ZECBTC
$ZEC is dueLONGGGGGGGGGGG accumulation period. If you cant see it take 2 seconds to look at the chart on coinmarketcap and wow, its rode .05 BTC for forever.
Now its trending towards oversold over the last month on RSI, HUGE volume uptick, cmc has it at about 10x volume since its last little move up.
Not advise, DYOR
Decision time for ZcashConfirmation: 0.050
Target 1: 0.070
Target 2: 0.095
Target 3: 0.150
Stop: 0.045
RSI's look like they are stalling out, but ZEC has found support on the previous resistance line of 0.045 BTC. Hoping for accumulation and strengthening support above this line. A solid break/close above 0.050 btc = its go time.
ZCASH (ZEC/BTC): Trying to break the resistanceZCASH has gone above its first main resistance and will attempt to break the second one soon. At this moment it’s between support and resistance, hopefully it will upmove quickly over 0.052 targeting short term 0.0606 and 0.0870 later. It may be a good alternative while alts recover and retrace back from previous rallies.
ZEC ZCash has a little more falling to toAlthough ZCash may look to be recovering atm, it appears this spike came a little early as the major trend line needs to completely flatline before this major structure is complete and we can see new volume pumps into the market signifying a new BULL run. These volume spikes will come before price surges so keep an eye out!
STRONG BUY, 300% Bull run imminent. Monero 3.0This is the ultimate trade for so many reasons.
1-Crystal clear graph indicators
2- Zcash has support for mobile users on Apple’s iOS and Google’s Android platforms
3- The currency is becoming widely accepted online (Wikileaks,and the darkweb)
4- The technology is phenomenal. It gives users the ability to be truly anonymous or "transparent". These can controlled by a t-addr, or can be a type of zero-knowledge proof called zk-SNARKs.
Its essentially MONERO 3.0
This means it has utility to users who dont want their transactions seen, but it is not likely to be clamped down by governments due to its transparent functionality
5- Institutional investors now have access to this currency. Greyscale Invetment Trust is supporting its development
Forbes:
www.forbes.com
Greyscale Investment Trust- ZCash
grayscale.co
ZEC - Bullish Elliot Wave Outlook with Price TargetsElliot Wave theory suggests that any trend can be divided into 8 waves, the first five of which are in the uptrend. Zcash has clearly broken out of the previous downtrend and is now tacking upwards in its uptrend. I believe we've already seen the 1st and 2nd waves and are in the midst of the third wave. This chart uses Fibonacci Levels to suggest possible touchstones for each individual wave. Note that the existing waves match fairly well to the fib levels, an encouraging sign that this TA could be on track.
Given enough momentum, it's entirely possible that the five waves outlined here only compromise the first/third waves of the overall uptrend. Would need to see accelerating volume in each successive wave if that was the case.
ZECBTC (ZEC - ZCASH) - 400% Profits potentialZEC seems broke out from a negative trend. Volume is increasing and in an accumulation phase. It has potential to go 4 X and higher.
Buy in range: Up to 0.05
Stop loss: 0.025
Targets:
1. 0.07
2. 0.09
3. 0.12
4. 0.16
Long term:
Potential for New all time high.
Lets ride !
Zcash breaking out of bullish wedgeBITTREX:ZECBTC is breaking out of a bullish wedge that has been forming since March 2017. There has been a trend in the cryptocurrency space towards the more privacy sensitive coins such as Monero, Dash, and Zcash. From the looks of this chart, it appears that money is going to continue to flow into Zcash relative to BITSTAMP:BTCUSD .
Initial Target: 0.100
Stop Loss: 0.0300
$ZEC.X #cryptocurrency #ZECBTC building new strengthhere during its reversal. While volume is beginning to weaken, likely due to the weekend, ZECBTC may make one final push here - risk/reward levels suffering due to late entry as of this post, but notes on the chart. If it fails to breakout here, would expect the longer correction will begin to play out. Note this is the 15 minute chart, so "longer correction" and "local high" is relative; the 4 hour and longer time frames make this an excellent longer term swing.
You can trade ZECBTC on Binance, a growing platform you should try if not yet already registered; they're currently upgrading infrastructure so you may not be able to register immediately, but the link below should work. Using their token, BNB, lowers trade fees to 0.05%. If interested in registering, I would appreciate if you use my referral link: launchpad.binance.com It helps me a little and your fees are the same!
My Zcash strategyZcash definitely had a good run, but I personally will take an aggressive strategy with ZEC and buy more at every retracement. They have made updates to their development recently and they have a new roadmap out for 2018 which we have posted on telegram a month or so ago. If you're a programmer, have a look into their source code. Please do your own research before investing in anything! You can visit our Telegram channel at t.me or search @CoinTip on Telegram. If you're into reading and writing programming language, technical and fundamental research, and macro economics within the crypto space, and want to help contribute, give us a shout on our public chat room on Telegram t.me