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Zecshort

ZECUSD - Rejection by Trend Line and Resistance LevelAs with many coins out there right now, Zcash also has a long descending trend line proving troublesome to break. Recent events with ZEC have proven this to be true once again. Price has recently tested this trend line whilst at the same time being rejected by resistance levels at around $48-$50. We do have a nice support line on the underside which should be used as a target for this short, offering well over 10% in gains on this trade. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:ZECUSDShort
by theCrypster
4
ZEC ready to dump! BE PREPAREDZEC has had one incredible run up to the T200 mark. However, as I stated in a previous video today: ZEC poised to be trapped within it's descending triangle from over this past year. Zcash is in a historic downtrend right now. -Note the RSI in purple at the bottom of the screen -As I pull back to look at the daily ticker, you will notice that the strength index has progressively gotten more and more saturated throughout this hyper positive trend -Any RSI that saturated and just... straight-up -wettt- is going to finally get overstimulated enough to want to tap-out. New traders : MAKE SURE you take the time every once in a while to pull back on a daily or even weekly ticker and ident your positive or negative overall trends for a token.
Short
by FutureAmericanExpat
3
Miss out on Zcash's last pump? It's not too late. ZEC is a buy today after its fall from grace at $120. Think of this as a second chance to get in cheap! This is a massive buy signal on the daily chart. Disclaimer: Not Investment Advice The information provided by Trading Legacy is for general information purposes only. No information, materials, services and other content provided by Trading Legacy constitutes solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
ZLong
by TradingLegacy
2
ZEC: NEO: Analysis using Ichimoku 06/06/2020H4 The price of ZEC is slowly dropping to the Ichimoku cloud, indicating a local correction. RSI is in an undefined state. Conclusion: Visually viewed local correction. We recommend buying from key Fibonacci support levels of 61.8% and 50% H1 The price fluctuates around the Ichimoku cloud, indicating a local correction. RSI is committed to overselling level. Conclusion: We recommend buying from key Fibonacci support levels of 61.8% and 50%, as well as when the RSI is come to overselling level. Good luck!
BITFINEX:ZECUSDLong
by QubitLife
ZEC BTC BEST BUY ENTRY POINTS Zec against BTC now is situated into a Triangle where: -Stoch is overbought 89+ and soon will be a bearish divergence here -MACD it-s still in negative zone,they have room to go up till neutral zone(0) is bearish -RSI 52 and still droping Wait for LONG ENTRY: IF BTC make a breakdown we will have the opportunity to entry long in zec at these supports: 1) 0.016000 sats is a strong 1D support. 2) 0.012000 sats for a nice double bottom ,this is also a fibonaci 78.60% support IF BTC will going up,we will entry at 0.0169 which is the resistance of triangle In any case,they will drop
Long
by CryptoRomaniaTD
ZECUSD Following the BTC Following the BTC We are waiting for the test of the level of price imbalance ZEC USD. Support is expected in the region of $ 130, after which there will be a pullback of the price to the top, a retest of the support level and two options for the development of events: the scrapping of the bearish trend or its continuation. All moving averages are bearish. We are waiting for good bullish volumes and a break in the trend, there will be a good entrance to the market. All good trades
BITFINEX:ZECUSDShort
by fvb