Zcash
Zcash Prepares To Grow vs Bitcoin (26% to 94% Potential)Zcash (ZECBTC) print a low in January 2021 and is now in consolidation mode.
Let's read this chart.
We have higher lows long-term but also lower highs, which is the consolidation pattern.
In October 2021 we had a hammer candlestick on the weekly timeframe which marked the low of the wave.
Now, after more than a year, another hammer shows up, November 2022, which can signal the same.
We have two main targets on this chart and timeframe... Let's have three:
1) 0.003200 (26%)
2) 0.004190 (66%)
3) 0.004890 (94%)
These are just rough estimations but they are good for the short- and mid-term.
Thank you for reading.
Namaste.
ZCASHI would like to talk about ZEC, because in my opinion it is one of the most promising coins for the next few years.
Let's find out why!
ZCash refers to anonymous coins. It works on ZKP protocol.
ZKP protocol works on principle of proof of some fact, provided that information about you does not get to the second person.
Here is an example of how the ZKP protocol works in real life, if the government agencies would work on this protocol. When you give your driving license to a traffic cop, he does not see any information about you, but knows that you are the owner of the license and it is valid. And the most interesting thing is that other traffic cops and members of the public do not see that you are being checked.
ZCash works on roughly the same principle as in this example.
Unlike a number of other coins, this method presents real privacy benefits.
If you use bitcoin, as long as you don't follow the "privacy rules", your transaction chain can be unraveled very quickly.
With ZCash it's just physically impossible to do that, because all data is encrypted by ZKP protocol, and in simple words it gives out "true or false" on certain request, keeping data confidential...
Technically, this coin is almost at the very bottom, of course, it looks weak because of the breakdown of the triangle downwards, but I consider it a plus, because it will be more profitable to buy!)
From the fundamental: ZCash has one of the most progressive development teams, whose creator communicated with Satoshi Nakamoto personally on the forum, and offered the solution to bitcoin privacy problems.
Next year, the ECC will release a fully supported open-source mobile wallet in the iOS and Android app stores.
The second halving of the network will take place in 2024!
ZECUSD Horizontal Support Resistance Level 41.21 Watch for entries at horizontal support resistance level. For example, price level 41.21 is/was a good area to watch for an entry. Target Price is 44.27.
Daily Time Frame
4H Time Frame
3H Time Frame
2H Time Frame
1H Time Frame
ZEC (Zcash): Price Continues To Lose VolumeZEC (Zcash): Price Continues To Lose Volume
For a long period of time, the price is developing a well defined
"Descending Channel" Pattern.
The price tried several times to recover but it looks like a desperate move.
Price is still rising and the maximum it can do is to reach the resistance line
and to move down again.
Thank you and Good Luck!
Zcash (ZEC) formed bullish Gartley for upto 11% moveHi dear friends, hope you are well and welcome to the new trade setup of Zcash (ZEC) with US Dollar pair.
Our last successful trade of ZEC was below:
Now on a daily time frame, ZEC has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Short INDO: micro-cap Pump and Dump over, acquire more ZcashDigital Financial Asset Privacy is the new Oil.
Indonesia shell company micro-caps are not!
be safe with this ticker, it could still double again from $40
however risk is best managed by exiting all positions here, in the moment of peak euphoria and illiquidity
Mean Reversion Play for Summer 2022 Be careful700-750 target
it probably rallies some this summer, but don't get fooled into Diamond Handing the Mean reversion. it will rug you again in the late summer or fall
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ZEC - ShortZEC recently broke down the ascending trendline before getting instantly rejected, as the market rebound following equity future.
Price is showing signs of weakness and i believe price will go down as btc dominance is increasing and dragging down other coins.
Opened a short at $50.5, (currently in the red) but will hold it with a TP of $48-46, stoploss at $53
ZEC has maintained its trend!ZEC, which was in a downtrend, has maintained its trend, and the price of this currency fluctuates within the downtrend. The selling pressure has brought the price to the weekly support range, which was associated with a positive reaction in the first meeting. Support in the $45-$50 range was once associated with a 60% positive reaction. But it should be noted that this positive reaction in the downward trend is considered as a pullback in a higher time frame. For the short-term, the resistance of the $55 range, if it is retaken by buyers, could signal a trend reversal in the 4-hour time frame.
You can also draw a downward trend line in the 4-hour time frame, and if the trend line breaks and the resistance of the $52 range are broken, we can expect the price to grow to the $55, $58, and $60 targets.
PIVX Inverse Head & Shoulders Measured Move At Least $1.50PIVX formed almost a perfect inverse head and shoulders on the BI Weekly chart. Price action has closed above the neckline. A measured move of at least $1.50 is coming with a possible move up to previous highs to follow. PIVX is being accumulated, and the buy orders have been increasing exponentially on the exchanges. Something is in the works for PIVX and its being accumulated under everyone's nose. PIVX total supply is not very high so get your hands on some before it hits double digits. I think PIVX time to shine is coming. This is not trading or financial advice this is just my opinion. Thank you.
Zcash Bottom or Capitulation IncomingZEC has a big year ahead for it... I am betting on bottoming on the BTC pair.
ZCASH/ZEC Could it be any more beautiful than this?... than ending this long downward move with an ending diagonal (marked with a falling wedge which will explode in one direction soon)
Lets see how good thing impulse from here.
Invalidation recent low!
Hold my beer pls
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No financial advice, do your own research, don't be stupid