Zec
ZCASH Is Stuck between a Bearish & Bullish Trend!ZCASH is in a Symmetrical Triangle which means the Price has the chance to be Both Bullish and Bearish. No break out Has Happened yet So We Can not Determine the Trend Yet But It should Happen Soon. price in Bullish Scenario will be Reach around 140$ and in the Bearish Scenario It will reach 70$.
-ZCASH Is in a Symmetrical Triangle
-No break out
-Bullish Scenario:140$
-Bearish Scenario:70$
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Thank you for seeing idea .
Have a nice day and Good luck
ZECUSDT - SETUPZECUSDT's price squeezes at 89.7$ into a symmetrical triangle and reaches the apex. But the problem for Bulls is EMA21 lying at a critical resistance zone, if they succeed to break that level we may find a good upside but there is an equal probability that the price may break down to establish an undercut towards 86.0$ and then find the rhythm. Accumulation can be done in that zone. Good Luck
Zcash (ZEC) formed bullish BAT for upto 134% big moveHi dear friends, and welcome to the new update on Zcash (ZEC).
Previously on a long-term monthly view, ZEC formed bullish Shark , and we had a nice trade.
This time on a weekly time frame, ZEC has formed huge bullish BAT pattern.
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
ZECSince March 2020, the coin has gone from $17 to $370, which is more than 21 times.
The coin now looks bad, to put it mildly. The other day a triangle was formed, which if it breaks down, it will not be good for anyone. And it will break through, because the market is bearish.
The main supports:
The 90$ is already being tested and broken through, so there is strong weakness there.
The 50-70 zone is holding.
The fall was bought off at the upper line of this zone.
If it doesn't hold, too, we can go to the strong support line of $25.
Maybe OI goes higher and then Zcash ZEC price goes higher also"Privacy is the right to a free mind," Snowden said. "Without privacy, you can't have anything for yourself. Saying you don't care about privacy because you have nothing to hide is like saying you don't care about free speech because you have nothing to say."
ZCASH Can Become Bullish Even In This Bearish PatternIf We Observe ZCASH in Bigger Timeframes like Weekly, We can See That the Price Is in a Big Descending Triangle! So you Might Think to yourself that the Price is gonna Decrease,But there is a Bullish Sign as well! There is a Regular Bullish Divergence (+RD) On MACD which will Determine our Calculations. The Chance of being Bullish Is High So we can Safely Say that the price will Increase Soon & WILL break the Triangle. The Next Possible Resistance is around 280$.
-ZCASH is in a Big Descending Triangle (Weekly Timeframe)
-(+RD) On MACD will Change the Situation
-Price will become Bullish
-Resistance at 280$.