone was actively buying a coin at $50-51.
As a result: a smooth growth to the level $66, and after the halving on 17 November, the growth greatly accelerated, reaching $90.
Also, the price entered the sales zone, which was mentioned in the previous idea.
If the ZEC price fixes above $84 , we can consider long at least at $100 and globally - $150.
The fall scenario from the current price to the first logical target from below will be to $50-51 , where the stubborn buyer was sitting).
And then it already depends on what you believe in. Will Bitcoin and altcoins grow or fall anytime soon?
Zcash
LONG ZEC BULLISH DIVERGENCEIf you have been following me you will have seen I love trading divergences. I have spotted an exaggerated bullish divergence on the 4h ZECUSDT pair. This divergence is also present in lower time frames.
There is also a double bottom and we might see a decent pump on this pair.
I take profits along the way but the ultimate target is the previous local top.
This is not investment advice. Please manage your risk and don't put more than you are willing to lose.
ZEC to test $50 support before deciding the move upZcash has had a great year with tech roadmap items being completed on time and its first halving. The privacy oriented community is growing and with it, the accumulators eating up the supply as the mining difficulty breaks ATHs.
ZEC is still tied to the overall crypto market & BTC's pice movements, but it will not spend much time being discounted at/below $50.
💡 Don't miss the great buy opportunity in Zcash/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (66.27). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Zcash/TetherUS ZECUSDT 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 65.
Take Profits:
TP1= @ 75.55
TP2= @ 81.00
TP3= @ 90.00
TP4= @ 94.00
TP5= @ 102.15
SL= Break below S2
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💡 Don't miss the great buy opportunity in Zcash/TetherUSTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (66.27). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Zcash/TetherUS ZECUSDT 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 65.
Take Profits:
TP1= @ 75.55
TP2= @ 81.00
TP3= @ 90.00
TP4= @ 94.00
TP5= @ 102.15
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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ZEC- King of anon coins (Multi-time frame analysis)By far, the most sophisticated anon and privacy-focused coin in the crypto world with its zk-SNARKs (zero-knowledge proof cryptography). Vitalik and Snowden vouch for Zcash and Zooko is behind it and there is a dedicated group of experienced cryptographers and engineers working on it. Yes, sometimes, you have to sacrifice a little bit of decentralized feature in exchange for centralized efficiency.
Now that the controversial founder's reward is gone and the high inflation rate is cut in half after the November's halving, I expect ZEC fundamental to be strengthened which will in turn attract more investors.
Dash (check my Dash posts below) may have more daily active addresses and transaction per day than ZEC, but ZEC has the highest daily transaction volume among the big three anon/privacy-focused coins (ZEC, XMR, DASH).
Weekly chart has just turned bullish as shown by most technical indicators. ZEC seems like it's ready for the breakout as it's extremely undervalued.
Time to accumulate ZEC and place the stoploss below $50.
Just my opinion. Not the investment advice.
💡 Don't miss the great buy opportunity in Zcash/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00395). 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 53.
Take Profits:
TP1= @ 0.004160
TP2= @ 0.004320
TP3= @ 0.004500
TP4= @ 0.004680
TP5= @ 0.005000
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 (0.00395). 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 53.
Take Profits:
TP1= @ 0.004160
TP2= @ 0.004320
TP3= @ 0.004500
TP4= @ 0.004680
TP5= @ 0.005000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
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ForecastCity English Support Team ❤️
ZEC Falling Wedge Breakout Soon To Be Decided Big falling wedge pattern in ZEC/USD.
$70 is key support level. Price briefly tested this area recently. Would make a great base for a huge leg up. In order to confirm breakout of the falling wedge we will need a candle body close above the light grey diagonal resistance line. Look for a retest upon break out but sentiment could switch to bulls quickly.
Also we might have a golden cross on the daily candle, after xrp daily candle had a golden cross the following day saw a 50% pump .
Interestingly, a 50% pump would take ZEC to the majorly anticipated resistance around $110.
Most intraday timeframes are in overbought territory in Stoch RSI .
What will ZEC do? (prob 100x in a year like BTC did after its first halving)
Not investment advice.
ZCASH (ZEC) Bottomed Outlet's take a look at this amazing setup #zec
zec price now at bottom
price is bouncing off the support with great volume 14% up from the bottom zone
if we have very good weekly close and price make the really good bounce than we will definitely buy the retest of this coin
if you want to buy than buy under 0.004 satoshi and hold
ZCash in Strong Impulse.I lost the count of the number of fractal patterns at play here now. But they are real, because I have confirmed an impulse. Immediate Fib Targets are 70.6, 71.52, 72.79. Invalidation is of course in red, as usual. Don't forget, none of this, and any of my posts, is ever financial advice. It is important that you educate yourselves, and make your own financial decisions.
ZCASH WEEKLY AND DAILY REVIEW.Price is at a a key level and considering the hype and positive reviews, we all know Zcash will definitely increase in price.
From a technical analysis point of view, the first price target will be the top of the ascending channel with a possible continuation to the previous supply zone after which we might see price slowly dwindle down to form new lower lows.
The overall current momentum is bullish at the moment and we only look for buys in the next couple of weeks.
Leave a like ,folow and comment on a pair youdlike to see me review next. Stay Winning.