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Is Zcash Setting Up The Play?Symbol: ZECBTC Clear long downward run it has been. But, we have broke out or Resistance and now are seeing the pullback to old Resistance. This could be a new support swing to the upside. No confirmation on my tools yet but I am just using tech. Analysis. Zcash really needs to create a higher high. Will stay updated on this one. Low cap coin / Privacy opt in coin ---------------------------------------------------- Want to level up your trading skills? We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Also checkout our trading indicator available in the link on our page. --------------------------------------------------- Thank you for your continued support, God bless. - Major League Trader
by UnknownUnicorn2319099
ZECBTC formed bullish BAT | A good long opportunityZcash is one of my favorite digital asset who gives short term trading opportunities almost daily for the day traders. Currently being traded below exponential moving averages 10 and 20 with Bitcoin pair on day chart. On short term 2 hour chart after a successful formation for bullish Shark pattern the ZEC moved up from potential reversal zone and now the price action has formed a bullish BAT pattern and at this time the priceline is floating in potential reversal zone of this BAT pattern. Let’s dig this pattern deeper to examine how perfect this pattern is formed: After completing the initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time from this area. The Indicators: We can use different indicators to get help enter this trade like the moving average convergence divergence (MACD) is strong bearish and stochastic is in bear cross so we can wait for MACD to turn weak bearish from strong bearish or stochastic to give bull cross then place our buying orders. The Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: 0.006296 to 0.006273 sats Sell between: 0.006350 to 0.006431 sats   Stop Loss: The potential reversal zone of this pattern can be used as stop loss in case of complete price action closes below this level. This is short term trading idea not a long term idea, I will be keep posting more trading ideas
Long
by moon333
ZECBTC Is Forming Bullish BAT Pattern | A Good Long OpportunityWorld's 25th ranked cryptocurrency Zcash (ZEC) with Bitcoin pair is forming bullish BAT pattern and expected to enter in bullish potential reversal zone soon. Lets have a look on the ZEC price action's move: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection (here at B to C leg I have ignored some extra spike coz all other legs are driven perfectly as required for BAT) and final (C to D) leg is suppose to be retraced between 0.786 to 0.886 Fibonacci for a perfect bullish BAT and then the price action will be entered in potential reversal zone of this bullish BAT pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below for mid term trade: Buy between: 0.00699352 to 0.00692279 sats Sell between: 0.00716236 to 0.00741433 sats Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Long
by moon333
Don't miss the great buy opportunity in ZECBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0039). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ZECBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.00428 TP2= @ 0.00460 TP3= @ 0.00500 SL= Break below S2
Long
by ForecastCity
6
Don't miss the great buy opportunity in ZECBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0039). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ZECBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. Take Profits: TP1= @ 0.00428 TP2= @ 0.00460 TP3= @ 0.00500 SL= Break below S2
Long
by ForecastCity
10
Zcash has shown a strong reversal pattern !Hello, Traders! Monfex is at your service and today we overview ZEC/BTC. Diamond reversal pattern. This pattern also finds support from RSI, the indicator has a certain upward trend, which is a good sign for bulls, but most likely not soon. The support zone ~ 0,004350-4300 Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Long
by Monfex_UK
Why Zcash might be a lead balloonHow I converted from Zcash to BTC. Last few months I devoted my time to investigate Zcash (going beyond technical analysts) and come to the conclusion that I need to sell all my ZEC position and buy BTC. Since I haven't found concentrated/summarized thoughts at one place, I decided to make a tweet so others can find this useful. So let me name few thoughts: • Hardly anyone seems to be using Zcash’s anonymity features (estimated to be like 0,1 %) ...I found only ZecWallet supporting these transactions. (Consider how old is ZEC and no privacy adaption in wallets). If one wants to use it, he needs 5 GB of RAM and 25gb free disk to run the program. Therefore it don't see it as a mobile friendly wallet. • Zcash mining is incredibly centralized. • Zooko publicly admitted that he doesn’t know how Zk-snarks works (see: ‪https://youtu.be/P6RLjcGVUnw‬). • Expiring developers funding in 2020. Since developers in ECC are supposed to be unique, I see no developers when ECC is gone. Moreover let’s face it, ZEC developers salaries are above average (for non US resident) • Knowledge of Zk-snarks is not owned by ECC (Electric Coin Company). Zk-snarks are not so new, as they were discussed and experimented in 80`s, and after a while more and more scientific papers were published decade before Zcash ... so Zk-snarks are “open source knowledge”. • Albeit Zk-snarks protocol is monetary system is relatively new and has yet to undergo the test of time. On the other hand more and more currencies adopt just these/similar privacy features step by step and i don’t see anymore the huge advantage Zcash had 3 years ago. This combined with most of the above reasons and the current development makes me believe that the future won’t be so bright. Zcash should gain trust and popularity in first 2 years. • consider this; what keeps a gigantic army of BTC developers back to integrate Zk-snarks in Bitcoin, not as primary function...the same as ZEC has it, choose it if you want to? • ECC team already help implemented JPMorgan ZEC privacy features... so when ECC developers will be on the street next year (they sure will miss above-average salaries... the last thing they will work for free for ZEC (from my point of view -> ZEC developers paid by ZEC holders to develop Zk-snarks for JPMorgan) kinda irony • Zcash community forum - nothing seriously happening there. I see only few people with superior brains there (sorry as they are neither developers nor ECC officials), yet no serious involvement from ECC and developers • Ethereum team already working on integrating Zk-snarks. • E.Snowden did mentioned that he likes ZEC privacy features only because Zk-snarks encryption. He clearly said that others coins will do the same and that's a great thing. • Ycash “friendly” fork (free money of thin air project) Having ZEC officials even support this fork • REAL trading volume is so small (when doing this notes last week was 2,3 M$) • For the end a story. Two years ago AlphaBay (popular darknet marketplaces) back then has officially announced that Zcash is available as a payment option on its platform. 5 days after that announcement, AlphaBay got seized by law enforcement. Just 5 days after it’s integration of Zcash (coincidence?) • Looking forward for good arguments why I am being wrong.
Short
by slapnikovski
7
There is a trading opportunity to buy in ZECBTCMidterm forecast: There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm. Technical analysis: The RSI support #1 at 46 is broken, so the probability of beginning of uptrend is decreased. A peak is formed in daily chart at 0.01528 on 04/01/2019, so more losses minimum to Trend Hunter Buy Zone (0.01330 to 0.01250) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 48. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0133000 to 0.0125000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0133000) Ending of entry zone (0.0125000) 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 the 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= @ 0.01490000 TP2= @ 0.01685000 TP3= @ 0.01970000 TP4= @ 0.02140000 TP5= @ 0.02335000 TP6= @ 0.02970000 TP7= @ 0.03485000 TP8= @ 0.04375000 TP9= @ 0.05645000 TP10= Free
Long
by ForecastCity
2
Zec massive uptrend, potential over 100% Zec price forecast LONG Hello guys. Welcome to Technical Analysis on $Zcash (ZEC) which is one of the next big thing (not judging by the roomors), but tecnicals and fundamentals. We have one of the biggest falling wedges ever on #ZEC at the moment, but since volatile as usual, #ZEC seems very hard to predict if i may add. Lets rollback at the beginning. Zcash was listed on coinmarketcap on October 29th being worth on release 5000$/ZEC (back than Bitcoin was worth 500$). Officialy, if you check on coinmarketcap, you ll notice that ZEC was officially worth 6BTC/per 1 ZEC. That ratio changed in favor of Bitcoin while continually deflating ZEC more than 2 years time, but biggest run 8 months we've seen on ZEC (from 10th of February last year) (0.055BTC/ZEC) and since then from May 18th (price 0.044BTC/ZEC) in continual fall. Lowest low on ZEC was 0.0125BTC/ZEC two weeks ago. Since than, as per technicals and either TA or FA analysis continually bullish. My personal take is that ZEC can go 300% from this point up to 0.035 (which is more than in headline), but we are trying to be conservative here (despite "shilling" headline). It's a fact judging as per technicals : Weekly oversold, monthly oversold, yearly... :) Stochastic RSI is uprising on weekly /(looking very sharp on daily basis) MACD is flat from June 18th Weekly bullish cross present That would be like 9 months of consolidation on ZEC (pretty much the same as we've seen on XRP), 9 months "cycle" and uptrends right after. When talking about fundamentals, there are roomors that privacy coins will be more and more popular in time. Speaking of that and having on mind Sapling (fork on ZEC), activated on October 28th, corresponded with ETH Constantinopol fork in order to " keep up" since their network is overloaded. However, Zec is a carrier of ZK Snark protocol (Zero Knowledge) it allows anonymity or transparency in the same time/upon users choice (with further network upgrades), but has 100% obfuscation, (as bulletproof fork on XMR, only even better). Speaking of XMR (Monero), JP Morgan refused XMR in favor of ZEC considering it only valuable asset for 100% private transactions. There are roomors also that ZEC will be @SwissBANK 21.century currency, but its too early to talk about it. I would like to clarify one thing for the people who say " BTC is the KING" and other nonsense stories. We have Bitcoin dependable market in which one price of every alts is not fixed, but calculated as fraction of BItcoin (i.e. current price of Zec is 0.0144 BTC multyplied with current price on Bitcoin 3990) gives 57.68 USD output. At the ATH Zec was worth 850$/ZEC while being worth 0.05 BTC (it was during Bitcoin bullrun). Biggest ratio over Bitcoin was 0.17 (which is more than ETH itself). One more important thing to add is that we need to understand where Bitcoin is going in order to understand how altcoins will behave, because i've seen bunch of people posting wishful thinking TA's in order get followers. Bitcoin will hit 4250 (which should correspond with ZEC being worth 75$) i presume. Then we ll have correction on Bitcoin (subbing 4000) and another spike to 4450 which will certainly trigger entire market and most of the coins will manage to " express" until then (expecting ZEC price to surpass 95 USD mark untill then as increasing ratio over Bitcoin). One simple math example : Bitcoin uptrended 10% over USD making 4250$ (as per chart 10%) Zec in the meantime during Bitcoin consolidation and run uptrended for 30% over Bitcoin. That would be 43% nominal USD gain (if you have invested 100$ on btc 4000 ZEC current price), you would have 143$ worth of ZEC since exponential growth and ratio change. If you find this TA and FA usefull, feel free to press like and follow. Constructive comments are welcome, ideas and every type of criticism of course. Don't hesitate to leave your comment in comment section. Good luck and happy trading :)
Long
by milanjelic
10
There is a trading opportunity to buy in ZECBTCMidterm forecast: There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm. Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 52. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01330 to 0.01250). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01330) Ending of entry zone (0.01250) 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: Price Action Lesson 3: Hammer, The first sign of beginning ... Take Profits: TP1= @ 0.01490000 TP2= @ 0.01685000 TP3= @ 0.01970000 TP4= @ 0.02140000 TP5= @ 0.02335000 TP6= @ 0.02970000 TP7= @ 0.03485000 TP8= @ 0.04375000 TP9= @ 0.05645000 TP10= Free
Long
by ForecastCity
2