Zcasheuro
A trading opportunity to buy in ZECEURTechnical analysis:
. ZCASH/ETHEREUM 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 57.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (161 to 123). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (161)
Ending of entry zone (123)
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= @ 192
TP2= @ 217
TP3= @ 247
TP4= @ 312
TP5= @ 358
TP6= @ 386
TP7= @ 464
TP8= @ 598
TP9= @ 649
TP10= Free
A trading opportunity to buy in ZECEURTechnical analysis:
. ZCASH/ETHEREUM 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 57.
. The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (161 to 123). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (161)
Ending of entry zone (123)
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= @ 192
TP2= @ 217
TP3= @ 247
TP4= @ 312
TP5= @ 358
TP6= @ 386
TP7= @ 464
TP8= @ 598
TP9= @ 649
TP10= Free
Zcash Mryoshka Doll, Tea & a RocketI hear you, WTH right?
Zcash, an established privacy cryptocurrency providing increased privacy. It's less than 2 years old.
Still a baby in the market place.
The Zcash chart is indicate to me, in regards to pattern formations that we have formed a C&H within a
much larger C&H, not to mention yet another inverted H&S within that. The potential is staggering!
I have tried to draw what I see, dissect each pattern to give you the direction I see this asset moving in.
Tip: Bottom of a cup.
HODL ON -Rocket armed!
Myyroshka (Rusian doll within a doll ).
Patterns within patterns.
Zcash uptrend 100%+ gainZcash was consolidating for a long time since 10th of February till 1 week ago. That would be more than 100 days consolidation.
Now, after longer consolidation and after regaining 50% in 30 mins time on the 14th of May its was more than clear that Zcash is trying to push up.
Made an uptrend from 0.02
Uptrended from 0.0292 touched 0.0456 mark and retraced, but stayed above 0.0282 level and continously pushing upper price level in order to breach 0.045 mark.
After three attempts fails to do it and retraces to 0.0382 (while achieving 0.044 0.045 0.046 prices) and retracing.
Makes an uptrend from 0.0382 while continously retesting that level 5 times (even with strong pierces) didn't managed to breach that level from the upper side.
in the first cycle was uptrending (in sats and usd) more than btc actually lost in value which shows extreme bullishness at this moment (Zcash was uptrending while entire market was between 5 and 20% minus) was like +10% +20%.
Having in mind 0.0382 level held pretty well (desipite numerious retest), my personal take is that Zcash could double or maybe even go to 0.1 target or even 0.015 in last instance (but honestly) i m not expecting reaching that value in one instance.
on 0.082 level we have resistance, but since we are in form of falling wedge, i thing it could actually pierce through 0.045 and 0.056 resistances going straight to 0.082 level which would be next resistance level and (by my opinion) safe exit price for all people who rebuy under 0.04 sats.
Targets :
0.046
0.056
0.082 (as most probable)
0.15 was ATH at zcash (comparing to existant 0.038 we could conclude that price of Zcash is pretty much underpiced.
I do expect sharp upward momentum heading staight to 0.082 sats.
-This is not financial advice, it was meant to be used only as speculative and solely subjective point of view
A Long-Term Trading Opportunity To Buy in Zcash/Euro ...Technical analysis:
. ZCASH/EURO is in an up trend and continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (259 to 222). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (259)
. Ending of entry zone (222)
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:
Take Profits:
TP1= @ 312
TP2= @ 358
TP3= @ 396
TP4= @ 464
TP5= @ 598
TP6= @ 649
TP7= Free
A Long-Term Trading Opportunity To Buy in Zcash/Euro ...Technical analysis:
. ZCASH/EURO is in an up trend and continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (259 to 222). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (259)
. Ending of entry zone (222)
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:
Take Profits:
TP1= @ 312
TP2= @ 358
TP3= @ 396
TP4= @ 464
TP5= @ 598
TP6= @ 649
TP7= Free
