ZECUSDT - Falling Wedge PatternZECUSDT (4h Chart) Technical analysis
ZECUSDT (4h Chart) Currently trading at $38.7
Buy level: Above $38.5
Stop loss: Below $36
TP1: $40
TP2: $43
TP3: $48
Max Leverage 3x
Always keep Stop loss
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Zcash
ZECUSDT 1HThe ZEC has gone after its November 21st bottom. It has formed an LTB (downtrend line) but has already broken out and is heading back towards the median of the Keltner channel at 37.1. The target is at MM100 at 38.6, but first needs to break through the 37.1 channel median, 37.6 upper edge and the subsequent resistance at 38.3. the Prognostic is positive as she reached her bottom and returned.
Privacy ZEC, was built on the original Bitcoin codebase, however whereas BTC and other altcoins expose the user's financial history and current holdings when making transactions, Zcash protects transactions by obfuscating the user's personal information.
Here are the supports and resistances:
S: 36.6 / 36.5
A: 37.1 / 37.6 / 38.3 / 38.6
RLinda ! ZECUSD-> A strong coin in a falling marketZECUSD is showing more confidence in the coin amid yesterday's fall of the crypto market and including the fall of bitcoin. ZCash shows strength from the buyers and breaks the resistance of the main bearish trend
I expect a final consolidation above the previously broken border, or a retest of the support of the uptrend channel with further growth continuation. The coin has the potential to rise to 66.2
I expect growth from the area of 44.00-46.00 towards 52 (first target) and then towards 61.5. Medium term target is liquidity zone 66.2
Regards R. Linda!
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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