Get started

ZECBTC

ZEC Breaking out to 800! Another beautiful breakout from a bottoming formation in Z Cash ZEC here. I am seeing a lot of these patterns among the coins like LTC and DASH We reached all time highs on December 21, we pulled back to retest the 200 period average (blue line), Now we are breaking out of what appears to be a combination of a double bottom and a head and shoulders reversal pattern. It's not an official pattern in the books, but it has classic qualities and we can create targets by measuring the depth of the pattern with our Fibonacci tool. Breakout above 570 is in progress. That is our first stop. Then we want to take profits, take off a piece of our position as we hit each target. Target 1: 649 *61.8 Fib retracement of bottoming pattern Target 2: 7000 *near all time highs, and round psychological number Target 3: 796 *261.8% extension of bottoming pattern Follow me if you like my work! Berlin Trader
Long
by BerlinTrader591
3
Elliot Wave Analysis of ZECBTCAs you can see, after the ABC correction that took place we are currently in the 1st wave of a greater 5 wave pattern, with the 5th wave of the first still expected to happen. The reason I believe this is only part of a greater growth pattern is because of the functionality of ZEC compared to BTC. It's use as a private coin, and the future forks coming off it mean that a target of .16 BTC is well within reason. It's usefulness as a PRIVATE store of value and the very limited supply mean it has great potential. Right now with bitcoin surging and all alts bleeding ZEC is an amazing steal.
Long
by samuraimax
ZCash VS Bitcion Could Go Over 100% UPZCash found the support at 327.2% Fibonacci retracement, applied to the corrective wave up, after breaking the btc 0.75 support. After bouncing off the btc 0.02 psychological level, ZEC/BTC went higher and broke above the descending channel as well as 200 Moving Average. This could indicate that price is ready to go higher, although it is too early to say it is reversing. The key resistance is at btc 0.075, which is the first upside target for the potential upcoming wave up. This is a key price for ZCash as it could indicate on the future trend. Only a break and close below the btc 0.018 could invalidate bullish outlook.
Long
by CryptoPAMM
8
ZECBTC - A Dark HorseZEC is a coin that's been falling on the ranks of CoinMarketCap as new and more "exciting" coins are introduced or discovered. A lot of FUD exists around the mining and distribution of the coin, however, one cannot underestimate the tech that ZEC is built on - zk-SNARKs " are the single most under-hyped thing in cryptography right now." - Vitalik Buterin (Ethereum Founder) "Zero-knowledge proofs may be the future of private trade." - Edward Snowden Source: twitter.com With the recent rise of coins like VERGE (a rebranded DogecoinDark coin believe it or not!) and ZClassic (forking to Bitcoin Private), people are notably chasing privacy coins that are perceived "cheap" due to price and fail to see the underlying tech and the associated marketcap. Trading at $580 and $1.7bn market cap, ZEC is UNBELIEVABLY undervalued (though $580 may "seem" pricy) considering VERGE is at $0.16c but $2.3bn market cap! I love to find coins that are undervalued or unrecognised. As opposed to chasing the green entering for a 30% swing (and potentially missing and failing badly), It's much more rewarding financially to enter before everyone else does and hold for the entire run of +300-500% all the way (less downside risk too if it's trending at support). NOTE: Patience & strong hands required as ZEC traditionally moves with little volume.
Long
by Johnsonysu