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Zec

ZECUSDT 1HThe ZEC has gone after its November 21st bottom. It has formed an LTB (downtrend line) but has already broken out and is heading back towards the median of the Keltner channel at 37.1. The target is at MM100 at 38.6, but first needs to break through the 37.1 channel median, 37.6 upper edge and the subsequent resistance at 38.3. the Prognostic is positive as she reached her bottom and returned. Privacy ZEC, was built on the original Bitcoin codebase, however whereas BTC and other altcoins expose the user's financial history and current holdings when making transactions, Zcash protects transactions by obfuscating the user's personal information. Here are the supports and resistances: S: 36.6 / 36.5 A: 37.1 / 37.6 / 38.3 / 38.6
Long
by ferulianov
ZEC USDT | 30% potential!#ZEC/USDT 🟢Entry price: 45.3 - 47 🎯Targets: |> 51.3 (Sell 40%) |> 53.1 (Sell 30%) |> 58.8 (Sell 20%) |> 63.8 (Sell 10%) 🔴Stop-loss: 42.4 (1D candle Close under it) ➡️Recommended risk: 0.5% ➡️Recommended Position Size : 5.56% please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money. stay safe and trade safe thank you!
by Khaledzu
Zcash Prepares To Grow vs Bitcoin (26% to 94% Potential)Zcash (ZECBTC) print a low in January 2021 and is now in consolidation mode. Let's read this chart. We have higher lows long-term but also lower highs, which is the consolidation pattern. In October 2021 we had a hammer candlestick on the weekly timeframe which marked the low of the wave. Now, after more than a year, another hammer shows up, November 2022, which can signal the same. We have two main targets on this chart and timeframe... Let's have three: 1) 0.003200 (26%) 2) 0.004190 (66%) 3) 0.004890 (94%) These are just rough estimations but they are good for the short- and mid-term. Thank you for reading. Namaste.
Long
by MasterAnanda
2
ZCASHI would like to talk about ZEC, because in my opinion it is one of the most promising coins for the next few years. Let's find out why! ZCash refers to anonymous coins. It works on ZKP protocol. ZKP protocol works on principle of proof of some fact, provided that information about you does not get to the second person. Here is an example of how the ZKP protocol works in real life, if the government agencies would work on this protocol. When you give your driving license to a traffic cop, he does not see any information about you, but knows that you are the owner of the license and it is valid. And the most interesting thing is that other traffic cops and members of the public do not see that you are being checked. ZCash works on roughly the same principle as in this example. Unlike a number of other coins, this method presents real privacy benefits. If you use bitcoin, as long as you don't follow the "privacy rules", your transaction chain can be unraveled very quickly. With ZCash it's just physically impossible to do that, because all data is encrypted by ZKP protocol, and in simple words it gives out "true or false" on certain request, keeping data confidential... Technically, this coin is almost at the very bottom, of course, it looks weak because of the breakdown of the triangle downwards, but I consider it a plus, because it will be more profitable to buy!) From the fundamental: ZCash has one of the most progressive development teams, whose creator communicated with Satoshi Nakamoto personally on the forum, and offered the solution to bitcoin privacy problems. Next year, the ECC will release a fully supported open-source mobile wallet in the iOS and Android app stores. The second halving of the network will take place in 2024!
by VGBlogInvest
Weekly support has been completely broken!ZEC has been falling in price over the past few weeks with selling pressure building across the market, and the currency's weekly support range of $45-$50 has been completely broken, turning into resistance. As you can see, in the past, there was a descending channel for the price; the extension of this channel and the selling pressure led the price to the second descending channel. Also, the two support levels that we considered at the prices of $41 and $36 have been associated with a very positive reaction in the second range. The price of this currency has returned to the first downward channel, and if the short-term and favorable market conditions continue, there is a possibility that the price will meet the specified resistance and creates a range trend below the resistance. According to the good return observed on the RSI, if it hits the support level again, the potential for a positive divergence and formation of trend change signs is high.
by MonoCoinSignal
5