Zcash
Zcash: #1 Privacy CoinWave 1 completed. Wave 2 cannot drop below $45 or chart is invalidated. Wave 3 targets below.
T1: $175
T2: $250
T3: $350
*In case this is an ABC, I added wave C targets. Wave C targets should act as short term resistances and I'm expecting price to break through these.*
1D RSI oversold
[ ZEC ] ZCash - Buy Zone In RangeZCash has been on the extended downtrend but with news of new partnerships on the horizon it looks like ZEC may have
a sharp move back to the upside.
Estimates Bounce Zone 0.004745 - 0.004732
News Item Search Term : these-brothers-think-save-zcash
Zcash (ZECUSD) short.All description on the chart.
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There is a possibility for the beginning of an uptrend in ZECUSDTechnical analysis:
. Zcash/US Dollar is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 14.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (43.30 to 49.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (49.00)
Ending of entry zone (43.30)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 56.50
TP2= @ 64.75
TP3= @ 73.80
TP4= @ 91.00
TP5= @ 106.70
TP6= @ 127.65
TP7= @ 157.05
TP8= @ 184.90
TP9= @ 220.60
TP10= @ 328.65
TP11= @ 375.70
TP12= @ 503.10
TP13= Free
There is a possibility for the beginning of an uptrend in ZECUSDTechnical analysis:
. Zcash/US Dollar is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 14.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (43.30 to 49.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (49.00)
Ending of entry zone (43.30)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 56.50
TP2= @ 64.75
TP3= @ 73.80
TP4= @ 91.00
TP5= @ 106.70
TP6= @ 127.65
TP7= @ 157.05
TP8= @ 184.90
TP9= @ 220.60
TP10= @ 328.65
TP11= @ 375.70
TP12= @ 503.10
TP13= Free
ZEC in oversold territoryZEC versus BTC has been bleeding for several month now... I believe a correction upward is due.
Last time (in January 2018) we dipped very low and bounced hard, and I'm expecting a similar scenario to happen in august.
My stop-loss is below 0.005, but you are on your own here.
Zcash ZEC fantastic opportunity (very soon)Zcash KRAKEN:ZECUSD holders are getting depressed , because this coin has not been performing very well.
Good news is this coin is very solid for many reasons (Do your own research) and this price action is actually very good news for us. Only shitcoins do get rich-quick pump&dump.
Please keep in mind catching the bottom is very risky, because it can actually dip lower than you thought but in the same time if you are too greedy you may miss the bottom.
I've drawn some boxes where I believe price area are good buys. My plan is to set buy orders in these boxes.
This coin can change your whole life, don't miss Zcash for it is a fantastic opportunity for buy&hold.
Zcash has an inflation bug, and nobody's talking about it.sit down around the fire and let me tell you a story that many of you may not have heard. once upon a time, there was a group of people who wanted to launch a cryptocurrency called Zcash with a fucked up trusted setup, 2 MB block size, founders reward, unverifiable supply, and experimental technology using people's real, hard earned money. what could go wrong? there was more hype over ZEC than jeffrey epstein on the way to his island. people said before launch, what was acceptably sane talk, things like "zcash is the bitcoin killer" and "zooko is a genius."
the zcash team decided on a "slow" reward emission at the beginning to try to put all the miners having a boner into a cold shower. so the block rewards were extremely small. poloniex listed zcash first. miners started posted absofuckinlutely ridiculous asks, but because scarcity + hype = stupid, there was a guy who paid for ZEC at a rate of 5000 BTC per ZEC when it got listed on polo...i saw it happen with my own eyes...im sure he thought, wow what a steal, it's the next bitcoin. if he needed anymore confirmation, at one point at a meetup zooko said (i kid you not) that he "doesn't actually specifically know how zero knowledge proofs work". But how can i blame the guy? I mean, it's a free country amirite.
i can't think of a more fucked up piece of shit than zcash. nobody even uses the privacy features. i see lots of people blaming the dump on the founders reward. perhaps that contributes to it. but many people dont know that the supply is unauditable. if someone figured out a way to print billions of ZEC, there's literally no way to tell. can you find a better explanation for this god forsaken chart than that? and i hear that they are creating a new blockchain, a zcash 2.0!
for giggles: www.reddit.com
Z-Cash - Huge Gains Incoming? BTC Dependant Of Course! Another huge divergence in the alt market. Some of these moves if BTC dominance comes down are huge. This again shows the power of BTC but when the switch flips. It could be very profitable.
$ZEC showing huge volumeA lot of big money has been pouring into Zcash in the past year. If you look at the volume, more people are trading it now than during the crypto craze of December 2017.
The important thing to note is that volume is increasing as price increases.
I think we could see a return to the $300 price area this year.
