ZEC - Zcash break out - Good Signal BUYZEC - Zcash long time downtrend, and now have a good signal for break out the trend with minor uptrend.
we can find a BUY zone around : 14900 ~ 15010 Sats; SELL target: 15850 - 15980 - 167000 Sats. Stop loss at under Support level: 13500 Sats.
Look at Signal and wait BUY more when Confirm break out trend realize.
@TrungVuz
ZECBTC
ZEC ready for another waveThink this goes up again for more % gains vs BTC, think BTC is still okay and going up itself so get to playing alts to make more! I think a higher high and see bear divergence on the oscillators, then a pull back to make a base around 50-80 fibs, then we have a bull year :fingercrossed!
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
ZEC/BTC BROKEN OUT OF TREND AND RETESTZEC has broken out of downtrend and retesting the trendline waiting for confirmation before entering but keeping an eye on it. Selling volume has decreased with buying increasing. Lower tf indicators look better than higher tf. Could be next to pop in the next few days.
Zcash (ZEC) Bullish Divergence + Early SignalsI am looking at Zcash (ZECBTC) on the request of some of my followers and I am seeing some early signals that are pointing to a pontetial breakout to the upside... Potential, because these signals are early which means that they can be easily invalidated.
The stronger the signal, the higher the chances that it comes true and price moves to where the signal is pointing.
Here I am looking at early bullish signals for Zcash (ZECBTC), hit like if you want to now and let's take a look at those together:
I marked bullish divergence on the MACD twice, this is the main signal we will be looking at.
The first arrow is purple and goes back to ZECBTC Sept. '18 low until the 8 March low. You can see the price moving lower while the MACD, line, and signal, are moving higher. The second divergence is the blue arrow.
These are good and strong signals but they haven't come into play, it can still go lower. So we are waiting/looking for a break above EMA10, with above-average volume to further support these signals and start a trade. ZECBTC might be looking bullish soon.
In the meantime, I stay away because ZECBTC tends to disappoint me about 80% of the time. Better choices out there.
Thanks a lot for reading.
This is a chart analysis shared for fun, learning, and entertainment purposes only. This is not a piece of trade advice, my trades contains buy-in, targets, stop-loss, and additional information... See an example here:
Thanks you for the support.
Namaste.
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
ZECBTC Long1-Technical analysis:
#Classic Analysis: Reduce the slope of down trend
price is in bottom of price channel
#Indicators: positive divergence & quality line movement to span A in Ichimoku
2-Position details:
*Entry: Trigger in buy zone
*Stop loss= 0.01274-0.01294
*Take profit 1= 0.01507-0.01527
*Take profit 2= 0.01643-0.01677
*Take profit 3= 0.02145-0.02258
*Profit/Loss ratio= 2 minimum (based on TP1)
ZEC – 5 steps to earn money. The beast has woken up.Hi Guys!
Not much going on the crypto market but we observed that ZEC has woken up recently .
There is a bunch of positive signals coming from the technical analysis:
• On the 12h interval, all EMAs (9, 21, 50, 100) are broken up .
• We touched the lowest price level over a year
• Ichimoku Cloud - The chart is over TenkanSen and KijunSen .
We are about to break up the cloud. GOOD.
• Weis Waves – a perfect combination . Decreasing supply and much demand.
• WBM BUY/SELL Indicator – it says the price is temporarily saturated.
The correction is expected .
Here are the levels of buy/sell (last peaks):
• 0.014880 (achieved)
• 0.016096
• 0.017000
• 0.019397
• 0.020959
• 0.021989
Manual:
• Wait when micro correction ends
• Reload on the given targets
• Always set your stop-loss at the last minimum
• Observe Tenkansen line (red) – if a new bar below this line, sell
• Follow our update
So that’s it.
It should be a safe and profitable trade .
Thank you for your time and reading.
Drop us a line in the comment section.
MASSIVE Hugs!
WBM Team