Zcash
LONG ZECBTCGood RR if you have size enough for scalping without it being a waste of time. Looks like the dominance is finally being let go by the powers that shouldnt be in crypto. Remember I called this almost an entire month ago which means that whoever did this prolonged the bear market by almost an entire month... If these forces were not at work we would be well in a ALTSEASON by now. Again Market makers can do one of two things. They can exacerbate existing market conditions or prolong the inevitable. This one was the latter.
God Speed Gents,
Mr. Manbearpig
ZEC/USD BUY SIGNALThis is a short term buy opportunity, which actually could be a perfect long term entry. Soon we'll find out.
But this potential impulse could take us to $60 area.
Bounce TimeLooks really good to me. Really wish that this damn dominance would collapse already.
Mr. Manbearpig
ZEC - update for early 2020$24.65 Polo bottom in 2017.
$24.78 recent bottom in 2019.
Almost 3 year double bottom?
Wait for monthly chart to turn green before busting out the champs.
ZEC/USD could repeat Ontology RallyI've just compared chart of ZEC/USD and ONT/USD. We know that ONT has recently had a nice run up and prior to it, there was a decline.
This decline is like a copy paste on ZEC/USD.
If this patter will repeat, very soon we'll see zCash trading at $60
ZEC/BTC BUY SIGNALHere we go, trend seems to be getting more and more bullish. I'd expect the rally to start some time this week.
ZCash Major ResistanceIt seems that ZCash will be accumilating for some time before revealing the next move.
For now, I'd expect it to reach the major resistance at $35.3. Then consolidation will either start or we'll see a break above, stimilating buyers to enter long positions.
On the other hand rejection of this level would lead to either another accumulation phase or could even push price lower, towards $30 area.
ZCASH/BTC - H4Hi, today we are going to talk about ZCASH
We observe a h4, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
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ZCASH key supportI am watching this upport very closely. Considering I am all in Zcash, will exit if there will be a confirmed break below.
ZCASH at the supportI am watching the Gann Fan trendline for either rejection or breakout. Currently the 15m, 1h and 3h candles all closed above it, which could be the end of the downtrend.
Lets see how it turns out.
ZEC buy confimrationHere is what I see as a strong buy confirmation on ZEC which would potentially confirm the bull run.
ZCASH x200One of the core features that missing in BTC is privacy. Zcash might be able to fix this issue and reach mass adoption, and if succeed, price will skyrocket.
Zcash could be in demand on all decentralized exchanges to hide "buying and selling power". Actually there are too many use-cases for it and I think that privacy coins will be in great demand in coming months, years.
Recently, Zcash got delisted from few exchanges due to the ban on privacy coins. Although we should not read the actual news, but think as to why such news are given to us )))
It seems like big boys are trying retail traders to sell ZCASH at a bargain price, and once that is achieved... well you know what will happen.
I've looked at all top altcoins and hardly find any sell signals if any. Most are giving a strong buy, and through out this week it has only increased.
This leads me to conclusion that altseason has just begun!
Obviously I might be wrong and we yet to see how far, if at all, price will rise.
However, in the long term, my choice is "privacy" and I go with Zcash. (Not monero or dash for certain reasons, although they could be top gainers in coming years as well)
ZCASH $250 - $1000 - $6000Here are some key levels I am watching in the long run. Pehaps would be of use to you too )
Good luck
ZECBTC short term price forecastAs long as price stays above the key support, ZEC will continue to gain agains the BTC
