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ZECBTC

ZEC/BTC analyses Hello Traders, In the long term chart, we can see that the price just broke the long term Resistance line, and starts to acumulate above the Resistance witch a good sign for the bulls. On the daily chart we can see that this acumulation is Bullish Retangule, and the price just touche the support of the and the bulls shows up, and we have a buying pressure on this area, and we are forming a Hammer Candlestick pattern, witch is sign for trend reversal On intraday timeframes we have this short term Resistance above 0.0060 sats If the price breaks this resistance we have a lot of possibility to test the top of the retangule Please, push like button and follow us to receive more recommendations like that.
Long
by MarketMinds
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
Long
by moon333
Zcash Super Strong | Next Target Mapped + Support LevelsHere we have ZECBTC (Zcash), one of the strongest altcoins within the cryptocurrency markets. We can look at multiple signals here starting with EMA300 (grey line). This level is working as resistance and stopped ZECBTC from growing... This is clearly marked on the chart. If EMA300 can be conquered, we will see prices flying up fast. But if instead EMA300 is too strong, we will see ZECBTC retrace and test the lower support (EMA200/EMA50). The ascending triangle in light blue is another bullish signal on this chart. With such strong consolidation, prices are likely to continue straight up. If we look at the long-term chart, this is only the beginning and there is room for much more growth... Charts below: Dec 5, 2019 | Zcash Starts To Go Bullish, Lots Of Potential For Growth Jan 13 | Zcash Enters Bull Phase, Huge Volume, Gaining Momentum Thanks a lot for reading. Namaste.
Long
by AlanSantana
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.
Long
by moon333