Shorting opportunity for ZcashRSI is showing Zcash is overbought atm. This is a plan:
Sell or short Zcash at 35€ and take finally some profit.
Then see what happens:
- price breaks diagonal, buy back because the price might go up much more.
- price goes down, buy back at fib 0.618, this is 22.5€.
Play it smart, and you always win with this setup. Good luck!
ZECEUR
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
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ZEC - Sexy Weekly Chart Near Completion - I'm Loading Up HereOnce crypto becomes mainstream and is used for everyday transactions, people will see the value of privacy coins. This is a great looking weekly chart on the verge of a bullish breakout. With alts jumping, it's only a matter of time until this monster wakes up after 4 years of hibernating. I think privacy coins will have a bright future and will be loading up here while they're still cheap.
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
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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
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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 ✅
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ZEC/BTC 168% Potential from here#ZEC/BTC TA Update:-
#ZECBTC currently trading at 3980 Satoshi
And I am bullish on ZEC
According to TA chart Is very bullish and Also at strong support level.
So I am also buying some here in BTC pair.
Entry:- 3800-4000 Satoshi
Targets:- 4894/6950/9881 Satoshi
Stop Loss:- 3500 Satoshi
Support:- 3500 Satoshi
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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
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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
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Breakout Feels Imminent for ZECThere has been bullish divergence between ZEC price and momentum going back 18 months and it seems to finally be breaking up sustainably into bullish territory. ZEC tends to move slower than others in the space, but I could see it moving upward with some real weight behind it along with others in the privacy space along with XMR and DASH. Projecting the last cycle's bars, feels like a 2x-5x could be possible over the course of a few months here.
Entry: 65
Target: 120 - 250
Stop: 50
ZEC/BTC 400% Potential in mid term holders#ZECBTC Chart Update:-
#ZECBTC Now looks Good for fresh entry.
Now Struggle at Strong Resistance level at 5600 Satoshi.
Entry 1: already Filled from last chart and now 30% up from 1st TP.
Entry 2:- 5000-5600 ( Accumulation zone) good to accumulate this range.
Targets:-
Short term:- 6950 Satoshi
Mid term:- 9881/12641 Satoshi
Long Term:- 14331/21238 Satoshi
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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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