ZEC BTC BEST BUY ENTRY POINTS
Zec against BTC now is situated into a Triangle where:
-Stoch is overbought 89+ and soon will be a bearish divergence here
-MACD it-s still in negative zone,they have room to go up till neutral zone(0) is bearish
-RSI 52 and still droping
Wait for LONG ENTRY:
IF BTC make a breakdown we will have the opportunity to entry long in zec at these supports:
1) 0.016000 sats is a strong 1D support.
2) 0.012000 sats for a nice double bottom ,this is also a fibonaci 78.60% support
IF BTC will going up,we will entry at 0.0169 which is the resistance of triangle
In any case,they will drop
ZECBTC
ZEC pivot of doom? ZEC has been on a tear recently after bouncing off the 0.016 level but has hit a brick wall on its way back up to the supply block around 0.0207.
We still have a CR UP printed on the Daily chart BUT an orange pivot candle seems to have appeared today, which as previously shown, could spell some downside for ZEC here. Obviously, we would need the candle to close like this before getting to any conclusions but this is a warning sign.
The fast-moving EMA has curled upwards but the slow-moving still trends slightly down as it remains resistance.
We currently are sitting right on top of the demand zone so as long as we hold here, we could expect that the uptrend will continue especially with the possible Coinbase listing in the near future.
Thanks guys
ZEC-BTC Binance - bearish divergenceChart is self explanatory. ( I don't like ultra cluttered noob charts with every indicator )
On 4 hr chart we can see a higher high on price action but a lower high on RSI aka - bearish divergence
So you can sell your zcash (if you wish :) and buy back at 0.017428 around 6.5% profit.
Stop loss above 200MA.
Remember this is a swing trade so it may take some time and could get affected by BTC volatality.
If you have any questions ask in comments.
Happy Hunting.
Note- This is not a financial advice trade at your own risk.
ZEC/BTCWill immediate support hold or do we need a typical Fib retracement?
Bullish factors: 9 ema above the 20 ema, rsi above 50, macd bullish, cci above 0 so if the 55 ema hold we should see higher highs.
Bearish factors: Under some pretty nasty bearish divergence currently but that would be negated if price breaks higher than the 0.27 Fib extension level.
If 0.017 fails and we continue making lower lows I'll be waiting for new support levels to watch.
ZEC is going to MOON! 100% Potential UpsideBITFINEX:ZECBTC is looking PRIMED for a large expansive move to the upside. After retesting the all-time-low which is confluent with the demand zone, and a capitulatory volume spike, this is about as good as a bottom indicator as I can possibly envision. This combined with a hidden bull divergence on RSI increases my confidence even further.
To add some icing to the cake, Coinbase will most likely be listing ZEC at some point in the foreseeable future. This will be the first privacy-centric coin to be listed, and I expect it to sell like hotcakes.
There will be lots of key resistance levels along the way which will be great opportunities to book some profit.
I will be adding back to this position once it retests the levels, hoping they will then act as support.
ZEC around $95 could be the spot! ZEC popped with the rest of the market early Monday as the crypto market got a resesitation shock. ZEC news recently has been promising and the price hasn't really reflected this, which is normal as we are in a bear market.
We also have the possibility of a Coinbase listing in the near future so picking some up could be a good idea on a dip near the $95 area.
Annotation on the chart!
Thanks guys
[ZECBTC] Zcash on Coinbase [760%+ PP]Zcash (ZEC) is one of the altcoins in line to be listed on Coinbase. Getting listed on Coinbase can mean massive growth for any cryptocurrency, since Coinbase is the biggest Bitcoin buy/sell platform in the United States of America.
Zcash is one of the first privacy oriented altcoins and launched with massive hype a few years back. Needless to say, it went on a massive bull run last year. All gains were erased with the bear market and ZECBTC has now created a new all time low.
We are going to be looking at an early entry here, before breakout and before the consolidation is over. So please allow time for this trade to develop.
Let's start with the chart, we will look at both today, weekly and daily:
- We can spot the bear market easily by looking at this chart. The top light green horizontal line, represents the top price reached by ZECBTC. That is 0.1696 BTC back in June 2017. After that, we see the price declining all the way to September 2018, when the new all time low was hit (brown horizontal line at the bottom). You can see the hammer candlestick, a reversal signal.
- We have bullish divergence on the MACD.
- STOCH is oversold and RSI sitting on the lows. This means we have plenty of room available for growth and that selling has been exhausted.
- Increase in bull/green volume. More green volume is needed.
- Here is the daily time frame. The bullish divergence on the MACD is more pronounced here.
- You can see the same hammer candlestick marked with a yellow circle and a very good increase in volume.
- Both the RSI and MACD have been creating higher highs and higher lows.
- Our first resistance to break stands at 0.020-0.021, from here we can move up strong.
- This will be a very low risk, high reward trade. Let's get started.
Trade instructions for Zcash by Alan Masters
Buy in: 0.0184 - 0.0195
Next support: 0.0175
Targets for ZECBTC by Alan Masters:
(1) 0.0222
(2) 0.0261
(3) 0.0283
(4) 0.0324
Stop loss: Close weekly candle below 0.0160.
Capital allocation: <15%.
FIGHT TO WIN. PLAY TO WIN. TRADE TO WIN.
We fight and we play. We get to win another day.
Another time. A different game.
Set your intention correctly, make your decision before is too late.
When you compete, when you work, when you play, when you trade.
It is about the moment, the experience...
You always want to see positive results.
Think. It is work/game/play, it is all about life and experiences yet...
I want to succeed. I will succeed.
Each time I fight... each time I play...
I am always giving my best.
Namaste.
ZCash now has the freedom to interact with Wall StreetDespite being the pioneer and current leader by market capitalization, Bitcoin BTC is not the best offer out there when it comes to tech-capabilities and potential.
ZCash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core’s battle-tested codebase. ZCash’s over Bitcoin is the addition of privacy. ZCash uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them.
Current valuation techniques are a poor measure of potential long term ROI
The crypto-community are in an ongoing debate about the technical discrepancies between other privacy coins such as Monero, Dash, Zencash (ZEC fork), ZClassic (ZEC fork), PIVX (DASH fork), ZCoin and many more.
Then we have the technical analysts utilizing various charts and statistical indicators to determine price support/resistance, range and trends.
Whilst the technology is key in the determination of long term success likelihood and the technical analysis is key for predicting short term trends and ideal entry points they do NOT provide an adequate model for measuring long term ROI.
Large scale institutional adoption
The ultimate long term success factor will be large scale institutional adoption and regulatory compliance
Large scale institutional adoption of digital assets has become a reality. Financial institutions, hedge funds, investment sponsors, RIAs and family offices represent an as yet untouched capital opportunity. For investors and institutions to partake they will require one (or more) of the following:
-An investment vehicle providing a familiar structure for financial and tax advisors and easy transferability to beneficiaries under estate laws.
-Secure, scalable custody solutions that are compliant with a rapidly changing regulatory environment.
It’s already happening
Gemini
Gemini entry into the market has seen it become one of the most respected and regulated exchange not only in the US but across the globe and only lists coins that are backed by groundbreaking technologies and have met the set standards by the SEC. This has increased the market visibility of ZEC and the pairing has also boosted its credibility.
Greyscale Investments
Greyscale provides a private, open-ended trust that provides titled, auditable ZEC exposure through a traditional investment vehicle. Modelled after Grayscale's Bitcoin Investment Trust, the Trust was created for investors looking for ZEC exposure. Zcash Investment Trust’s shares are the first securities solely invested in, and deriving value from, ZEC.
You cant afford not to invest in this one
ZEC Blast OffZEC at bottom of ascending channel, looking for a bounce from here and a break of the long term resistance. If ZEC breaks 19k sat, we'll drop to next support. If ZEC moves up and closes above 21k sat, we'll move up to 30k sat long term.
Sapling release goes live on October 28th, this is huge news as it would allow zk-snark transactions to be sent on mobile devices, whereas today, it takes a minimum of 4 gigs of RAM to do so.
tokentops.com
ZEC breakout
Looking at the current trend in price we noticed a double dip last night with very strong indicators through MACD, MFI, RSI as an ideal buying opportunity. ZEC had a short recovery while resuming the dip.
I entered at various points with buying opportunities - with another due today if it dips further.
Overall i feel like this is a great opportunity for short term recovery. On longer term charts there is also a strong potential for gains.
$ZEC, Internet Gangsta…
Weekly
Looking at our trend timeframe we see price respecting our downtrend since forming it’s ATH, stochastic rsi showing momentum shifting in favor of bulls. Last time price was here was back in Dec 2017…. Are we going to see a repeat now that Q4 is on the rise.
Daily
Shifting over to our pattern timeframe we see price has broke out of it’s minor downtrend, and is now looking to make another break. Stochastic RSI showing momentum is now shifting in favor of bears and we could see a minor correction. A daily close above 2116230 activates our trade, however if rejected at this level expect our sell off to continue towards 1870000
Zcash ZEC big bullish wedge, target around 200Zcash has been making a big bullish wedge with a target around 200. But the difficult thing on this one is, the whole market looks very bearish for on the short term so it's a bit conflicting. With all wedges, the bounce up can be before touching the support line again or even a false break out to the downside before moving up. From the current movement of Bitcoin it's too dangerous to get in now. Safest play would be wait for entry below 100, since a false break out could even reach towards 90ish before invalidating the wedge completely. Or wait until it becomes clear the wedge will break on the upside.