ZECBTC
ZECBTC ZCash. Head and Shoulders Pattern :(So, what i obviously from graph that ZCash has 99% Head and Shoulders pattern which indicates that it will be bearish trend. I really don't believe that it will go ot 0.02, but by TA we may see that price. Hope ZCash team will announce any updates soon and it will be Baskerville Hound pattern )
[$ZEC BULL] Wycoff in play? Accumulation PhaseBITFINEX:ZECBTC
Comparison of ZEC chart to well known Wycoff Accumulation
We all know ZEC is the "real" bitcoin successor - just a matter of WHEN. Do we dump lower for more accumulation first? Classical reference seems to line up with short term bullish scenario.
stockcharts.com
ZCash Consolidation ContinuesZCash has re-entered the descending channel and is now trading below the key fibo level formed by the recent swing. Now we are in the long box support zone. The uptrend line was breached so a bottoming at $216 could be expected. Further downward pressure could take price to the major key fibo support at $190. A break of the second uptrend line could take the price down to the long box support at $128.
Key levels to watch to the downside:
- Trading range support at $228
- Long box support at $216
- Major key fibo support at $190
- Uptrend line
Key levels to watch to the upside:
- Downtrend line
- Key fibo resistance at $261
- Major fibo resistance at $291
See the recently updated ZECBTC thread for another perspective:
ZEC UpdateZcash is a good long term hold. It looks like it has just formed a bullish flag. There is a long term support below and the RSI's show some room to retrace, but Sell volume is low. I think It is about to make a next leg up and create a short term bullish trend. Buy here is a safe bet, and if it drops to support (marked) increase position there.
As always, Trade At Your Own Risk.
ZECBTC its time to go UPI see the opportunity to BUY ZECBTC
after last jump in
now the price drop so much at the point where oversold is
now it is considered to be very cheap price
but there will be some seller who not out of position
so I will say the target price of ZECBTC is 0.0707 with pretty high confidence
Trade with care and enjoy trading
If you like my signal and analysis please help to like and follow
Thank you
ZEC - BUY ZONE - Cup & Handle / Breakout of Descending WedgeZEC is in a good buy zone!
Entry: around 6.08-6.45M SATS.
Price Target: 7.37M SATS (Although watch it! If it breaks through that resistance it is liable to become strong support as previously)
Cup and handle, bullish divergence on the RSI, breakout of descending wedge
GET READY!
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Good luck all. :)
Bullish rumblings for ZECZEC has turned around a drastic price decline and seems to have settled on a support level of 557. It's currently testing resistance around 594, which has been an important consolidation point in the past. Additionally, on the 2hr chart we're seeing a TK twist and a 2hr and a kumo twist on the horizon. If it can confidently break 594 there is lots of upside potential.