Zcash Long. Rekt on shortThe ZEC/USD chart shows that a downtrend is continuing, but it would be a mistake to enter a short position right now as it would be to late, and the trader would be rekt on the short. Instead do we enter a long position, when ZEC is at its support line, to avoid this mistake.
The DMI is showing a negative trend and the Stochastic RSI is also showing that the price has some strength left before reaching the bottom. Something to note is that the EMA are about to cross and to the down side and in many cases does this show a strong sell signal, but because of the past price movement do we see that the price movement is dropping to 20-30% and this would further indicate on that we get rekt on the short as the price already has dropped with 25% from 25th of December.
Trade at your own risk.
Zcashusd
$ZEC looking like a fat bag rnLooks like a big ole bag over here just waiting for the taking.
MACD is curling towards a bullish cross. 200 day MA held the line. RSI is on the verge of a test at 50.
If the RSI test at 50 fails, this trade could go bust. But remember more often than not it takes more than one try to break through a significant level no matter what the metric.
Either way, Zcash is looking primed and ready for some significant moves (most likely to the upside).
Targeting $300 at least. Might sell some at $250 to play it safe and lock in gains.
ZEC - First Target $1300Hi this is my new update for ZEC. We have finally broke one of the biggest resistance $170-175 in the ZEC chart and the MACD is turning green and we are getting the bullish momentum again. I expect we are going to fill the gap between $195-225 easily, but a pullback to test the big support level $170-175 is normal. If we break the resistance $230, the next one is $260, but all of the resistances after $170-175 they are not so strong so we can easily break those. My first target for ZEC is $1300 and I have chosen this price target because, if we take the fibonacci from the 12th May that ZEC crashed to the bottom 21th July, we can get a full extension fib 4.236 around $1300 and there are many other coins that they have already reached that point so we can do this too (easy 600% gains). Today we saw good signs for the coins that are lagging behind (Dash up 10%, EOS up 7%, ZEC up 14%, BCH up 11%, LTC up 17%), all I want to say is that the coins that are lagging behind, they are going to have their bullrun (ALTSEASON). So be patient and don't PANIC ;)
ZECUSDT Major Resistance Breakout!!ZECUSDT (1D Chart) Technical analysis
ZECUSDT (1D Chart) Currently trading at $183
Buy level :Above $180
Stop loss: Below $140
TP1: $215
TP2: $250
TP3: $305
TP4: $375
Max Leverage 2x
Always keep Stop loss
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MY MINIMALIST ANALYSIS FOR ZCASH$ZEC
10.30.21
2001H +8 SINGAPORE
THROWBACK THURSDAYS
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
THIS IS AN AREA OF OPPORTUNITY: ZONE FOR AN ENTRY ( PRICE ACTION OF ETHEREUM & BTC GREATLY AFFECTS THIS MARKET)
As the 2 superpowers will accumulate after breaking ATH, we can see ZEC RISE. Just prepare!
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, Fibs, Market Dynamics, and especially trading psychology.
Vive Le Austist!
Note: This CHART is best used without indicators.
Master your Trading Discipline
and Trader's Psychology
Zcash ZEC/USD
Signals:
Position: Long
Entry price: Limit order at 144,51
Target price 1: 173,88 (key price level
as there has both been support and
resistance at this level)
Target Price 2: 194,11
% gain: P1: 20% P2: 34%
Indicators:
DMI: The ADX line is showing a start of bullish momentum where the D+ line is showing a price move.
RSI: The RSI line is above 30 at 61,25 but slightly below 70 which indicates that the token is moving forward at a high pace and there might be signs of
the token being overbought.
Keltner Channels: The Keltner channels is showing that the trend is
going upwards. The price is at the mid to higher channel and indicates on
somewhat of a price strength.
Fear and Greed: This indicator would indicate that the market has extremely greedy investors and that the market is due for a correction.
Analysis:
The analysis indicated on bullish signals and a trending market and the Fear and Greed Index is showing a greedy investor climate, resulting in a consolidation period where there is a larger opportunity to make a significant trade.
An argument to be made for doing this trade is that RSI showing stronger signals and DMI is showing strong bullish signals.
This is not financial advice. Trade at your own risk.
ZCash Support Levels to DCA! I'm AccumulatingI'm very long on ZCash. It's bitcoin's main competitor and offers the privacy solutions crypto desperately needs. Basically bitcoin with fully shielded transactions, enhanced scalability, and much lower fees. It works much better as a p2p currency than bitcoin. It may not be big today, but that's what makes it the perfect coin to start accumulating. After all, the people who make it in crypto buy the hidden gems, not the coins already at peaks. My thoughts, not financial advice. But if you were looking to enter ZCash, these are the levels I would consider buying the dip at.
ZCASH:NEW BULLISH STRUCTURE|PULLBACK PROJECTION $200 LONG 🔔Welcome back Traders, Investors, and Community!
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ZCASH optimistic scenarioOptimistic scenario a channel is formed by a large up move
Of course this up move bars pattern is copied from the previous bull move, the only really comparable price action that we are likely to see
three green circles can be viewed as "three up" move
Not a fan of ZCASH but this TA suggests potential.. If you base your buys on TA.
Double bottom at $30 for ZCash. 2-6 months.Im currently biased towards BTC testing $2k to mid 2k's so ZCash seems likely to double bottom around $30-40 (also the ATH for BTC in 2011). ZCash will then have target prices of $900 (neckline) and $3k if double bottom forms. if $1k is breached quickly, we could see $5k-10k Zcash during next bull run.
The ambitions of ZcashMy Market Advisor generated a LONG entry signal at market price of 287 USD,
in retrospect, it is clear that large buyers have never stopped buying Zcash, so the recent sale, which was probably due to panic selling triggered by the decline in bitcoin, It was driven mainly by smaller investors who are now going back to buying.
Graphically seems to be actually configuring a head shoulders upside down so the graphical analysis confirms when anticipated by the advisor obviously the doubts remain on the timing of this recovery, but I’m trying to sketch a hand drawing to simulate what price action might be in the next few days.
If you want to see all the signals generated by Marketmiracle advisor in real time you can visit marketmiracleadvisor.com is a free service and does not require any type of registration.
ZCASH NOT OBSOLETEHello traders and trenders,
Here I present to you an undiscovered, forgotten X100 money maker with the same identical potential like Bitcoin (even better). Look at that volume "OMG".
I can´t see the future but I know risk/reward :).
Let me know what you think, or don´t...
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
Zcash Has Positive signsGood Day,
Zcash has a lot of positive signs going for it.
- MACD had a decent rejection of the Bears
- RSI comes from a fairly stable flow around the 50, which indicates potential in the market for upward movement
- DMI is crossing on 12HR timeframe
- Healthy correction from 16th April high
- Steady upward movement
- Testing $267 resistance with persistence
- If we count the waves Elliot, we just started the second wave in a potential five-wave movement
Larger time frame
- Strong candle forming on daily
- Correlation with BTC has to be factored in for sudden downwards movement. Even dough the market dominance is shifting away from BTC (could indicate different market behavior for bigger altcoins). There is a bunch of other factors that can substantiate a potential different market movement for the future (early days do).
- New people to crypto, might find the Threshold for 1 BTC high, which will help the psychological adaption of the trusted ALTS with store of value, payment, anonymous options
- MACD crossing bullish
- Good volume
- Fibonacci levels are good
Historical High: very early days $1600 - last boom $800, so decent long-term potential.
Fundamentals of the coins are strong enough
Chasing the trade can be dangerous, and atm it is breaking, which is never a point to enter(only with exp and caution)
None the less I am in, levels to watch and stop/take profit on the chart.
Good luck to you all!!
PRIVACY coins KILLIN IT.. ZCASH... retest me baby.... MAYBE...Food for yummy trading thoughts..... My recent picks with Monero and Dero.... premier privacy coins, were spot on.... NO APPLAUSE PLEASE... really, stop it, you're making me blush. This is the next pick... Here's a nice screener which sorts crypto by category.. Privately find your privacy coin.. perv... messari.io
BUT, wait for the " Moment of Change " for a retest at the previous high with a spike in volume (otherwise, you might get your trading trap in a leg). There was also a recent AROON, MACD cross... plus PSAR looking good.
For those lazy traders I put the numbers in there for you.... For you ambitious traders who like to do it yourself, why are you still reading this? Really, just stop now
ORIGINAL TRADER JOKES
Why aren't there more day traders driving school busses?
Because they're always getting Rekt!
$ZEC to moon and beyondUnified addresses are a game changer for Zcash!
The next gen is tech savvy. Where do you think these people would keep their money away from the prying eyes of governments, swiss bank accounts of which they have no control or the the blockchain with best privacy tech?
Based on fibs 60k is imminent in next 5-6 years!
ZCASH LOOKING BULLISH4HR Chart:
-ZCASH has retraced 80% - 100% since Jan-Feb.
-Showing good levels of support as it moves up.
-Continuous higher lows shows still in uptrend
-Nice gap between 10/50ma over 200ma
-Knocking on the $200 door and now making new highs.
Watching for retrace and potential buy setups.
Hope you all have a great day! Thanks for your time!
Please like and follow!
And remember, don't chase, retrace!