Zcash
Z-Cash: Fibonacci Charts the Course AheadA Fibonacci 5, 3, 2, 1 countdown can be seen on ZEC's chart which began in March of 2019 and is set to conclude in Feb 2022. My guess is that this is when privacy becomes a hot topic and ZEC finally breaks it's downtrend and enjoys a monster rally. ZEC seems to have pivoted at 0.003 and is now trending up to retest the trendline at 0.0053. I don't tihink we'll bust through here - it just doesn't seem like time yet. But this is a phenomenal time to triple or quadruple your stack if you play the ride up to 0.0053 and back down well. I'm in!
ZCSH Zcash Grayscale Trust - OTC Market Redemption Arc GBTC ETHE
Zcash Idealism:
In November of 2016, journalist Morgen Peck showed up at her friend Molly Webster's apartment in Brooklyn, told her to take her battery out of her phone, and began to tell her about The Ceremony, a moment last fall when a group of, well, let's just call them wizards, came together in an undisclosed location to launch a new currency.
It's an undertaking that involves some of the most elaborate security and cryptography ever done (so we've been told).
And math. Lots of math. It was all going great until, in the middle of it, something started to behave a little...strangely.
Zec Buy alert triggeredZcash alert triggered buy side. Have a stop loss at 188.55 and a take profit at 210.80.
ZEC RSI CROSS! ❎ 🚀As the title states, we are at an huge RSI cross for ZEC .
My position: T194.47, encompassing 50% of allotted, available trade capital for margin ZEC trades today.
Remaining 50% of capital will be placed either directly back T194.47, or I will wait for an eventual drop to the T189.97 level.
Let's do this.
ZEC Moving(+), predictions...Here I go into a detailed overview of how I use the RSI to visually recognize crosses , to forecast price fluctuation.
I also go into a bit of detail as to how I believe ZEC is going to be playing out in the coming 1-2 weeks.
Be prepared to be long in the short-term, with vigilance as ZEC readies itself to hit its historic downtrend rolling on south from about a year ago.
Zcash ZEC low timeframe trend decision day. Reverse SoonUpside technical Resistances: TLDR "Its all in your head"
210-215 - 1W ichimoku edge range
235 - 1W BBand Upper
250 - Psychological
300 - Psychological, prior local top
400 - Psychological, prior multi-year top
500 - Psychological
800 - Prior Long Term ATH 2017-2018 meaned wick
1000 - Psychological
1500 - Psychological
2000 - Psychological
2500 - Psychological
Zcash was launched by one of the most respected technical teams in the world.
Zcash is the 'https of blockchains,' protecting your freedom to save and spend as you like.
Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency.
Multiple, independent organizations are funded to innovate on Zcash.
Zcash is already available on top exchanges, digital wallets and a growing number of applications.
$ZEC Long-term Trend = PT Sub $100?Zcash continues to reflect bearish decline in spite of the wildly volatile price action.
Trendline indicates sub $100 PT remains valid, although $240 is within reach & flirting with $260 is not unrealistic.
Solid opportunities for momentum trading long & short positions.
zec/usd update for those that have been askinghere's my mark up for ZEC/USD currently looking to continue higher here, my Swing Target of $750+ is where i will be taking about 50% of profits at this area and then looking for a potential blow off top to bring prices higher then the last crypto bull run brought Price too AND WHEN We look for where ATH (all time highs) have been registered we see different pricing but What we do all see is price has been as high as $7,000 and the low end of $3,000 on other exchanges.... SO WE ARE A LONG WAYS OFF FROM ATH.... but is that what's instore for us in this coming bull cycle?
FACTS ARE --- we are in need of Privacy when dealing with our financials so it only makes sense that this coin can and will have a real world values based off of the utility that's going to be coming mainstream to this blockchain
Disclaimer-- remember I'm just the high school drop out looking to have some fun with marking up some charts!!! and none of the information shared should be taken as financial advice because lets face it, i'm not that serious of a person :-) all jokes aside
please let me know your thoughts on this matter with ZCASH
ZEC ready to dump! BE PREPAREDZEC has had one incredible run up to the T200 mark.
However, as I stated in a previous video today: ZEC poised to be trapped within it's descending triangle from over this past year. Zcash is in a historic downtrend right now.
-Note the RSI in purple at the bottom of the screen
-As I pull back to look at the daily ticker, you will notice that the strength index has progressively gotten more and more saturated throughout this hyper positive trend
-Any RSI that saturated and just... straight-up -wettt- is going to finally get overstimulated enough to want to tap-out.
New traders : MAKE SURE you take the time every once in a while to pull back on a daily or even weekly ticker and ident your positive or negative overall trends for a token.
🚨 ZEC Beware 🚨 @~T200 Quick video detailing the fact that ZEC will meet strong resistance once meeting the downward trend at some point in the coming months.
(ZEC will drop back to it's weekly pivot)
Make sure, before you start poppin' cherries on hot tokens you'd never charted/hadn't charted in a while, look back at the daily and make sure you're not going to get shanked at the historic down-trend.
XMR bursts through the resistance trend!! ~204 to ~208Discussing XMR breaking through the trend to hopefully give us another nice pump up to the first resistance pivot
also discussing ZEC at the end, and the fact that ZEC is on a historical downward trend.
EDIT 03/24/22 @1805hrs MDT just noticed in my little ZEC analysis that historically, ZEC is forming a nice little triangle breakout with my bottom trend line. I think I am going to follow this, chart it some more and see where it goes. Happy trading everyone! ALSO: NOTICE XMR's HISTORIC VOLUME.... 🛫☁☀️👆
ZECUSD attempting double bottom breakout. $196 possible target. Luna completed it’s double bottom breakout with ease, and considering we only just recently shifted back into an uptrend I’m assuming this double bottom as well as several other cryptos double bottom patterns are likely to trigger as well. Of course, as always we should wait for confirmation of a bullish breakout from this pattern, not go off assumptions, and currently the price action is finding resistance upon testing the double bottom neckline. Once it flips it to solidified support and then we see a nice impulse of bullish volume afterwards we can be more confident that it will validate the breakout. If so the target is $196. *not financial advice* Until then this idea will have to be listed as neutral despite myself having a bias towards the bullish outcome.
Zcash Reversal Rally potential on Low Time FrameA purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution.
Digital signatures provide part of the solution, but the main
benefits are lost if a trusted third party is still required to prevent double-spending.
We propose a solution to the double-spending problem using a peer-to-peer network.
The network timestamps transactions by hashing them into an ongoing chain of
hash-based proof-of-work, forming a record that cannot be changed without redoing
the proof-of-work.
The longest chain not only serves as proof of the sequence of
events witnessed, but proof that it came from the largest pool of CPU power. As
long as a majority of CPU power is controlled by nodes that are not cooperating to
attack the network, they'll generate the longest chain and outpace attackers.
The network itself requires minimal structure. Messages are broadcast on a best effort
basis, and nodes can leave and rejoin the network at will, accepting the longest
proof-of-work chain as proof of what happened while they were gone.
Zcash vs Bitcoin must avoid the 1D Death Cross!Zcash is an implementation of the Decentralized Anonymous Payment scheme Zerocash, with security xes and improvements to performance and functionality.
It bridges the existing transparent payment scheme used by Bitcoin with a shielded payment scheme secured by zero-knowledge succinct non-interactive arguments of knowledge (zk-SNARKs).
It attempted to address the problem of mining centralization by use of the Equihash memory-hard proof-of-work algorithm.