💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (118.5).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 129.4
TP2= @ 134.7
TP3= @ 140.8
TP4= @ 145.5
TP5= @ 150.0
SL= Break below S2
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Zec
Zcash versus Dollars on the Pononiex Crypto Altcoin ExchangeSupply side will dry up when the Electric Coin Company confirms the conversion to Proof of Stake
Proof of Work miners will be triggered into Holding their coins in order to claim stakes in the future, rather than liquidating them on the market
Zcash will also roll-out an upgrade to Have Transaction Privacy by Default, transparency as an opt-in feature
Lastly the Breakthrough protocol upgrade to RZKSNARKS - Recursive Zero-Knowledge Succinct Non-Interactive Argument(s) of Knowledge
3,550 new zcash emitted daily, inflation by % is 11, inflated global 24-hour volume remains near 250-400 million dollars
the current circulating supply is 11.7 million ZEC, by the end of the year it will be 12 million
Price Target is $990 to $1770 within 90 days
ZEC ZCash Bullish divergence + 1st Higher Low on DailyWeekly: After an extreme drop, price went below -1 ATR, but by the looks of it, it seems it is about to close above 1 ATR level. If so, it will become a nice setup on the weekly, which I will provide a setup for, when that sets up. The impulse is still red, but when I peek at the setup of 3 days, I see it's blue already, and with crypto I cheet with this factor sometimes as it is so volatile.
I expect this to close above 100$ 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
Privacy Narrative 2022 Zcash Defends against Threatening LowAll upward price potential for ZEC-USD is predicating on Bitcoin reversing off of the low $30,000 area and then making another ATH rally in spring and summer of 2022
Barry Silbert remains in Zcash
Electric Coin Company has a committment to Deliver the Network Upgrade in Mid-April
ZEC is Approaching Near to Multi-Year SupportThe Back Ground and Multi-Year Trend Line
After making an ATH of 370$, it shed almost 77% of its gains, a massive downward move. It almost loses 92 of value which is gained in the bull run. And after that, in the next attempt, it again touches the 305$ level, and history is repeating itself; it's near to shed 92% of its last bull run gains. On the downside, a multiyear well-established ascending trend line holds the price upward, and the price is rejected from this level five times, which proves its strength. Furthermore, RSI is near the oversold level, and it bounces back every time it comes to this level. Lastly, it's trading within a wedge, and the price is hovering near the support zone.
Point:
Price reaches the multiyear support, which is also a lower level for the wedge. RSI is hovering near the oversold level, and every time in the past, we see a bounce back from this level, and the bull run starts from here.
Pay Attention
It will be a good buying opportunity when the price visits the 0.40 level but pay close attention to the daily close; it should not breach the lower level. Rejection and its confirmation from this level open the doors for a new medium-term bull run that leads the price to TP1 (280$)
Risk / Reward and Holding Period
On the downside, the only risk is BTC breaking below $40K that can pull the price of ZEC below its multiyear support line. Instead of stop-loss DCA is recommended @ 80$, well there are few chances that it falls to this level. Hold it for atleast one quarter to get Return where the first target is 280$
It is not financial advice; always do your research.
Please, feel free to ask your question; write it in the comments below, and I will answer.
$ZEC/USDT 3D (Binance Futures) Adam & Eve breakout and retestZcash is pulling back towards 50MA support where it is very likely to bounce and resume the up-trend.
Current Price= 171.00
Buy Entry= 170.90 - 153.90
Take Profit= 227.44 | 305.44 | 420.52
Stop Loss= 129.65
Risk/Reward= 1:2 | 1:4.38 | 1:7.91
Expected Profit= +40.14% | +88.19% | +159.10%
Possible Loss= -20.12%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 7 months
Website: z.cash
Contracts:
#Mainnet
#BEP20 0x1ba42e5193dfa8b03d15dd1b86a3113bbbef8eeb
#BEP2 ZEC-93E
ZECBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We have a resistance line which the price hit 3 times and could not break it. Currently we have had a support line which has bounced the price back up. If the price receives support here it will move up to R1. But if it breaks S1 it will move down to S2. Those who want to take risks can buy it here for R1 but if you want to be more secure in your trade you can wait for it to come down to S2 and then buy it.
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
💡Don't miss the great buy opportunity in ZECBTC @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.003339).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 0.003707
TP2= @ 0.004074
TP3= @ 0.004373
TP4= @ 0.004700
TP5= @ 0.004944
SL= Break below S2
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💡Don't miss the great buy opportunity in ZECBTC @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.003339).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.003707
TP2= @ 0.004074
TP3= @ 0.004373
TP4= @ 0.004700
TP5= @ 0.004944
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZECUSDT Triangle formation!ZECUSDT (1H Chart) Technical analysis update
ZEC/USDT currently trading at $153.9
zec forming symmetric triangle in 1h chart, if triangle breakout we can expect up move in zec.
Buy level: Above 154.5 (only buy after symmetric triangle breakout
TP 1: $158
TP 2: $163
TP 3: $170
TP 4: $180
Stop loss:$146
Max Leverage: 2x
Almighty Pushuponly
ZEC Long Overdue
The narrative is simple - there is none. ZEC is and will always be the most forefront in privacy based currencies. If you believe in brand and originality like most do with BTC not losing its top spot - then you can believe ZEC wins out in privacy. Privacy will become a global trend for the next 10+ years. in this you will see demand for a privacy currency that caters to real life transactions.
Trade the hype on most of the market and stack ZEC with 25% of your profits and you will not be disappointed.