#ZEC/USDT LONG#ZEC
The price has been moving in a bear flag since July 2022
and we are about to break that pattern by breaking the downtrend
Supported by oversold on MACD
Current price 31.24
First goal 42.94
Second goal 53.25
Which represents 180% of the current price
This rise is supported by the break of moving average 100, and you must pay attention to the correction points on the chart
Zecbitcoin
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
ZECBTC Update: Profit=8750 SL=1990 Reward/Risk > 4.4:1 Trade Setup summary:
Profit targets=8750 pip (750 + 1250 + 1750 + 2050 + 2950)
Stop Loss =1990 pip
Reward/Risk > 4.4 : 1
Current Status:
Total Profit: 1924 pip
Closed trade(s): 1924 pip Profit
Open trade(s): 0 pip Profit
Trade Setup:
We opened 4 BUY trade(s) @ 0.005494 based on 'previous Forecast' at 2020.06.21 :
Closed Profit:
TP1 @ 0.005600 touched at 06.23.2020 with 106 Profit.
TP2 @ 0.005800 touched at 06.23.2020 with 306 Profit.
TP3 @ 0.006100 touched at 06.24.2020 with 606 Profit.
TP4 @ 0.006400 touched at 06.24.2020 with 906 Profit.
106 + 306 + 606 + 906 = 1924
Technical analysis:
. ZECBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support lines again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP1= @ 0.008000
TP2= @ 0.008500
TP3= @ 0.009000
TP4= @ 0.009300
TP5= @ 0.010200
SL= Break below 0.006852
❤️ 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!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZECBTC Update: Profit=8750 SL=1990 Reward/Risk > 4.4:1 Trade Setup summary:
Profit targets=8750 pip (750 + 1250 + 1750 + 2050 + 2950)
Stop Loss =1990 pip
Reward/Risk > 4.4 : 1
Current Status:
Total Profit: 1924 pip
Closed trade(s): 1924 pip Profit
Open trade(s): 0 pip Profit
Trade Setup:
We opened 4 BUY trade(s) @ 0.005494 based on 'previous Forecast' at 2020.06.21 :
Closed Profit:
TP1 @ 0.005600 touched at 06.23.2020 with 106 Profit.
TP2 @ 0.005800 touched at 06.23.2020 with 306 Profit.
TP3 @ 0.006100 touched at 06.24.2020 with 606 Profit.
TP4 @ 0.006400 touched at 06.24.2020 with 906 Profit.
106 + 306 + 606 + 906 = 1924
Technical analysis:
. ZECBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (0.007250) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP1= @ 0.008000
TP2= @ 0.008500
TP3= @ 0.009000
TP4= @ 0.009300
TP5= @ 0.010200
SL= Break below 0.006852
❤️ 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!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZECBTC UPDATE 990410ZECBTC UPDATE 990410
The probability of a fall is higher, but eventually the numbers 61 and 65 will be seen.
Don't miss the great buy opportunity in ZECBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00539). 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 Resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.00560
TP2= @ 0.00580
TP3= @ 0.00610
TP4= @ 0.00640
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!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZECBTC formed bullish BAT | A good long opportunityZcash is one of my favorite digital asset who gives short term trading opportunities almost daily for the day traders.
Currently being traded below exponential moving averages 10 and 20 with Bitcoin pair on day chart.
On short term 2 hour chart after a successful formation for bullish Shark pattern the ZEC moved up from potential reversal zone and now the price action has formed a bullish BAT pattern and at this time the priceline is floating in potential reversal zone of this BAT pattern.
Let’s dig this pattern deeper to examine how perfect this pattern is formed:
After completing the initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time from this area.
The Indicators:
We can use different indicators to get help enter this trade like the moving average convergence divergence (MACD) is strong bearish and stochastic is in bear cross so we can wait for MACD to turn weak bearish from strong bearish or stochastic to give bull cross then place our buying orders.
The Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: 0.006296 to 0.006273 sats
Sell between: 0.006350 to 0.006431 sats
Stop Loss:
The potential reversal zone of this pattern can be used as stop loss in case of complete price action closes below this level.
This is short term trading idea not a long term idea, I will be keep posting more trading ideas
ZECBTC Is Forming Bullish BAT Pattern | A Good Long OpportunityWorld's 25th ranked cryptocurrency Zcash (ZEC) with Bitcoin pair is forming bullish BAT pattern and expected to enter in bullish potential reversal zone soon.
Lets have a look on the ZEC price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection (here at B to C leg I have ignored some extra spike coz all other legs are driven perfectly as required for BAT) and final (C to D) leg is suppose to be retraced between 0.786 to 0.886 Fibonacci for a perfect bullish BAT and then the price action will be entered in potential reversal zone of this bullish BAT pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: 0.00699352 to 0.00692279 sats
Sell between: 0.00716236 to 0.00741433 sats
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
ZEC/BTC TA Update (Pump and Dump?)ZEC/BTC
ZEC pump over 90% from Swing Low up to 7000 sats area without even resting at 200D MA.
This coin hasn't built any support during its uptrend and I won't be surprised in the future if the price will drop drastically back to 200D MA.
I don't recommend opening a bids order as the RSI hits extreme overbought conditions.
Wait for a pullback at key support area, Do not FOMO today.
ZEC bullish run has much more leftMulti-timeframe showing a clear bull run with key resistance level broken 2 days ago. Despite, the healthy pullback from what likely would have created an over-extended run. The correction not only brought back experience/successful traders/investors. It is helping provide the necessary strength in what very likely will be strong support in the near and/or distant future. Bulls continue the buying spree and who can stop them. The longer timeframes printing the infamous "bull-flag" that is widely used within the crypto communities. This, undoubtedly, will continue to bring new bulls. Despite, the fact resistance broke and ZEC does have a clear path to its next level(s). Baring, of course, any volatility and/or sudden bull rush in BTC. The tight range-bound BTC has been at; does help BINANCE:ZECBTC amplify the case for the title (of "much more left) of this analysis.
ZECBTC a strong breakout expected | Upto 1062% profit expectedThe ZEC is moving within a pennant since feb 2017 and at the bottom of pennant we can see the MACD has given strong bull signal moreover the RSI is already oversold. The price action can breakout the pennant from here insha Allah very soon.
The targets are:
Sell betwen: 0.061458 to 0.118045
Regards,
Atif Akbar (moon333)
There is a trading opportunity to buy in ZECBTCMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm.
Technical analysis:
The RSI support #1 at 46 is broken, so the probability of beginning of uptrend is decreased.
A peak is formed in daily chart at 0.01528 on 04/01/2019, so more losses minimum to Trend Hunter Buy Zone (0.01330 to 0.01250) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 48.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0133000 to 0.0125000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0133000)
Ending of entry zone (0.0125000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01490000
TP2= @ 0.01685000
TP3= @ 0.01970000
TP4= @ 0.02140000
TP5= @ 0.02335000
TP6= @ 0.02970000
TP7= @ 0.03485000
TP8= @ 0.04375000
TP9= @ 0.05645000
TP10= Free
There is a trading opportunity to buy in ZECBTCMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm.
Technical analysis:
The RSI support #1 at 46 is broken, so the probability of beginning of uptrend is decreased.
A peak is formed in daily chart at 0.01528 on 04/01/2019, so more losses minimum to Trend Hunter Buy Zone (0.01330 to 0.01250) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0133000 to 0.0125000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0133000)
Ending of entry zone (0.0125000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01490000
TP2= @ 0.01685000
TP3= @ 0.01970000
TP4= @ 0.02140000
TP5= @ 0.02335000
TP6= @ 0.02970000
TP7= @ 0.03485000
TP8= @ 0.04375000
TP9= @ 0.05645000
TP10= Free
There is a trading opportunity to buy in ZECBTCMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01330 to 0.01250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01330)
Ending of entry zone (0.01250)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Price Action Lesson 3: Hammer, The first sign of beginning ...
Take Profits:
TP1= @ 0.01490000
TP2= @ 0.01685000
TP3= @ 0.01970000
TP4= @ 0.02140000
TP5= @ 0.02335000
TP6= @ 0.02970000
TP7= @ 0.03485000
TP8= @ 0.04375000
TP9= @ 0.05645000
TP10= Free
There is a trading opportunity to buy in ZECBTCMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm.
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 31.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01380 to 0.01310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01380)
Ending of entry zone (0.01310)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.01685
TP2= @ 0.01970
TP3= @ 0.02140
TP4= @ 0.02335
TP5= @ 0.02970
TP6= @ 0.03485
TP7= @ 0.04375
TP8= @ 0.05645
TP9= Free