Zec/Btc looks more than readyZcash just formed the "Piercing Line" pattern which is a very strong reversal pattern.
So the last piece of the puzzle is that Zcash needs to close above the 10EMA ( the white line ). If it does close above 10EMA ( or ~ 0.0157 ), that is a very bullish signal and I definitely go big in Zcash.
Zcashbtc
ZEC: Uh oh...Not going to add anything to this chart besides the red box right now because it is not super needed, there is no reason to be bullish on ZEC until it breaks in the 0.017 price area, that would be the bottom of the red box that is on the chart.
Right now the red box is support turned resistance, and things could be headed down hill for ZEC in the short term, hopefully eventually finding its way back into this support box.
Will re-post and update a chart with some analysis when ZEC breaks back above 0.017, that is a crucial level I am watching for the time being.
At some point the Lizard Overlords have stated that 1 BTC = 7 ZEC , so if you are aiming for that price target this is not a bad level to start averaging in.
No longer posting links in trading view descriptions, but you can find my twitter in my trading view profile bio. I have a discord group which can be found on my twitter.
There is a possibility for the beginning of an uptrend in ZECBTCTechnical analysis:
. Zcash/Bitcoin in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01860000 to 0.01645000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01860000)
Ending of entry zone (0.01645000)
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= @ 0.02436000
TP2= @ 0.02830000
TP3= @ 0.03374000
TP4= @ 0.03773000
TP5= @ 0.04364000
TP6= @ 0.05159000
TP7= @ 0.07361000
TP8= @ 0.09137000
TP9= @ 0.10911000
TP10= @ 0.13442000
TP11= @ 0.16666000
TP12 = Free
$ZECThis Coin has been amazing to trade the past few months. Super simple Buy the Green sell the red. Also this has been an awesome range at the bottom of a down trend and ATL. Could be accumulation for the real party. but until the top blows off this range the plan is simple buy green sell red. coinbase could be some feul to bust the top of the range
USDT -ZEC Zcash -Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2016 ( 6 / 10 )
Volume 24 H : 14000 BTC -0.17% ( 7/ 10 )
Available Markets* ( 9 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **20 ( 8 / 10 )
Website ( 8 / 10 )
Type private, untraceable cryptocurrency
Overall ( 8 /10 )
I invested heavily for ZCash in Oct 2017 . Result ? My biggest disappointment in late 2017 . However, It is a good time to accumulate some Zcash if you want to create your long term portfolio.
Many altcoins will die in 2018 and We will pump all the survival shitcoins in 2019 with new fresh money. What about Zcash? It will survive in this bear market.
First Target is 200%!
fortune.com
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
ZEC almost ready to moon?
ZEC continues to show strength even when markets have shown some weakness past 2 days
ZEC has moved above a few resistance levels so far but has gotten rejected at the key supply zone
A break above here could yield substantial gains for longs but we could see a pullback before we move up
For bulls, a pullback to the demand zone below would be the ideal spot to enter a long as the EMAs have crossed over as well and would provide support
Volume has followed the last 2 spikes above resistance levels, which is a good sign
With possible Coinbase listing at any time, price for ZEC will be well supported in the coming weeks/months (barring a complete market meltdown)
Thanks guys!
ZCASH ZECBTC IN POSSIBLE BUY ZONEZCASH in an all-time support buy zone...
- Buy in BUY ZONE
- STOP in top of SCARY ZONE
*Not sure what will happen if it would break the bottom support (dotted line)... but i know i do not what to find out.
- Possible targets set as 1, 2, 3, 4...
Decided to chart this because of a recent (last night) live tweet overview of a talk given by the zcash creator (zooko)
ZEC iH&S breakout? ZEC has been on a tear lately with the listing of ZRX just spurring more excitement in the hopes that it could be next. We could see an inverse head and shoulders diagonally that has played out nicely and broke out yesterday and is currently on its way.
We did run into resistance right way as we can see with that wick straight up to the supply zone but the projection for this pattern gives a target of approx. the upper supply area near 0.0275. Whether it gets there in one shot or gradually really depends on market dynamics but one can assume that a Coinbase listing could help it on its way fairly quickly.
Thanks guys!
ZEC printing a bearish pivot candle!ZEC moved up nicely off the local bottom but found trouble at the EMA, rejecting and falling back into the demand zone.
A bearish pivot candle has printed so far and if we close this way, we could expect to see further downside, possibly down to the lower demand area before seeing a bounce. Of course, it is still early to jump to conclusions but as we have seen in the past, these pivot candles do lead to some more downside after they close.
Thanks guys!
ZEC pivot of doom? ZEC has been on a tear recently after bouncing off the 0.016 level but has hit a brick wall on its way back up to the supply block around 0.0207.
We still have a CR UP printed on the Daily chart BUT an orange pivot candle seems to have appeared today, which as previously shown, could spell some downside for ZEC here. Obviously, we would need the candle to close like this before getting to any conclusions but this is a warning sign.
The fast-moving EMA has curled upwards but the slow-moving still trends slightly down as it remains resistance.
We currently are sitting right on top of the demand zone so as long as we hold here, we could expect that the uptrend will continue especially with the possible Coinbase listing in the near future.
Thanks guys
ZEC Blast OffZEC at bottom of ascending channel, looking for a bounce from here and a break of the long term resistance. If ZEC breaks 19k sat, we'll drop to next support. If ZEC moves up and closes above 21k sat, we'll move up to 30k sat long term.
Sapling release goes live on October 28th, this is huge news as it would allow zk-snark transactions to be sent on mobile devices, whereas today, it takes a minimum of 4 gigs of RAM to do so.
tokentops.com