ZEC Moving(+), predictions...Here I go into a detailed overview of how I use the RSI to visually recognize crosses , to forecast price fluctuation.
I also go into a bit of detail as to how I believe ZEC is going to be playing out in the coming 1-2 weeks.
Be prepared to be long in the short-term, with vigilance as ZEC readies itself to hit its historic downtrend rolling on south from about a year ago.
Zcashusdt
ZEC ready to dump! BE PREPAREDZEC has had one incredible run up to the T200 mark.
However, as I stated in a previous video today: ZEC poised to be trapped within it's descending triangle from over this past year. Zcash is in a historic downtrend right now.
-Note the RSI in purple at the bottom of the screen
-As I pull back to look at the daily ticker, you will notice that the strength index has progressively gotten more and more saturated throughout this hyper positive trend
-Any RSI that saturated and just... straight-up -wettt- is going to finally get overstimulated enough to want to tap-out.
New traders : MAKE SURE you take the time every once in a while to pull back on a daily or even weekly ticker and ident your positive or negative overall trends for a token.
🚨 ZEC Beware 🚨 @~T200 Quick video detailing the fact that ZEC will meet strong resistance once meeting the downward trend at some point in the coming months.
(ZEC will drop back to it's weekly pivot)
Make sure, before you start poppin' cherries on hot tokens you'd never charted/hadn't charted in a while, look back at the daily and make sure you're not going to get shanked at the historic down-trend.
ZEC ZCash Bullish divergence + 1st Higher Low on DailyWeekly: After an extreme drop, price went below -1 ATR, but by the looks of it, it seems it is about to close above 1 ATR level. If so, it will become a nice setup on the weekly, which I will provide a setup for, when that sets up. The impulse is still red, but when I peek at the setup of 3 days, I see it's blue already, and with crypto I cheet with this factor sometimes as it is so volatile.
I expect this to close above 100$ support. sRSI is maximum oversold and EFI is ticking up
On the daily we have a nice bullish divergence, and a higher low, which shows a rejection candle, and from there it ticks up. The bullish divergence is on both MACD-H and EFI. sRSI is already rising up and nog overbought. I expect prices to reach between the slow EMA and 1 ATR level.
stop 88,21
entry 98,5
TP 1 111,35
TP 2 115,84
I phase out in parts, therefore I set 2 target profits. But I prefert TP2 here, as this is only on 0.5 ATR, but I have to check the background of the crypto market, as we're in a bear market currently, I am therefore conservative.
PS
The arrow should point to that wick, after the bullish div, but Tradingview morphed the graph somewhat
Trade 2022#002
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 Bullish RoadmapZcash can coexist with bitcoin. It SHOULD replace bitcoin, it probably won't, but even if it doesn't it will likely start to out perform bitcoin.
Zcash has performed poorly because it had massive inflation comparative to bitcoin. It still does 11%, but exactly like bitcoin has decreased inflation through the halving event so has zcash and it will continue to do so of course.
Zcash is a good buy in 2021 and the next few years as I expect it will massively correct against Ethereum and Bitcoin.
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.
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 is a very promising crypto to invest its capitalTechnical analysis regarding the price of ZCASH in relation of dollar Tether for the next scenarios, based on daily movement.
Financial volume coming in and causing the price to rise, the RSI is following this sharp upward movement in the price of ZCASH, which has been well valued in recent days and which is a good bet for making your capital profitable. Price can fetch such a projection, based on Fibonacci levels.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
ZECUSD a massive bullish setupHey friends, hope you are well, and welcome to the new update on Zcash.
Previously I have posted the article when the price action of Zcash formed a big bullish Gartley and so far it has produced more than 122% rally:
The long-term up-channel:
Now on the weekly chart, the price line of ZEC is moving in an up-channel and reached at the resistance, in the meanwhile, it has broken out the 25, 50, and 100 simple moving averages on the weekly chart as well.
A big bullish Shark move:
Now the price action of ZEC has formed a bigger than the previous Gartley pattern on the monthly chart. the price action cannot enter in the negative zone therefore it is not possible that the price action may move more down up to 1.13 Fibonacci retracement level. The priceline of ZEC has found firm support at $20, therefore it can be considered as a maximum extent of potential reversal zone area.
Big bullish Butterfly:
Zcash with Bitcoin pair on 2-week chart has formed a very big bullish Butterfly pattern and entered in the potential reversal zone. This potential reversal zone is very vast and in the Bitcoin market, the ZEC has no significant long-term support as well, however, it is likely to find a trend line support on the weekly chart. Therefore we should be looking for two major signals to buy the ZEC within the potential reversal zone of this butterfly pattern. First, we can wait for the exponential moving average 10 should cross up the EMA 21 on this weekly chart.
Secondly, we can use look at the Ichimoku cloud on weekly chart and wait for the conversion line to cross up the baseline. After these two major signals, we can place our buying orders in Zcash with the Bitcoin market.
Conclusion:
The price action has formed the biggest harmonic pattern in its history. Therefore there are strong chances that in long-term it will achieve the highest price in its history as well.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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#zecusdt #zcash#DAILYHi guys..its the latest analysis chart of zcash in daily time frame.zcash in near strong resistance .if break u can get position same as the chart .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
Zcash formed bit Shark for upto 2250% bullish rallyHi friends hope you are well, and welcome to the new update on Zcash.
On long-term monthly time period chart, the price action of the ZEC has completed the final leg of the bullish Shark pattern and entered in potential reversal zone.The price action cannot enter in the negative zone therefore it is not possible that the price action may move more down upto 1.13 Fibonaicc retracemtn level. The priceline of ZEC has found a firm support at $20, therefore it can be considered as a maximum extent of potential reversal zone area.
Possible profit and loss ratio:
This trade has a huge profit possibility of 2250%, and the loss possibility is 74%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com