Zec
ZECUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price broke its resistance line and after a small pullback, it moved up strongly to the next resistance zone. The price can move down to the confluence of two supports and it will range between these two areas.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Potential Swing Bearish/Short ZEC UsdtTaking into account the current bearish nature of the market,most of the times those assets that tend to pump hugely without any logical reason except pump and dump scenarios, tend to crash the hardest as well.
I believe this asset is a strong candidate for this type of trading.
Key points:
Type of Trade : Short
Stop loss - 190 - 25% movement
Take profit - 90 - 40% movement
Capital used - 1% of the account for stop loss making a 1.6 profit factor trade in case of winning
Short ZEC Potential bearish tradeToday we have another good opportunity risk reward short entry, for this bearish market.
In this case I am looking at some anomalies(big pumps without a reason inside a bear market) and short them when I believe they are close to top/ATH
Key points:
Type of entry : Short
Take profit level 1 : 135
Take profit level 2: 120
Stops loss : 170
ZECUSDT - Resistance Breakout!ZECUSDT (1D Chart) Technical analysis
ZECUSDT (1D Chart) Currently trading at $140
Buy level: Above $137
Stop loss: Below $103
Target 1: $158
Target 2: $172
Target 3: $190
Target 4: $250
Max Leverage 2x / Spot Market
Always keep Stop loss
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ZEC's price action represents an interesting chart pattern The price of Zcash coin is in recovery phase after testing the 2022 year low several times.
The price action of ZEC is noticing the reversal head and shoulder pattern in context of the daily price chart.
Zcash coin price jumped above the leading span B-$113 of Ichimoku indicator, which has been a strong selling point for the past several days. But the bulls have to close the daily price candle above it. Furthermore, Leading Span A is at the $111-mark.
In terms of the daily price chart, the Stoch RSI is trending down after retesting the overbought zone. At the time of writing, the value of K is 45-points and D is at 46-points (denoting the phase to the side).
The Average Directional Index (ADX) is showing extremely weak bullish momentum for the Zcash coin on the daily price chart.
Investors are expecting a close of the daily price candle above the Ichimoku indicator for a sharp recovery. If the bulls breach the $140-resistance daily, the bears could bring the ZEC price down again
Resistance level- $140 and $175
Support level- $100 and $80
🆓Zcash (ZEC) Mar-04 #ZEC $ZEC
ZEC broke the downtrend and is continuing to move up from this $120 zone. In the near term, ZEC can move towards the $170 zone or even higher after breaking the $170 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 120$ zone
🔴Buy : 120
🔴Sell : 140 - 170
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 120$ zone
🔵Sell : 120
🔵Buy : 100 - 85
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Zcash vs Tether Bullish Hammer (90%+ Potential)We have hammers everywhere here... A bullish candle based on candlestick charts.
Notice the blue down trendline being broken today.
At the same time we have a bullish RSI as we go above EMA10.
I did it all for you once again.
Here we have the targets (in yellow) and support (in blue)...
Thanks for the support.
I am wishing you a prosperous week.
I hope you can achieve your goals.
If you are looking for money, I hope you make money.
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Thanks a lot for reading.
I've reached the limit for today.
Namaste.
ONE MORE DIP BE4 THE BULL IS BACK Crypto is like a mechanical bull throwing you every which way to get you to sell and quit. I believe we have one more panic attack across crypto before we hop into the next bullish level of this game. I expect btc currently 43k, I expect it to come down under 40k and the alts to bleed a bit more. We will see panic and doom and gloom again and then the true reversal will present itself.
ZCASH LONG TERM TREND LINE ANALYSIS This yellow line has been very significant since 2017. For the most part, overtaking this yellow line leads to bullish action with exception to that fake out and capitulation we saw from the March 2020 Covid dump. In the green box we see where this line has acted like significant support and the red boxes display it acting as resistance. The last dump dumped us under the yellow line with no bounce, acknowledgement, or F's given about that line. We have seen a kind of weak bounce and have faced one rejection from that line since the dump. I personally think we have another dump ahead, especially with the pending crypto regulation coming from our well respected Statesman and Commander and Chief, Joseph Robinette Brandon Jr. Before every major move up in the market we first see a flash capitulation dump. If we see another leg down I will expect significant selling to come in and maybe then we will see the bounce. I suppose my bearish bias is bullish sign given how treacherous the marker has been. If we break the yellow line expect what looks like a bull trap then turn into a beartrap on a retest of that yellow line.
What are your thoughts?
ZECUSDT - Bull flag pattern long positionZECUSDT Pair
The chart shows a bull flag pattern with a breakout and support retest.
For further continuation of growth, Bitcoin FLAT is also suitable for us!
Goals are indicated on the chart ☑️
Deal (SPOT) - Medium-term
ZECUSDT - Bull flag pattern long position