Zcashbtc
ZECBTC Ascending TriangleStaying in the Zcash realm, ZEC/BTC Pair looks to form an Ascending Triangle as well.
Can see it pullback to the support one more time before taking off. Also good fundamentals with the halving coming up in November.
Could give extra fuel for a possible bulltrend.
Close below 6300 would invalidate the setup and possible bulltrend, at least for the short term
Trade safe :)
ZCASH & XMR - THE BEST PICKS WITHIN THE PRIVACY SECTOR RIGHT NOWAs mentioned regarding privacy coins sector (see the linked idea), XMR and ZCASH are my favourite ones at the moment. They show a similar pattern, with a breakout of a descending triangle.
Verge is ofc not considered at it already spiked due to halving
Zcash bullish accumulation pattern above support level.Hello Traders,
Here is a simple and quick analysis for ZEC BTC who made a bullish accumulation pattern above an important support level, our indicator shows us that we still on bullish momentum.
The target is the next important resistance level and stop-loss must go below the support level.
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Don't miss the great buy opportunity in ZECBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00539). 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 Resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.00560
TP2= @ 0.00580
TP3= @ 0.00610
TP4= @ 0.00640
SL= Break below S2
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Don't miss the great buy opportunity in ZECBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00539). 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 Resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.00560
TP2= @ 0.00580
TP3= @ 0.00610
TP4= @ 0.00640
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Zcash looks very bullish right now!- ZEC looks very bullish to me right now. It found support at the 0.236 fib level (where we also had a strong support provided by the VPVR) from which it rebounded and finally broke the descending trend line. This triggered a very bullish move to the upside today and it probably marks only the start of a much brighter bull run for Zcash.
- The green boxes are areas of support & resistance provided by the VPVR.
- The volume was on a downward trend until today and is just about to change its course.
- Technically ZEC has the perfect setup for a bullish outcome in the near future and fundamentally the things are looking also very good.
- The Heartwood upgrade is on the horizon and will be activated this summer, at the block 903,000 (mid-July). Furthermore, the halving is expected to happen in November this year. Historically, the months before the halving were very bullish for the coins which have the halving integrated into the protocol, like Bitcoin and Litecoin.
My first target would be 0.00585.
Second target - 0.00685.
Third target - 0.00700.
And the final test would be in the 0.0075-0.00800 area.
Don't miss the great buy opportunity in ZECBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00482). 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 75.
Take Profits:
TP1= @ 0.00510
TP2= @ 0.00576
TP3= @ 0.00677
SL= Break below S2
Don't miss the great buy opportunity in ZECBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00482). 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 75.
Take Profits:
TP1= @ 0.00510
TP2= @ 0.00576
TP3= @ 0.00677
SL= Break below S2
It's Tight!!!! (ZEC)Support & Resistance all playing a major role on the weekly pair to btc.
Monthly Squeezing hard.
ZCash is a cryptocurrency with a decentralized blockchain that seeks to provide anonymity for its users and their transactions. ZCash increases user privacy by using zero-knowledge proofs (zk-SNARKs) to validate transactions without revealing information that could compromise a user's privacy.
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
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