ZCash primed to complete right shoulder of potential invrted h&sZCash is one of my long holds so regardless of whether or not this inv h&s pattern breaks I will be holding. I'm pretty confident it will at least be testing the neckline soon and likely breaking upward. If it does break upward I have the price target posted here in green.
ZECBTC
There is a possibility for the beginning of an uptrend in ZECBTCTechnical analysis:
. ZCASH/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
Price is in the support zone (0.01895000 to 0.01610000), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.01895000)
Ending of entry zone (0.01610000)
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= @ 0.02436000
TP2= @ 0.02830000
TP3= @ 0.03374000
TP4= @ 0.03773000
TP5= @ 0.04364000
TP6= @ 0.05159000
TP7= @ 0.07361000
TP8= @ 0.09137000
TP9= @ 0.10911000
TP10= @ 0.13442000
TP11= @ 0.16666000
TP12= Free
There is a possibility for the beginning of an uptrend in ZECBTCTechnical analysis:
. ZCASH/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
Price is in the support zone (0.01895000 to 0.01610000), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.01895000)
Ending of entry zone (0.01610000)
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= @ 0.02436000
TP2= @ 0.02830000
TP3= @ 0.03374000
TP4= @ 0.03773000
TP5= @ 0.04364000
TP6= @ 0.05159000
TP7= @ 0.07361000
TP8= @ 0.09137000
TP9= @ 0.10911000
TP10= @ 0.13442000
TP11= @ 0.16666000
TP12= Free
ZECBTC High risk but profitable opportunityThe price penetrates Ichimoku cloud where the lines intersect each other. Moreover the green cloud is above the red which means the trend reversed and our buying zone acts now like a strong support.
At the 4-hour timeframe there is Bullish XABCD pattern which can help to break through descending triangle. Nevertheless there is no strong fundamental and technical background for subsequent growth, indicators are bearish. There should be a downtrend to the triangle zone again when the price reaches all our target.
However mentioned at the chart bounce can bring a good profit in the short term
4 signals including ZEC and BAT were posted in the Premium channel 2 hours ago. The rest 2 signals are kept in secret as the are based on insider info and can bring huge x2-3 gains. Do not miss the opportunity
ZEC - Coinbase listing THE catalyst to propel it back to highs?ZEC found support around 165 on the last move lower and has since rebounded nicely but is finding trouble continuing its run higher. Currently sitting near a strong demand zone, a move back up to test the previous swing high is very possible given a push up from BTC.
RSI and MACD can be seen moving higher on increased volume as well, which could spell a break of the triangle it is currently stuck in. With the upcoming possibility of a Coinbase listing, ZEC could pump very hard as we have seen in the past on market-moving headlines, which could make this trade a very profitable one.
As always, watching BTC could give you a bias on whether to take this trade or just sit on your hands and wait for a test of the lower demand zone as shown on the chart.
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A chip of the old block (Bitcoin) but so much betterThis is another follow up one of the years most exciting assets.
Zcash started as an alternative to Bitcoin; the Zerocoin protocol which was improved upon and launched as a Zerocash (ZCash) cryptocurrency in 2016.
-Backed by wall street with investment opportunities for the general public and institutional investors. Specific reference to the Digital Currency Group & Gemini
Watch closely to make sure you take your long positions when the bulls tip the scale
More information can be found here:
and here:
ZCASH is Bitcoin 2.0: You wont get ZEC at a better priceI have published a number of graphs with detailed explanation on why I think ZCash ZEC is an outstanding asset to have in your portfolio. Instead of repeating all of this ill attach links below.
However here are some significant data points that have since emerged strengthening my argument:
-On the 13th August Vitalik Buterin has once again eulogized Zcash (ZEC) on social media.
-Last week Nick Szabo tweeted the importance of ZCash and its new tech
-Documentation has emerged that suggest a high likelihood of Coinbase Listing
-ZCash Gets New Code for an Anonymous Lightning Network
-New website branding underway
-Already an offering to retail investors at Greyscale Investments (part of digital currency group) however,
-The Winklevoss brothers who own Gemini Exchange (acts as a custodian of institutional investor’s crypto assets) recently added ZCash to its list of tradable crypto tokens. This is significant because it could mean ZEC is on the way to becoming a and ETF on wallstreet.
Also look at:
ZCASH-LONG-Bitcoins-true-rivalA follow on from earlier more detailed models:
Zcash started as an alternative to Bitcoin; the Zerocoin protocol which was improved upon and launched as a Zerocash (ZCash) cryptocurrency in 2016.
-Backed by wall street: within direct access to the general public (now a financial investment product) and institutional investors.
-Technicals look incredible, sentiment is on the rise, positive catalysts occurring near term
-Featured in Forbes, Fortune and CNN 0.00%
-Working with JPMorgan Chase to Integrate Zcash Technology To Its Enterprise Blockchain Platform.
-Predicted (speculation) to reach >$60000 by 2025
-fortune.com/2018/01/31/bitcoin-cryptocurrency-zcash-buy-invest/
-forbes.com/sites/laurashin/2017/11/09/zcash-investment-trust-launches-expanding-investor-options-for-cryptocurrency-exposure
-grayscale.co/zcash-investment-thesis
For more information look at:
ZCASH LONG- Bitcoins true rivalA follow on from the earlier and more detailed model:
Swiss bank account in your pocket- Bitcoins true rival
Zcash started as an alternative to Bitcoin; the Zerocoin protocol which was improved upon and launched as a Zerocash (ZCash) cryptocurrency in 2016.
-Backed by wall street: within direct access to the general public (now a financial investment product) and institutional investors.
-Technicals look incredible, sentiment is on the rise, positive catalysts occurring near term
-Featured in Forbes, Fortune and CNN
-Working with JPMorgan Chase to Integrate Zcash Technology To Its Enterprise Blockchain Platform.
-Predicted (speculation) to reach >$60000 by 2025
-fortune.com/2018/01/31/bitcoin-cryptocurrency-zcash-buy-invest/
-forbes.com/sites/laurashin/2017/11/09/zcash-investment-trust-launches-expanding-investor-options-for-cryptocurrency-exposure
-grayscale.co/zcash-investment-thesis
Expected profit rate for the historical batch 16/6/2107 About 44Daily frame
Buy entry after the intersection of the EMA indicator with the MA indicator
The price stability above the Fibonacci 23% above the price of 0.03080000 BTC
Sales gradually, ,,, choose the goals that suit you
Expected profit rate for the historical batch 16/6/2107 About 440%
Objectives:
0.03916000 BTC
0.04580000 BTC
0.05250000 BTC
0.06100000 BTC
0.07430000 BTC
0.08830000 BTC
0.10500000 BTC
0.12890000 BTC
0.15920000 BTC
ZCash double bottomCoin of the day is ZCash.
One of the Altcoins that are showing growth during the BTC upward rally, which tends to oppress Altcoin prices across the markets.
Zcash is one of the privacy-oriented coins forked from the Bitcoin Core, with its unique vision of selective transparency of transactions. The founder and CEO of Zcash Company is Zooko Wilcox-O'Hearn. Its founding team includes cryptographer Matthew D. Green from Johns Hopkins University.
What differs the concept of Zcash from other privacy-oriented coins is that Zcash allows private transactors the option of "selective disclosure", allowing a user to prove payment for auditing purposes. One such reason is to allow private transactors the choice to comply with anti-money laundering or tax regulations. "Transactions are auditable, but disclosure is under the participant's control." Wilcox has hosted virtual meetings with law enforcement agencies around the U.S. to explain these fundamentals and has gone on the record of saying that "they did not develop the currency to facilitate illegal activity". It is likely that this vision made it possible to consider listing Zcash on the Gemini exchange.
Technicals
Listing on Gemini did not manage to send the coin in the steady uptrend; conversely, the coin went into a downtrend after drawing a peak at 0.045, ZECBTC. Today ZEC showed us a breakthrough above 0.026 level confirming the formation of a double bottom pattern with a base on the 0.024 level, which should play a supportive role in the turnaround scenario. Strengthening above 0.026 level should be considered as a bullish signal. If we see an uptrend scenario development - the next resistance will be 100-days EMA. From the broad view, the coin price is lying slightly above its all-time low at 0.0175, so a breakthrough below 0.024 carries the risks of updating the lows.
4 distinct beasts PIVX BURST ZCASH GAS: six month head to head All explained on the graph
My bet for the podium
Gold: GAS
Silver: ZCASH
Bronze: PIVX/BURST