Bottom Reversal for Zcash vs Ethereum: Rally back to 1:1A Next-Generation Smart Contract and Decentralized Application Platform
Satoshi Nakamoto's development of Bitcoin in 2009 has often been hailed as a radical development in money and currency, being the first example of a digital asset which simultaneously has no backing or "intrinsic value" and no centralized issuer or controller.
However, another, arguably more important, part of the Bitcoin experiment is the underlying blockchain technology as a tool of distributed consensus, and attention is rapidly starting to shift to this other aspect of Bitcoin.
Commonly cited alternative applications of blockchain technology include using on-blockchain digital assets to represent custom currencies and financial instruments ("colored coins"), the ownership of an underlying physical device ("smart property"), non-fungible assets such as domain names ("Namecoin"), as well as more complex applications involving having digital assets being directly controlled by a piece of code implementing arbitrary rules ("smart contracts") or even blockchain-based "decentralized autonomous organizations" (DAOs).
What Ethereum intends to provide is a blockchain with a built-in fully fledged Turing-complete programming language that can be used to create "contracts" that can be used to encode arbitrary state transition functions, allowing users to create any of the systems described above, as well as many others that we have not yet imagined, simply by writing up the logic in a few lines of code.
ZECETH
ZEC RSI CROSS! ❎ 🚀As the title states, we are at an huge RSI cross for ZEC .
My position: T194.47, encompassing 50% of allotted, available trade capital for margin ZEC trades today.
Remaining 50% of capital will be placed either directly back T194.47, or I will wait for an eventual drop to the T189.97 level.
Let's do this.
ZEC/USD (Monthly Support is Set?)💎Technical Analysis Summary💎
ZEC/USD
-Zcash may have found support on the monthly time frame
-The previous resistance area is now acting as support
-The fast EMAs are also helping the hold the price
-If this month of August turns out a bullish engulfing
-I think the chances to retest the 250 dollar increases
-This is a midterm to long term view analysis
-So please be guided if planning to trade this coin
⚠️Please always read the description⚠️
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Trading Involves High Risk ⚠️
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ZEC/USD ($80-$100 Strong Support?)💎Technical Analysis Summary💎
ZEC/USD
-After topping out near the 400 dollar level
-ZEC is back to the average or key area of interest
-The 80 dollar lower range of support is coinciding with the 100W Moving Average
-Which has been respected multiple times since August 2020 and up until January 2021
-If this green area of buying interests consolidates and form a base of support
-I think ZEC has the chance to retest its recent swing top near $400
-This is a long shot so It will take few months to get there
-We can Not 100% predict the future price action but only manages our risk
-If ZEC closes below $80 and unable to reclaim above it
-That would be a different scenario and would assume the bears are still in control
-So please, do not forget to follow your trading plan and exit if it goes wrong
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk 😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
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ZEC/USDT (Strong Weekly Resistance)💎Technical Analysis Summary💎
BINANCE: ZECUSDT
-Zcash is respecting the strong weekly trendline resistance since 2019
-We can see multiple rejections around 76 dollars
-We had a breakout last July but failed to hold and no follow-though
-ZEC needs to decide now because it is already at the end of the triangle
-I'm expecting within 4 weeks, we will see where the market is going
-Please prepare your trading plan if the price goes up or breaks the support line
⚠️Please always read the description⚠️
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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ZEC ZCASH Daily Chart - ZECUSD ZECUSDT ZECBTC ZECUSDC ZECETH ZEC ZCASH Daily Chart - ZECUSD ZECUSDT ZECBTC ZECUSDC ZECETH
ZEC/USDT Hit our 1st Target within few hours#ZEC/USDT Profit Update:
#ZEC currently trading at $65
And hit our 1st Target.
26% Profit with 5x leverage.
And still waiting for More targets.
Move stop loss at entry.
Entry:- $57 ✅
Targets:- $65 ✅
Congrats guys who done scalping.
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ZEC/USDT Bullish TA Update. Target 95%..?#ZEC/USDT TA Update:-
#ZECUSDT currently trading at $60-$61
I am buying here some and also waiting for some more dip.
Why..?
According t chart Bullish flag view.
So I am expecting something big from #ZEC within few days/weeks.
Support:- $57/$52
Resistance:- $64.88/$73.24/$87/$98
So I also buy more if breakout Resistance level I mentioned in Yellow colour.
Entry:- $58-$61
Targets:- $65/$74/$87/$98
Stop Loss:- I will mention.
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ZEC/BTC (Bearish Retest?)💎Technical Analysis Summary💎
BINANCE: ZECBTC
-Zcash broke its local support during its mini rally up
-If this is just a small Bearish pullback to test previous support
-And continue lower again, the downside target is around 5000s sat
-So please always plan your next trade
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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ZEC/BTC (Major Support Tested?)BINANCE: ZECBTC
-Zcash tested the previous resistance and support area at 5200 sat
-We can see multiple candle rejections in this zone
-This is a Bullish sign but not yet confirmed
-We need to see a break of the trendline resistance
-To confirm that the downtrend is likely over
-And the dominant trend will continue higher
-Not financial advice, please exercise proper risk management
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
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ZECBTC UPDATE 990410ZECBTC UPDATE 990410
The probability of a fall is higher, but eventually the numbers 61 and 65 will be seen.
ZEC/USDT (Bearish New Resistance?)ZEC/USDT
-testing old support as new resistance zone
-if we can break above this resist level
-we can open Long position and target swing top
-bearish scenario if 42s level breaks down
-we will revisit the 39-38s area of support again
-technically, we are on a 4H downtrend
-but like I said before, regaining above 43.7
-will bring hope for the bulls
ZEC/BTC 500%-1000% within one Year According to my Analysis#ZECBTC 2020 Best TA update:
According to me ZECBTC is best coin for 2020.
#ZEC I am waiting for best opportunity for my entry zone.
best entry for me 0.003-0.004 BTC.
If my entry will hit then this will Best Buy zone.
so I placing bid.
I will accumulate more ZECBTC if more dip will come.
Support: 0.0036-0.00400BTC.
Targets : 5x-10x within 1 year.
Not financial Advice
#DYOR
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ZEC/BTC TA Update (awaiting bullish pattern?)ZEC/BTC
ZEC is on a downward action after making multiply series of lower highs and lower lows.
But on the bullish side, the price action is still descending channel
which by the technical side has a high probability to break in the upside once reached the endpoint.
If the ZEC will keep falling and unable to break this channel,
I'm eyeing a drop to 4200-4000 sat levels before we might see a potential reversal.
As of now, the game is to wait and be patient until the opportunity presents its self.