Zcashusd
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!
Prepare $$$ for ZCASHPossible flag in progress and possible fake trend line breakout!
Entry Level: between the Support 1=121USD (also the H4 0.618 FIB) and Support 2=118.2USD (also in the Trendline zone);
Take Profit: 146USD - below the Resistance Zone
Stop Loss: 113USD - below the next support zone
Good Luck!
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 around $95 could be the spot! ZEC popped with the rest of the market early Monday as the crypto market got a resesitation shock. ZEC news recently has been promising and the price hasn't really reflected this, which is normal as we are in a bear market.
We also have the possibility of a Coinbase listing in the near future so picking some up could be a good idea on a dip near the $95 area.
Annotation on the chart!
Thanks guys
ZCash: The Final Frontier (Does Support Hold or Break?) Hey, everyone; so I'll explain to you all below why I'm actually very neutral on ZCash.
As you can see from the picture above, the price has been getting throttled as of recent.
However, more importantly, the price is nudging right up against a really solid support for Zcash.
Now, if the support can hold and the price bounces from here, then the gains will more than likely be decent.
However, if the support breaks, that’s probably going to be a problem.
Remember, this is on the daily chart.
A Positive Sign on the Chart
One positive sign is the fact that the RSI is entirely oversold at this point and its on the support.
This is positive because:
a) It means that (based on prior price data), the RSI is indicating to us that the bears have potentially reached their max threshold on $ZEC and may be ready to ease up.
b) At some point, the momentum will carry back upward, which will result in an increase in the price. How much? Who knows.
So, the setup looks good.
EMA Indicators
The good news (for bulls) in the chart above is the fact that the EMA indicators (on the daily) are far above where the price is now.
The nearest overhead EMA indicator (EMA-12), is sitting at $174.85 currently, which is +10% over the current price, giving it room to move.
Of course, what’s bearish about this setup is the fact that the EMA-50>EMA-26>EMA-12.
That’s actually about as bearish as it gets.
Conclusion
The price doesn’t seem to really be responding to any fundamental news surrounding Zcash.
And based on those technicals, it’s almost impossible to make a serious inference about the price action of $ZCash until we observe the price either bounce or fall below the support point that it is at currently.
ZEC/USD - Short (short-term trade)After triple top, there is time for a little correction. We have touched 3rd time green zone, but now, the market has no power to make close over the green zone.
We can see a MACD and RSI bearish divergence. The value is getting higher (top), but the indicators are getting lower. They are making a lower lows, but the market has marked a new top at the level 232 USD. This is a strong bearish signal, here are the instructions.
Short zone: 225-214 USD
TP:1) 210 USD
2) 200 USD
Stop Loss: 233 USD
There is a trading opportunity to buy in ZECUSD Technical analysis:
. ZCASH/DOLLAR is in a downtrend 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 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (164.00 to 142.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (164.00)
Ending of entry zone (142.00)
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:
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