Zcash (ZEC) Isn't Playing Around (233% Earnings Potential)When Zcash (ZEC) run started last year, it went on for 2 full months. Normally, these coins tend to shot up for a short while and then retrace quickly and consolidate for long. Big altcoins, such as Zcash, tend to go on longer bull runs and this one is starting to show some massive action.
ZEC also does some pretty wild price swings, which is great for swing traders.
Zcash (ZEC) Trade Analysis by Alan Masters
Zcash started moving on the 14th May, a really strong breakout. After three positive days there was a retrace, I was hoping to see the price consolidating a bit in order to wait for a strong entry point, but ZEC started moving again, and lots of our supporters and readers contacted me asking for the details to trade this coin. Let's do it, let's take a look at ZEC.
EVENTS
Let's start with the events:
- Gemini Exchange Listing (19 May) DONE.
- Network Upgrade 0 (30 June).
- Network Upgrade 1 (30 September).
TRADE INSTRUCTIONS
Buy in: 0.0329 - 0.0448
Zcash (ZEC) targets by Alan Masters:
(1) 0.0523
(2) 0.0590
(3) 0.0653
(4) 0.0743
(5) 0.0863
(6) 0.1023
(*) 0.1696 (All Time High)
Stop loss: 0.0292
YES! I AM GRATEFUL
Thanks for everything.
Thanks for life.
Thanks for love.
Thanks for the great opportunity.
Thanks for everything, even the things that are out of my own.
YES! I AM GRATEFUL... Forever more.
Namaste.
ZECBTC
Blackbox buy signal on ZECBTCOn May 14th 2018 our Blackbox generated a buy signal for Zcash on the ZECBTC pair. The algorithm has more than 56% chance of winning with a risk to reward ratio of 1:6. Bitcoin based pairs have an average loss of -23% and average win of 143% based on 316 historical buy/sell signals since 2013. We recognize this trade was published a few days late, however it is a live signal and we will post the sell signal when our algorithm alerts us.
ZEC looks excitingthe trend is your friend .... is actually not the whole saying...
""the trend is your friend until the END"".. is the actual saying
majority of people are wrong when it comes to TA.. thats because they become euphoric in an upward trend.. and cautious in a downtrend'
infact you should do the exact OPPOSITE of the majority mass.
1. i know ZEC is being listed on GEMINI.. this could result in a final impulse wave up
2. you should not buy that at all because most likely that will be a sell into the volume.. easier for whales to get rid of their ZEC all at once.
3. buy zones are the green boxes
4. keep a careful eye on BTC.. which is making a falling wedge (bullish) and its breakout could result in a shortened ZEC wave in either direction.
thank you
please leave a like :)
it truly means a lot to me :D and keeps me going strong
ZEC-BTC ZCash
Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography. Zcash brings fungibility to cryptocurrency by unlinking shielded coins from their history on the blockchain. Zcash is pioneering the use of zero-knowledge proofs, applying cutting-edge cryptography to blockchain technology. Zero-knowledge proofs allow fully encrypted transactions to be confirmed as valid. This new property will enable entire new classes of blockchain applications to be built. With Zcash, users can enjoy the advantages of using a public blockchain, while still being sure that their private information is protected.
Keep money Management.
Risk=Reward
Thank you
ZEC - Zcash - Time for reload! Short temporarily.
Hi Folks!
We had a very good news regarding Zcash last time. It will be listed on Gemini Exchange. The price has exploded.
It may go even higher as looking at the big picture of ZEC we are very low according to Fibonacci levels (big scale). The second chart with bigger picture illustrates this.
Right now it is good time to stay vigiliant and reload or simply buy ZEC. We may encounter massive gain within following weeks/months.
So we observed finished Elliot Wave pattern (1-5). We have to prepare for the correction waves (A-C). Wait till it's finished.
Looking at the volume and Weis Waves we can see now demand is spent. Following green wave is signifiantly smaller than previous one.
Waiting for higher supply. Price should decrease then.
We assume perfect levels for reload would be at Fibonacci small scale at level between 0.03465900 and 0.03940200 (green rectangle).
Of course it has to be confirmed by Weis waves.
Technical analysis summary:
Elliot Wave pattern finished (1-5)
Expecting to have correction pattern (A-C)
Weis waves - demand is spent - significantly smaller green wave observed
Reload or buy at level of between 0.03465900 and 0.03940200 (green rectangle)
Waiting for the confirmation from Weis Waves indicator - trend reversal.
Stay tuned.
If you have any ideas/thoughts don't forget to question and comment in section down below.
If you want to be up-to-date don't forget to follow us.
Hugs!
WBM Team
ZECBTC waiting for retrace to buyThe last major swing high made it higher since my last chart so I had to redraw the fibs.
I would like to see it retrace a bit to around the 0.50 and 0.618 fib levels.
This is my preferred area to scale into an initial long position as I cannot chase price.
Depending on the price action I may take full/half profit just before the 0.382 fib level and trail the stop to lock in profit. If we make new highs from there, we can add to the position in similar fashion and trail the stop again.
ZCASH: GEMINI EXCHANGE LISTING: 24 HOURS = 53.25% PROFIT!!!Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 53.25% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 14: Zcash releases first Overwinter compatible Zcash release, 1.1.0.
April 16: Zcash company releases list of merchants who accept ZCash.
April 21: Zcash announces that it aims to offer support for the main 3 platforms Windows, MacOS and Linux as a priority.
April 23: BitOasis digital asset trading exchange lists ZCash.
April 25: Guarda, who recently releases a Zcash mobile wallet for Android.
April 26: Dow Jones Marketwatch is announces it is now watching Zcash.
May 2: Goldman Sachs-backed Circle announced its support for Zcash in Circle Invest.
May 10: Zcash makes an investment in StarkWare Industries a new company developing STARKs. STARKs are a new cryptographic proof system which is scalable, toxic-waste-free, and post-quantum secure.
May 14: Gemini Exchange (owned by the Winklevoss Twins) announces it will list ZCash after recieving approval from the New York State Department of Financial Services (NYSDFS). It will commence trading on the May 22 2018.
(NEW) May 15: Reuters publicises Gemini Trust Co exchange listing of ZCash making it the world’s first licensed Zcash exchange.
(NEW) May 18 : Zcash Foundation announced a plan to prioritize ASIC-resistance research.
Analysis reveals that the increase in the price of ZCASH is being driven by it's listing on the Gemini exchange together with the general price recovery in the cryptocurrency markets.
*The "Crypto Bottom SIgnal" used in this analysis is included as part of the Crypto Trade Signals subscription.*
ZEC fun already over, at least for now?ZEC got pumped yesterday, probably because it's a booming company with great turnover and massive revenue :) (sarcasm guys :). Just a joke, don't get offended please :). Anyway, price went up pretty much, even when Bitcoin made a small drop it went higher. But it seems the fun is over for now at least. Think we can expect a drop towards the 310/340, can't give a more exact target because i can't judge how strong it still is. Seems it dropped out of a rising wedge, and testing the resistance now with low volume. Now normally this would be an easy trade, but liquidity is extremely low with Alts like this, it can get pumped very easily. I have shorted it at 365 with a stop around 378 and a target around 330. My position size is small on this one, actually every alt coin because the risks are always very high.
Tricky Zcash. On the edge of private and legal transactions.Coin of the day is Zcash.
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. Roger Ver was one of Zcash Company's initial investors. Zcash release date is 28 October 2016. Like Bitcoin, Zcash has a total fixed supply of 21 million units. In the first four years, 20% of the coins created in that period are allocated to a "founders' reward" shared between investors, developers, and a non-profit foundation, such way of reward caused an ambiguous reaction and criticism of the community.
What differs the concept of Zcash from other privacy-oriented coins is that Zcash affords 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.
May 19 - Listing on Gemini. Tyler Winklevoss, CEO of Gemini, commented on Monday: “We are proud to be the first licensed exchange in the world to offer Zcash trading and custody services and look forward to providing customers with a safe, secure, and regulated place to buy, sell and store Zcash, an incredible new form of digital cash.”
June 25 - Overwinter is the first ever network upgrade of Zcash done through a hard fork at the block number 347500 which is expected to be on 25 June 2018. A new feature will be introduced that allows users to set transaction expiry times.
Technicals
ZECBTC had bottomed at the end of 2017 but stayed in the lateral pattern until 2018.05.14 when Gemini announced the listing of the Zcash, which pushed the coin upward with a great increase in volumes. Zcash broke above 100-days EMA and important resistance level 0.04. Regarding almost a 50% growth the coin stays in the lower zone relative to its all-time peak at the 0.17 BTC, which leaves a lot of space for growth. Support for the bullish scenario is 0.035 - 0.04 zone, breakthrough below this zone will change the scenario to further lateral movement or even downtrend. Local resistance 0.045 should be pierced in near-term and forward the price to the 0.05 psychological level.
ZECBTC Trending upTo get a long position in ZECBTC I would like to see the price retrace a bit to test support before rising further.
To see at which price levels a retracement might reach I like to use a fibonacci range over the entire move from the low below the 200 MA to the last high.
I will keep drawing this fib up to the high with this runup untill it starts to retrace.
ZECBTC Adam and Eve BottomZECBTC has moved north of the 200 Daily Moving Average after trending below for a long time.
The 2 major lows show a pattern known as Adam and Eve.
(adam = sharp low with sharp retrace, Eve = rounded bottom)
The last swing high shows nice volumes coming in again for this pair.
I expect ZECBTC to retest the resistance marked in blue. I can imagine ZECBTC making several nice waves trying to make it there first which should give us some good opportunities pick up a position.
Zcash $ZEC BTC is that all we’re getting or is there more?Ladies and gentlemen, let's take a look at this beast.
Entries: 1/3 at .0385, 1/3 ether at 10% profit from first or .035, last third will be at the 4th wave retrace
Stop: below .034
Target: 0.135
Risk / reward ratio: 1:20
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
ZEC very good long term potentialZECBTC is struggling to exit from the 2 MAs (MA20 and MA50) if it will manage to do so we can see a small breakout until MA250 (orange line). After that and a regular correction this coin can do a bull run (which is happening very often to ZEC) and almost tripple its current value.
Enjoy!
ZCASH: GEMINI EXCHANGE LISTING: 24 HOURS = 43.90% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 43.85% PROFIT!!! IN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
April 14: Zcash releases first Overwinter compatible Zcash release, 1.1.0.
April 16 : Zcash company releases list of merchants who accept ZCash.
April 21: Zcash announces that it aims to offer support for the main 3 platforms Windows, MacOS and Linux as a priority.
April 23: BitOasis digital asset trading exchange lists ZCash.
April 25: Guarda, who recently releases a Zcash mobile wallet for Android.
April 26: Dow Jones Marketwatch is announces it is now watching Zcash.
May 2: Goldman Sachs-backed Circle announced its support for Zcash in Circle Invest.
May 10: Zcash makes an investment in StarkWare Industries a new company developing STARKs. STARKs are a new cryptographic proof system which is scalable, toxic-waste-free, and post-quantum secure.
May 14: Gemini Exchange (owned by the Winklevoss Twins) announces it will list ZCash after recieving approval from the New York State Department of Financial Services (NYSDFS). It will commence trading on the May 22 2018.
Analysis reveals that the increase in the price of ZCASH is being driven by it's listing on the Gemini exchange together with the general price recovery in the cryptocurrency markets.