$ZEC getting towards load the boat levelsThis is one of my most bullish ideas for the next bull run. I've been waiting patiently for this chart to bottom and it looks like we're getting extremely close.
$ZEC looks like it needs to put in one more capitulation low before the real bull run of this charts begins.
I expect the final move to take price down to the $5-7 range and bounce from there to new highs. The move down will likely happen before the pivot in March 2024 and the new high will likely happen in 25 or 26.
Let's see how the idea plays out over the coming months.
Zec
Long idea on ZEC (experimental)This coin is holding a fairly strong down trend and so far the majority of shorts are here. But what will it lead to? (look at bitcoin), secondly, I'm counting on a mini-alt season that will allow this old man to grow. I can close the position as soon as I deem it necessary
ZEC USDT LONG SWING | ZECUSDT | LONG @ 29 - 31 | TP @ 31.5, 32, 32.5, 33, 33.5 | SL @ 26 | PATTERN = ASCENDING TRIPLE TOP BREAKOUT | COINBASE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
COINBASE:ZECUSD BITFINEX:ZECUST.P BINANCE:ZECUSDT BINANCEUS:ZECUSDT OKX:ZECUSD.P GATEIO:ZECUSDT BITGET:ZECUSDT.P KUCOIN:ZECUSDT
ZEC/USDT Had a Good Run |👀🚀 What's Next for ZEC?💎 Paradisers, focus your attention on ZECUSDT, which is showing a significant setup in the demand zone, enhanced by a recent Market Structure Shift (MSS). This arrangement indicates a high probability of a bullish trend.
💎 When we look at ZEC's pattern, Zcash has a history of breaking above its descending trendline, a sign of potential upward movements. Presently, it's facing a critical Bearish Order Block (OB) challenge, with consistent momentum above the EMA100, aiming towards supply levels at $42.
💎 However, given the dynamic nature of the crypto market, ZEC traders need to be prepared for various scenarios. Should the anticipated bullish surge not materialize, shifting to a rebound strategy from the support level at $28 will be crucial.
💎 A decline below this support level would call for a change in strategy, emphasizing the need to reevaluate the bullish stance and adapt trading approaches to new market conditions.
💎 Stay alert and tactically skilled, Paradisers. Your ParadiseTeam is committed to providing you with insightful analysis and guidance, ensuring you navigate these market conditions with expertise and make well-informed trading decisions.
ZECUSDT Assessing Bullish Potential in Current demand?👀 🚀ZCASH💎 Paradisers, turn your attention to BINANCE:ZECUSDT as it unfolds a key movement in the market. Trading in a demand zone, it is aligning itself for a likely bullish progression.
💎 Recently, #ZCASH demonstrated respect for the internal supply level at $34.76, encountering it for the third time before initiating a downward trajectory. Currently, It is holding above the trendline. An intriguing aspect to note is that despite facing strong rejections from the supply zone, $ZEC has not breached its previous low, hinting at a robust potential for an upward movement.
💎 However, in the ever-changing terrain of cryptocurrency trading, #ZEC traders must be prepared for diverse scenarios. If $ZEC struggles to maintain its bullish course and falls below the current demand level of $29.72, a change in market direction might be imminent. Traders might then need to adjust their strategies, focusing on a bullish resurgence from the support level of $28.61.
💎 Importantly, should #ZEC descend below this secondary demand level, it would necessitate a critical reassessment. Such a turn of events could suggest difficulties in sustaining the bullish trend, calling for a strategic reevaluation and adaptation of trading approaches. 🌴💰
ZEC/USDT Secondary trend -94%. Downward wedge. 29 11 2023Logarithm. Time frame is 3 days. Linear for clarity. Secondary trend that formed a descending wedge (bullish potential). This is all down -94% from last cycle's highs of $369.18 Halving (second one in history) will approximately be 17 11 2024. The chart for orientation to key resistance areas has shown the percentages that are very likely to be reached in 2024 (pardon my French).
Major trend. Time frame 1 month.
ZEC/USDT Major trend. 2 halving 17 11 2024. 17/160,18
Simplifying the complex is the key to success.
Simplifying the simple is a guarantee of misconceptions and mistakes.
The key to good work of a trader is knowledge and experience, which always leads to simplification of actions, not to complication !!!!.
ZEC/USDT Major trend. 2 halving 17 11 2024. 17/160,18Major trend. Large time frame for clarity. Old exchange Poloniex (low liquidity) due to long trading history to show everything clearly. As you can see with each cycle the highs are decreasing....
Cycles of life and death . This cryptocurrency is going into its third cycle. It will most likely be the last because of its anonymity. In a decentralized super centralized world, nothing can be anonymous! Am I wrong? States don't need anything anonymous. The demands of market regulation will “strangle” anything anonymous. But, this is later, and before the halving, which will happen on 17 11 2024 with a high probability they will pump up to 160.18$, and maybe even higher, if the card falls.
Saving "dirty money" when CBDC is introduced by banks . Some people think that when CBDC of central banks is introduced, through anonymous coins like ZEC, HMR and so on, big capital will "save" their shadow money. A fairy tale for school children. I have little faith in it. I think such money has been saved long ago. Although this story to create a news background as a reason to pump has a place ....
It's worth noting that BCH and BTC will first halve in April 2024.
News from Satoshi . By the way, "rumor has it" that closer to the summer of 2024, according to the plot of our crypto movie called good/bad, a new “Satoshi Nakamoto”. Will be announced, who will plunge everyone into “uncertainty of actions/consequences” in the market. Rumors also claim it will be the universally hated villain, Craig Wright). Do you think the role will go to another villain, Roger Ver? Or have these two characters already played out and the role will go to someone else? Or maybe the plot itself will be canceled? Perhaps. Time will tell, the manipulators can come up with anything, that's not the point.
Immunity from news nonsense. The main thing is to treat such "crypto stories", even if there is a real imitation of provability, with the utmost equanimity. Remember, no matter what is going on, it is all a hoax to capitalize on the direction of the trend. The news background that is created to accompany price movement.
Line chart.
Secondary trend. Timeframe 3 days
ZEC/USDT bullish horizons? 👀 🚀 ZEC Today analysis💎 Paradisers, turn your attention to ZECUSDT as it exhibits a notable trajectory, consistently maintaining momentum above the EMA, suggesting a heightened likelihood of a bullish trend.
💎 Our recent analysis indicates its touch on the descending trendline, now serving as a foundational support, prompting a bullish direction. An immediate projection suggests the asset might approach the supply level of 29.28.
💎 If the momentum remains intact, a subsequent challenge to the next supply zone is on the horizon, especially with its steadfast position above the EMA200, amplifying the bullish perspective.
💎 On the flip side, should the outlined scenarios not come to fruition, there's a potential for the asset to chart a bullish course from the 27.49 mark. However, any breach below this could pave the way for a descent to the support level.
ZEC/USDT Break the resistance or back to testing ?? 💎 ZEC has undeniably garnered significant attention in the market. Presently, ZEC is grappling with a formidable resistance area and encountering challenges in breaking through. The historical price data reveals a flash dump following attempts to breach this robust resistance. A successful breakout from this resistance zone, probability could pave the way for reaching our target in the near future.
💎 In the event of a failure to break through in the immediate future, there's a likelihood of a valid rejection, signaling a potential downward movement towards the demand area. This could instigate a new momentum to attempt another breakout.
💎 The unfavorable scenario unfolds if, during the retesting phase at the demand area, ZEC struggles to maintain its position and eventually breaches the demand zone. In such a scenario, ZEC would revert to a bearish movement, potentially retracing to the strong support demand area.
ZEC/USDT Need to Bounce from here or Downward is coming!💎 ZEC has undoubtedly captured our attention. Currently positioned in the demand zone, ZEC exhibits signs of a bullish rejection, suggesting a potential rebound to challenge the supply area once more. For a confirmed upward trajectory, ZEC must breach the supply zone. Successfully doing so, particularly with closing above, could indicate a strong likelihood of continued ascent toward the supply and Bearish OB zones.
💎 Reflecting on past movements, ZEC has shown resilience, bouncing off the demand zone but facing rejection near the supply area, leading to a price pullback and a retest of the demand zone for renewed momentum.
💎 However, there's a precarious aspect to consider. If ZEC falters and fails to maintain its stance in the current demand zone, it might breach the demand boundary, sliding down to the support zone. Here, it's imperative for ZEC to rally, reclaiming the demand zone to set the stage for another attempt at breaking through the supply.
💎 Conversely, a less favorable scenario unfolds if ZEC succumbs to the pressure and relinquishes the support zone. Such a development could set the stage for a further descent, propelling ZEC toward the critical support area, signaling a bearish undertone for its market trajectory.
ZEC will enter a falling phaseWe are in a large diametric that corresponds to the daily time frame.
The F wave of this diametric is over and now I think we have entered the G wave of this diametric.
Wave G is an abc, which looks like we are now in wave b.
This wave b seems to have turned into a bearish triangle now. The triangle has 4 waves abcd, which now seems to be in wave d.
After completing wave e of this triangle, we will enter falling wave c from G.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Zcash Kraken Perpetual Futures Pump Cycle HopeBrave, Electric Coin Co. (ECC), and Filecoin Foundation announced they have partnered to bring new innovations to the Brave ecosystem.
Brave revealed plans to integrate the Zcash protocol into its built-in crypto wallet following support from ECC.
The trio will also work together to roll out a new, privacy-based messaging feature on the browser.
Following efforts to further enhance its privacy schemes, Brave, a blockchain-based browser has announced a partnership with Electric Coin Co. (ECC), and Filecoin Foundation.
According to the announcement, the partners will work together to create cutting-edge innovations targeted at bringing new privacy features to the Brave browser and its integrated Web3 wallet.
ECC Empowers Brave to Integrate Zcash Protocol
As the platform behind Zcash, ECC's partnership with Brave will see the latter incorporating the Zcash protocol into its built-in crypto wallet.
Long Privacy Coin Leader: Monero XMR, Follower Zcash ZECLazarus Group, an infamous hacking group of an unknown number of cyber criminals allegedly run by the government of North Korea, currently holds more than $47 million worth of crypto assets in their wallets. The blockchain analytics provider Dune Analytics, which gathers on-chain crypto data and makes it accessible to the blockchain community, revealed that stolen assets include Bitcoin, Ethereum, BNB, and Binance USD, among other stablecoins.
Still, the current amount of stolen funds has dropped by $39 million compared to the $86 million the Lazarus-linked wallets held on September 6. The figure was noticed a few days after the online gambling platform Stake became a victim of the group and lost $55 million in the incident.
coinmarketcap.com
Revisit Grayscale Zcash Trust Privacy Crypto Scarce Supply ZECWe appear to be experiencing the late-stage of Grayscale Solvency FUD, Anti-Barry Silbert FUD, and peak macro-doomer saturation
If true then the trend could reverse and give opportunity for 100-400% upside. Take a Look at the performance of Grayscale ETCG from its 2018-2019 lows to highs that occured mid-cycle, pre-bull run (More than 500-600% gained)
Grayscale® Zcash Trust (ZEC)
(ZCSH)
Digital Assets
OTCQX US
TradeSet AlertAdd to Watchlist
$1.895
Today's Change
$0.205(+12.13%)
Bid/Size
$1.85/160
Ask/Size
$1.94/628
Today's Volume
4.9KAbove Avg.
Today's Range
$1.69$1.95
52 Week Range
$1.50$17.30
Today's Open
$1.69
Previous Close
$1.69
Quote as of 10:51 AM ET, 01/09/2023
Zcash about to Attempt to Go Turbo Mode ZEC $200 September?!The massive dump has been caused by miners liquidating. Levered futures players are also getting washed out
Our mission at Electric Coin Co. (ECC) is to empower economic freedom, and to that end, we contribute to and support a fair, open currency to protect the freedom, dignity, consent, and security of people all over the world.
Sensible policy guidance and education are at the core of our work with socio-political stakeholders, and ECC advocates that privacy is essential for personal, business, and national security. Our partner network in these endeavors includes think tanks, academic research centers, and nonprofits that provide thought leadership and advocacy for issues that affect Zcash users.
Zcash is compliant and fully compatible with global AML/CFT standards, including all final FATF recommendations, the European Union’s Fifth Anti-Money Laundering Directive, and the United States’ Anti-Money Laundering regulations. It is approved by the New York State Department of Financial Services (NYDFS), a key requirement for listing on major exchanges, like Gemini and Coinbase.
Zcash big picture. Is Prosperity in Our Future? ZEC DXY Long-term sustainability with the Zcash Posterity Fund
Nathan Wilcox | August 4, 2022
As we conduct research into Proof-of-Stake (POS) and develop a recommendation for Zcash, an outstanding key area is how the issuance schedule for new ZEC would interact with PoS security. In this post, we take a step back from PoS itself, and analyze how issuance and fees support long-term network sustainability. We introduce a proposal, which we call the Zcash Posterity Fund (ZPF), for modifying ZEC issuance in order to improve long-term financial sustainability of the network, while maintaining the 21M ZEC supply cap and approximate issuance rate. This proposal is independent from PoS or any consensus protocol recommendations and could be adopted with the current PoW consensus protocol with the same benefits and drawbacks. We will be gathering feedback from across the Zcash ecosystem about this proposal.
Why now?
We believe this proposal could be a beneficial precursor to three promising lines of development for ZEC:
Improvements to transaction fee mechanisms can use the Zcash Posterity Fund to improve resilience and predictability of the network.
A transition to PoS can rely on this proposal to ensure key properties of the supply and issuance schedule are preserved.
New functionality such as Zcash Shielded Assets can use this proposal for new fee mechanisms that have good incentive alignment for ZEC sustainability.
Because all three of these nascent improvements are underway, we want to float this proposal now to see if it can benefit all three efforts.
Additionally, this proposal introduces a way to direct funds towards sustaining the network into the future, so adopting the proposal earlier enables that funding mechanism to begin accruing value earlier.
Funding the network
The core innovation of Bitcoin which all cryptocurrency inherits is that the network funds itself. In Bitcoin, Ethereum, and many public crypto networks, the built-in funding is paid out to block producers. In Zcash, this funding is split between block producers and the Zcash Development Fund, which contributes to education, technology development, and other activities that support and enhance ZEC.
Generally, funding to support a network can either come from within the protocol itself, for example in mining rewards, or from other sources, such as when an organization has raised capital elsewhere and funds development work on the protocol or products.
External funding is important and can have a large impact. However, there’s no guarantee when or where these sources will appear, that these funding sources have incentive alignment with ZEC holders, or that they will remain as dependable sources of funding over a longer period. For all of these reasons, we believe it’s important for ZEC users to focus on maintaining or improving the intrinsic sustainable funding mechanisms in the protocol itself.
This post and the Posterity Fund proposal focus on the sources and amounts of network funding and are agnostic as to the recipients, so they are applicable to the current mining & Dev Fund structure of ZIP-1014, or future changes to infrastructure & development funding, consensus mechanisms, or other changes to funding recipients.
The Zcash Posterity Fund
We propose a change to the Zcash issuance system we call the Zcash Posterity Fund to help reduce uncertainty about the long term sustainability of Zcash while maintaining the key properties we believe most ZEC users prioritize. The proposal maintains these properties (along with their benefits and drawbacks):
The 21M ZEC supply cap,
A disbursement rate that continuously halves every four years,
A non-discretionary issuance rate.
Meanwhile, this proposal would change these high level features from the current Zcash design:
The halving epochs would be replaced by a smoothly declining disbursement curve,
Fees which deposit into this mechanism would be distributed over time in block rewards.
Zcash Posterity Fund definition
The specific high level definition of the Zcash Posterity Fund proposal is as follows:
If the proposal is activated, a new Fund would be entirely managed by the protocol. (There are no private keys, wallets, individuals, or organizations controlling this protocol-managed Fund.)
The initial balance of the Fund when created is equal to the number of not-yet-issued coins, or equivalently 21M ZEC minus the current outstanding supply.
Starting from the block of activation, the current block reward rules no longer apply, and instead block rewards come from ZPF Disbursements.
The proposal does not define the recipients of disbursements, which should remain unchanged if this proposal is accepted. Meanwhile, the proposal does restrict the amount of disbursement:
Disbursements may be no more than a fixed percentage, X%, of the Fund’s current balance in a given block.
The parameter X% is calculated from the block target time so that without any incoming Fund deposits, the balance of the Fund reduces to half over a four year period.
If future changes to consensus rules alter the block target time, or other aspects of transaction finalization timing, those changes must update this X% parameter to fit the “four year half life” rule to the best practical approximation for that new protocol.
Future consensus changes should not alter the balance of the Fund other than by instituting new deposits from the extant supply.
Future consensus changes should not increase the disbursement rate X% beyond the “four year half life” rule.
The final piece of the ZPF proposal is that it now becomes possible to transfer Funds from the circulating supply back into the Fund via Deposits. Future protocol-enforced fee mechanisms may require fees to do this. This base proposal is not specific to any particular deposit mechanisms.
Visualizing changes to issuance & supply schedules
If this change were adopted and there were no deposits, the disbursements would alter issuance away from halvings into a smooth curve. We can visually compare current issuance to disbursements without deposits for a hypothetical activation height:
Current issuance vs Zcash Posterity Fund disbursements.
This uses a hypothetical activation height after the second halving.
If there are significant deposits into the Fund, the slope of the disbursement curve would be increased above the line shown. In any period without deposits, the curve would continue to have the same rate of exponential decay with a negative slope.
The impact on the overall supply schedule in the absence of deposits is barely visible at a long time scale:
Current supply schedule vs Zcash Posterity Fund disbursements (w/out deposits).
This chart uses the same hypothetical activation height as the previous chart.
In the presence of deposits, the supply will always be equal or less than the line above. With sufficient deposits the supply growth rate can even become negative during that period.
The Posterity Fund and sustainability
The essential element of the Posterity Fund is to enable deposits from the circulating supply, which allows a feedback loop from current usage to future funding:
Comparing Tokenomics between status quo vs the Zcash Posterity Fund proposal
Both the status quo and this proposal have a capped supply of 21M. We can think of the proposal as introducing a single new element, deposits, which enable a feedback loop between the circulating supply and future funding.
This does not “solve” long term sustainability by itself, but it provides a framework that focuses the problem of sustainability on finding sufficient sources of deposits to maintain the network. If over longer time scales of years, the rate of deposits is equal to or larger than payouts, the system can run indefinitely. Meanwhile, if over shorter time spans of months or less, the deposits are below the payout rate, the protocol can weather that period for quite some time.
Sustainability of the status quo
So far the Zcash network funds itself using the Bitcoin design. New coins are issued on a schedule that approaches a limit of 21M units over time:
BTC & ZEC supplies over time
The issuance over time follows the Bitcoin halving schedule design:
ZEC issuance
CZ Binance Predicts The Start of Zcash ZEC BNB Bull CycleHeavy Long under $30.00 per ZEC coin and wait for $300.00 per coin to sell.
Financial privacy is important
Spend it, save it or send it to a friend. Unlike many other forms of payment, Zcash shielded transactions keep all your financial information private and in your control.
ZEC is in the purchase zone !!!The price is in the global purchase zone 34.83-16.24
Purchase level 25.26
+ In the sweet shopping zone 32.62-23.91
Level 27.93
Volume price 36.57
The price of the total volume is 62.90
So far, it gives the level of 43.82 and the adjacent zone!
While watching the buying zone!!!