💡 Don't miss the great buy opportunity in Zcash/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00275). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Zcash/Bitcoin ZECBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.00430
TP2= @ 0.00490
TP3= @ 0.00560
TP4= @ 0.00660
TP5= @ 0.00750
TP6= @ 0.00870
SL= Break below S2
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ZECBTC
Z-Cash - It is TimeZ-Cash is breaking out. The hidden monster is on the rise and soon people will look back at this token and wonder how they missed it the whole time: Digital gold. The real thing, not one full of history and public scrutiny. Privacy isn't just for people. It's for corporations and nation-states and it's a prized commodity - if you are someone with actual power in the world. The rest of us are made to think it somehow suspicious. Why? That's the programming talking and it's working.
Anyways, see the chart, Z-cash is about to shock everyone as it makes its way to $400, then $1k+. Those of us who see this coming will be glad we got some Z
Cup & Handle on Daily - 80% Target MoveTrade Plan
When price breaks HH, .382 Blue Fib
.5 Blue Fib will be our target.
Expect a move based on Fib Timezone 8 (March 11, 2021)
Trade on lower TF, .382 RED is your Resistance, .618 RED is support
ZECUSDT (Broadening Wedge)ZECUSDT (4H CHART) Technical Analysis Update
MKR/USDT currently trading at $91
Buy-level:$85 - $95
Stop loss: Below $76
Target 1: $108
Target 2: $120
Target 3: $140
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ZECUSD a massive bullish setupHey friends, hope you are well, and welcome to the new update on Zcash.
Previously I have posted the article when the price action of Zcash formed a big bullish Gartley and so far it has produced more than 122% rally:
The long-term up-channel:
Now on the weekly chart, the price line of ZEC is moving in an up-channel and reached at the resistance, in the meanwhile, it has broken out the 25, 50, and 100 simple moving averages on the weekly chart as well.
A big bullish Shark move:
Now the price action of ZEC has formed a bigger than the previous Gartley pattern on the monthly chart. the price action cannot enter in the negative zone therefore it is not possible that the price action may move more down up to 1.13 Fibonacci retracement level. The priceline of ZEC has found firm support at $20, therefore it can be considered as a maximum extent of potential reversal zone area.
Big bullish Butterfly:
Zcash with Bitcoin pair on 2-week chart has formed a very big bullish Butterfly pattern and entered in the potential reversal zone. This potential reversal zone is very vast and in the Bitcoin market, the ZEC has no significant long-term support as well, however, it is likely to find a trend line support on the weekly chart. Therefore we should be looking for two major signals to buy the ZEC within the potential reversal zone of this butterfly pattern. First, we can wait for the exponential moving average 10 should cross up the EMA 21 on this weekly chart.
Secondly, we can use look at the Ichimoku cloud on weekly chart and wait for the conversion line to cross up the baseline. After these two major signals, we can place our buying orders in Zcash with the Bitcoin market.
Conclusion:
The price action has formed the biggest harmonic pattern in its history. Therefore there are strong chances that in long-term it will achieve the highest price in its history as well.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
ZECUSD (ZCASH) - INVERSE HEAD AND SHOULDERS PATTERN ANALYSIS 🔎
- ZECUSD is printing the inverse head and shoulders pattern.
- This is a trend reversal pattern.
- It is a bullish pattern.
BUY ENTRY ⬆️
- Breakout above the neckline resistance.
TARGETS 🎯
- Horizontal resistance levels (R1, R2).
SETUP INVALIDATION ❌
- Breakdown below the right shoulder support level (S1).
💡Don't miss the great buy opportunity in ZECBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.002800).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Zcash/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 0.00295
TP2= @ 0.00312
TP3= @ 0.00330
TP4= @ 0.00348
TP5= @ 0.00370
TP6= @ 0.00400
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in ZECBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.002800).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Zcash/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 0.00295
TP2= @ 0.00312
TP3= @ 0.00330
TP4= @ 0.00348
TP5= @ 0.00370
TP6= @ 0.00400
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZECUSDT - Symmetrical triangle Analysis 🔎: ZENUSDT is consolidating in a symmetrical triangle pattern.
Breakout is imminent.
Bullish ⬆️: breakout above the symmetrical triangle's inclined resistance.
Bearish ⬇️: breakdown below the symmetrical triangle's inclined support.
Possible breakout price actions are indicated by the arrows on the chart.
Targets 🎯: Bullish ⬆️ - horizontal resistance levels (R1, R2).
Bearish ⬇️ - horizontal support levels (S1, S2), fibonacci extension levels.
ZCASH Bull Flag Formation can take us higher.ZCASH has been forming a bull flag pattern over the last couple of days and could take us another leg up. $ZEC as a whole looks bullish as its been in accumulation for 2 years and is looking to break out. If you'd like to see the 2 year chart I made some analysis on that on my previous post. Thanks.
ZEC BTC Relative Value - LTCBTC/ZECBTC shows ZEC on the Move Sometimes to get another view of a token I charted against another token that closely tracked Bitcoin. In this case I'm charting zcash against Litecoin: LTCBTC / ZECBTC on The Daily chart. We can see Litecoin rise in relative value against zcash as it follows along with Bitcoin as Bitcoin pumps. The rise is fairly gradual as litecoin gains in value and zcash drops in relative value.
Then, the events of the last two days. We see a sharp drop off as the value of Litecoin against zcash precipitously drops, indicating much more than just the usual swings in relative value that you see when price ranges along a trend. The sharp dump indicates a break in the dynamics that have kept these coins associated together for so long.
Zcash is no longer attached to Bitcoins relative value and Litecoin's the way it was before, and it's now looking for a completely new place to go. My fervent hope and prayer is that the Dynamics of zcash Bitcoin and Litecoin continue to remain found in such a way that will some serious accumulation of both ZEC and LTC for the next few months, trading into Bitcoin when opportunities also present themselves to ultimately increase my Holdings of zcash and Litecoin.
What would be really awesome is if bitcoin and Litecoin just kind ranged here for a little while, while zcash exploded, allowing me to buy Litecoin on the cheap before the next big BTC pump, when it's time for another refersal. Money both ways, I say!