Zcash USD - Daily NEUTRAL Range Bound, 4HR BULLISH, 1HR NEUTRALZcash USD is Daily NEUTRAL and Range Bound, 4Hour BULLISH, 1Hour NEUTRAL
Zcash
Zcash ( ZEC ) - 1x or 100% potential profitZcash left accumulation and draw an uptrend ( higher highs and higher lows ) . All impulses are accompanied with good volume
We dont have any strong resistance to our way to 140$ .
ZEC/USD Uptrend Channel with Repeating Triangle PatternsThis is a follow up to the update I posted an hour ago. As shown, there is a clear repeating pattern occurring with a break down from the purple triangles and a later break up from the blue triangles. Following the channel hold which occurred at 106, I expected either a retest of the channel at 107-108, followed by a breakout of the triangle and up towards the 125 region, or an immediate breakout up to the 125 region without a retest.
Of course, any significant downside move by bitcoin could negate this pattern as it tends to drag the market down with it. Therefore, when trading ALTS such as Zcash it is important to always keep an eye on bitcoin too. Nonetheless, the pattern shown here appears very strong and I think it is highly likely that ZEC will soon reach 125.
ZEC/USD Uptrend Channel Holds - Triangle Break May Soon Follow!As predicted in my last analysis, Zcash dropped down from the tight area it was in and found support at the bottom of the channel at the 105-107 area. From here Zcash may continue to bounce around inside the area between the bottom of the channel and the blue triangle before a break above the triangle, or it may simply break above the channel. As before, upon a triangle breakout, a move towards the top of the uptrend channel to around 125 is expected.
Smoking Horsey
ZEC/USD Uptrend Channel Shows Potential Upside in the Near TermZcash is shown to be in a clear uptrend channel (in black). Despite various movements below the channel and into the black dotted area, Zcash has continued to pull back up into and respect the channel. Currently, Zcash is caught in a tight area and may make a small break to the downside with potential support around 105-107 at the bottom of the channel. If support is found there I think it is likely that a break above the triangle (shown in blue) will soon follow. This could see Zcash rally up to the top of the channel at around 125. Alternatively, a triangle break may occur without a retest of the bottom of the channel, sending Zcash up to the top of the channel sooner. Of course, it is important to keep an eye on BTC which is clearly leading the market at the moment. The violent movements bitcoin has made recently has dragged Zcash out of the bottom of the channel before.
Smoking Horsey
Zcash Price Analysis ZEC / USD: Promising Privacy To The WorldFundamental Analysis
Zcash has shown a positive price trend during the last few days. Recently the Electric Cash project announced that it’s planning “to make Zcash usable by 10 billion people by 2050”, which will require a transfer to a completely new chain. The company is considering implementing sharding and making all transactions private by default, in contrast to the 2% of anonymous transactions now.
Zcash / USD Short-term price analysis
Zcash has a bullish short-term trading outlook, with the ZEC / USD pair performing a strong technical bounce from key short-term support.
The four-hour time frame shows that buyers are testing back towards a large bearish reversal candle, that was created on the 26th June. The reaction from this key area should decide the ZEC / USD pair’s short-term fate.
Technical indicators across the four-hour time frame are bullish and continue to generate buy signals.
Pattern Watch
Traders should note that a bearish head and shoulders pattern could start to form if the ZEC / USD pair is rejected from current trading levels.
Relative Strength Index
The RSI indicator on the four-hour time frame is bullish and shows scope for further upside.
MACD Indicator
The MACD indicator on the four-hour time frame is turning bullish, with the MACD signal line crossing higher while the MACD histogram trends in a positive direction.
Zcash / USD Medium-term price analysis
Zcash has a bullish medium-term trading outlook, with the ZEC / USD pair still trading above its breakout point on the daily time frame.
The daily time frame is showing that the bullish breakout still remains valid, with the ZEC / USD pair consolidating above the neckline of a large inverted head and shoulders pattern.
Technical indicators on the daily time frame are mixed and failing to provide a clear trading signal.
ZEC / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the overall upside target of the bullish pattern on the daily time frame will take the ZEC / USD pair towards levels not seen since August 7th, 2018.
Relative Strength Index
The RSI indicator remains bullish on the daily time and continues to trend higher.
MACD Indicator
The MACD indicator on the daily frame remains bullish, although downside pressures are starting to gather.
Conclusion
Zcash is at a critical juncture in the short and medium-term, with the next few trading sessions likely to prove critical for the ZEC / USD pair.
If bulls fail to rally the cryptocurrency to a new 2019 trading high, we could start to see the formation of a bearish pattern on the four-hour time frame and a much deeper bearish correction.
Zec - repeating patterns getting tighter and tighter!Look at how the ZEC/BTC pattern keeps repeating. This is VERY similar to the XRP/BTC fractal correction pattern too. Both are getting tighter and tighter forming, and in my opinion, are winding down before the next huge impulse blast up!
Zcash consolidation faze for more up!Hey guys, Zcash now is in the consolidation, wait for more days then you can buy it for 140- 150usd first target!
Ascending Triangle on ZEC. Nearing apex Simple textbook chart here.
We have an Acending Triangle. Such chart patterns are usually an indicator of bullish continuation. As you see we are nearing the end of the wedge here...the apex. Note: ascending triangles are usually bullish indicators.
#Zcash
I also listed some past bullish patterns which as you can see were prominent in this resulted run.
Zcash Price Analysis ZEC / USD: Y The Fork?Fundamental Analysis
Zcash has been gaining momentum after the release of a new client, which should provide better security for the network.
In April, Ycash announced a “friendly” hard fork which will happen on July 18th and launch a new coin. The Ycash project is independent from both the Electric Coin Company and the Zcash Foundation. Zcash holders will be receiving Ycash, which will likely provoke speculators to buy Zcash prior to the actual hard fork.
Zcash / USD Short-term price analysis
Zcash has a bullish short-term trading outlook, with the ZEC / USD pair probing towards the best levels of the year so far.
The four-hour time frame shows that the recent rally in ZEC / USD pair has invalidated a large head and shoulders pattern, with the breakout move yet to reach its full upside target.
Technical indicators across the four-hour time are conflicted and failing to generate a clear trading signal.
Pattern Watch
Traders should note that the November 14th swing-high is the overall target of the invalidated head and shoulders pattern on the four-hour time frame.
Relative Strength Index
The RSI indicator on the four-hour time frame is bullish and still shows scope for further upside.
MACD Indicator
The MACD indicator on the four-hour time frame is conflicted, with the MACD signal line turning negative while the MACD histogram moves higher.
Zcash / USD Medium-term price analysis
ZCash has a bullish medium-term trading outlook, with the ZEC / USD pair performing a major upside breakout on the daily time frame.
The daily time frame is showing that an upside breakout has occurred from an ascending triangle pattern, with the bullish move yet to reach its full upside objective.
Technical indicators on the daily time frame remain bullish and continue to issue a buy signal.
ZEC / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the upside target of the ascending triangle pattern is also the November 14th, 2018 trading high. If the ZEC / USD pair reaches this target a much larger bullish pattern could form.
Relative Strength Index
The RSI indicator remains bullish on the daily time, although it has moved into extreme overbought territory.
MACD Indicator
The MACD indicator on the daily frame remains bullish and continues to issue a strong medium-term buy signal.
Conclusion
Zcash continues its recent advance, with the cryptocurrency well supported by upside momentum from the strong technical breakouts underway on both time horizons.
At present, all indications points to a pending test of the November 14th swing-high and the potential formation of a much larger bullish pattern.
Zclassic - Falling Wedge - Accumultaion Levelthe support seems to be very strong along the falling wedge, selling pressure is high but not aggressive
bulls have to push the price above 20k sat
good accumulation level for a supergain when beakout!
ZEC is still within the channelZEC is still within the channel while the rest of the alts are losing the base.
I will watch it close here
ZEC/BTC Starting to Make a Move.ZEC/BTC is start to made it's bullish impulse movement atleast for short term. As long ZEC/BTC remain above these current trendline the Impluse movement will keep continue until it's broken.
Using Fibonacci line with only golden ratio x 1.618 to see a important line of support and resistance.
Indicators is pointing upward and seems in synchronized along with current price action. which is bullish for now.
I expect a consolidation along the golden ratios even these current trend is bullish in short term. For a long term out look, Bullish trend is confirmed once the price action surpass above all EMAs and SMAs line.
Zcash Price Analysis ZEC / USD: Zebra Powered BreakoutFundamental Analysis
Zcash has surged after its partner Parity Technologies announced the release of the alpha version of Zebra, the first Zcash client written entirely in Rust. Zebra exists to provide redundancy in the network and provides additional security in case of failure of the primary client, Zcashd.
Zcash / USD Short-term price analysis
Zcash has an increasingly bullish short-term trading outlook, with the ZEC / USD pair rallying to a fresh 2019 trading high.
The four-hour time frame is showing that a bullish inverted head and shoulders pattern has been triggered, with ZEC / USD bulls invalidating a bearish head and shoulders pattern.
Technical indicators across the four-hour time are still bullish, although they are starting to appear overstretched.
Pattern Watch
Traders should note that the bullish inverted head and shoulders pattern on the four-hour time frame is close to reaching its full upside projection.
Relative Strength Index
The RSI indicator on the four-hour time frame is bullish, although it has now reached overbought conditions.
MACD Indicator
The MACD indicator on the four-hour time frame remains bullish and continues to issue a buy signal.
Zcash / USD Medium-term price analysis
Zcash has a bullish medium-term trading outlook, with the ZEC / USD pair on course for its fifth consecutive day of trading gains.
The daily time frame is showing that a significant technical breakout has occurred, with a large inverted head and shoulders pattern being triggered into action.
Technical indicators on the daily time frame remain bullish and continue to issue a buy signal.
ZEC / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the ZEC / USD pair could rally towards its all-time price high if the bullish pattern on the daily time frame reaches its full upside projection.
Relative Strength Index
The RSI indicator remains bullish on the daily time, although it has moved into extreme overbought territory.
MACD Indicator
The MACD indicator on the daily frame remains bullish and continues to issue a buy signal.
Conclusion
Zcash has performed a major technical breakout on the daily time frame, with bulls finally triggering the large inverted head and shoulders pattern into action.
The cryptocurrency could start to test towards its all-time trading high if bulls keep the recent upside momentum intact.
%900 breakout with ycash forkat july 18 zcash will fork with ycash and that will be a great news for zcash. at these days i m excepting a great breakout because free money expecters. my levels are shown at graphich. we will se what will happen...
ZEC - $115 to $93 to $300ZEC is in a perfect setup in my opinion. It is gaining momentum and looks like it will break out of this correction channel. I would expect it to burst above $100 to $115 or so then correct down to touch the top of the channel trendline area, then burst again above to possibly $300 or higher. Very good time for ZEC holders.
Best Time to buy $ZECDo you know about the upcoming Zcash friendly fork? if you didn't know, join to the my sub reddit with the same name.
Time Frame: 1 Day
Support:
a) Trend Line
b) Possible of the golden cross
Resistance ~ 0.013
Enter ~ around the trend line (0.0107)
SL ~ 0.0095
TP ~ 0.015
GL!
ZECBTC (+45%)(+116%) Expecting major ZEC appreciation against BTC over the next few weeks. Tight stop in case BTC doesn't pull back in near term.
ZEC Ready for Another Cycle of short squeezesZcash is on the path to $177.77
Shorts can continue to inflate while being wiped out, Don't get greedy
Zcash Price Analysis ZEC / USD: Renewed InterestFundamental Analysis
Zcash is likely growing in anticipation of the Zcon Annual Privacy Conference which will take place in Croatia on June 22-24, 2019. The event is organized by the Zcash Foundation and will encourage collaboration of privacy projects inside the Zcash ecosystem.
Zcash / USD Short-term price analysis
Zcash has a bullish short-term trading bias, with the ZEC / USD pair still holding price above its 200-period moving average on the four-hour time frame.
The four-hour time frame is showing that a head and shoulders pattern has now formed, with ZEC / USD bulls attempting to invalidate the bearish pattern.
Technical indicators across the four-hour time have turned bullish and are now generating a strong bullish signal.
Pattern Watch
Traders should note that the ZEC / USD pair is once again starting to create higher highs and lower lows on the four-hour time frame.
Relative Strength Index
The RSI indicator on the four-hour time frame is bullish and is currently issuing a strong buy signal.
MACD Indicator
The MACD indicator on the four-hour time frame is bullish, with both the MACD signal line and histogram issuing strong buy signals.
Zcash / USD Medium-term price analysis
ZCash has a bullish medium-term trading outlook, with the ZEC / USD pair edging closer to major breakout resistance on the daily time frame.
The daily time frame is showing that the ZEC / USD pair is consolidating close to the neckline of a large inverted head and shoulders pattern with significant upside potential.
Technical indicators on the daily time frame are now attempting to stage a bullish recovery following a correction from overbought conditions.
ZEC / USD Daily Chart by TradingView
Pattern Watch
Traders should note that if the bullish inverted head and shoulders pattern is triggered on the daily time frame the ZEC / USD pair could rally towards levels not seen since August 2018.
Relative Strength Index
The RSI indicator has once again turned bullish on the daily time frame after briefly dipping towards neutral territory.
MACD Indicator
The MACD indicator is attempting to turn bullish on the daily frame as upside pressure returns.
Conclusion
Zcash is attempting to build upside momentum following a strong reversal from key technical support on the four-hour time frame.
If bulls can invalidate the bearish pattern on the four-hour time frame the cryptocurrency could see a wave of fresh buying interest, which could clear the path for a much-needed technical breakout on the daily time frame.
