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Zcashbtc

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
Zcash / ZecUSD heading bullish to 100$Hello guys this is just my insight based on my observation on the charts and market. Since we broken the 56$ or above the right shoulder. We are heading to 60$. before we get to the peak we need to hold the 56$ mark. To prove this theory we cant do down 56$ or we will break the pattern. We still have the day to go up and down but since its broken the ice at 56$ i think it will hold if not it can recover. We are heading at the right direction. If this theory proves to hold the said amount after chinese newyear will have a great boost in the market. *this is just a theory and not proven. Your insights are well accepted comment below to share ideas.
POLONIEX:ZECUSD
by markacegalvez
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
ZCASHBTC is going to rich resis. line Hey my friends, based on the accumulation on BTC, Its a really good chance for swingers for investing in Zcash, however its risky this days to be in ALTCOINS but i think its give us such a good signal. do not forget to place SL. Also ichimoko give us good signal in daily TF. on Volume, there have been lots of big players that have opened positions but did not have closed yet. Good luck. (please subscribe and follow me for more free Analysis)
Short
by AMRTrade_LLC
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
Zcash Analysis: Intraday timeframe chart patterns Conclusion for today’s Zcash price prediction: A bullish swing is expected to target between 0.010803 and 0.010560. The 1 hour timeframe of Zencash (ZEN/BTC) is provided in this analysis with major consideration for the current chart patterns and their possible implications. Previous downtrend is highlighted using the bearish trendline that was successfully broken to the upside on June 27, 2019. ZECBTC has remained in a sideways trend ever since breaking its bearish trendline with a bullish channel (tentative) identified to provide context for price action. The trajectory expected is indicated on the chart and the region of target for the Zencash price prediction is between 0.010803 and 0.010560. Patience is also required to see what transpires in terms of entering long (buy) position(s). A close above ~0.009294 can be used as part of the strategy to buy ZECBTC. Alternatively, a successful retest of the lower boundary of the bullish channel at ~0.008936 provides ground for bullish momentum. A close below the channel’s lower boundary and also below ~0.008671 implies further downside action in ZECBTC.
Long
by Coin_Analyst
4