ZEC moment to shineKeep it simple! According to the chart, my estimate is to hit the zone in early Feb 2024
Estimate rebound 6x from here > $120 zone
My average entry is $19.7
I think this is the bottom for it in this cycle, next is rebound then the correction zone then bull run.
Disclaimer: I could be wrong, don't invest what you can't handle to lose. Manage your risks.
ZECUSD
#ZEC/USDT#ZEC
The price is moving in a descending channel on a 3-day frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 24
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 31
First target 43
Second target 56
Third target 73
ZEC, shifting after 2.5 years! massive price growth ahead!After peaking at a parabolic price of 300, ZECASH has been on a weighty downtrend for eons -- trimming down it's valuation every single month and coming back to ground to almost 10x from its peak.
Now, based on recent long term data metrics, ZEC is finally shifting massively after 2.5 years! That's a long wait! This shift is massive -- it's happening for a good reason.
As seen on diagram, we are seeing a bear clearance based on long term metrics. Bear dissolvement has been spotted this month, August -- for the first time in ages.
Net buying activity has surge exponentially from the current range signifying renewed interest, and buyers positioning on the enormous growth prospect of the coin.
The RR ratio of ZEC is too attractive to be missed at 8-10x.
The current bargain range is an ideal seeding area.
One of the few coins which boast a juicy RR from this corrective season.
Spotted at 40.0
Interim target at 120.0
Long term at 300.
TAYOR.
ZECASH long setup / 1:1 SettingBINANCE:ZECUSDT
COINBASE:ZECUSD
Hello Traders
💥Long position on ZECASH
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
32.35
🔴SL:
30.32
32.75
33.45
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ZCASH - Back on historical supportI don't think there is a better time to buy ZEC, the historical support has been successfully tested again, the historical trendline is getting closer and closer and I believe that in this cycle or at the latest during the next one we will see this coin return to its former glory. Many think that privacy coins have no future and they are probably right, but this privacy coin in particular has been chosen by Grayscale and there is a specific fund dedicated to it, so it means that the big names in finance have decided that this will be their favorite privacy coin (follow the money).
ZEC Update (1W)For ZEC, we considered two diametric or triangle scenarios, and we had spot purchases on ZEC at much lower prices in VIP.
Considering the overall crypto market scenario, it makes sense to consider a large triangle for ZEC instead of a large diametric.
From the red range, the triangle formed by ZEC can end and ZEC will become bearish in the medium and long term.
Closing a weekly candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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!
Zcash's weekly chart is insanely bullishZcash's weekly Ichimoku chart is one of the most insanely bullish looking altcoin charts out there
I'm nerding out on how insane SEED_DONKEYDAN_MARKET_CAP:ZEC 's weekly chart looks.
IF Zcash can close at/above $35.10, it will be the first weekly close above the cloud since December 2020.
ZECUSDT Broadening Wedge PatternZECUSDT technical analysis update
ZEC has been forming a broadening wedge pattern for the last 450 days. The price is now moving towards the wedge's resistance for a potential breakout, and it is trading above the 100 and 200 EMAs on the daily chart. If a breakout occurs, we can expect a strong bullish move.
Buy Level: $33.00
Stop loss: $25.00
Zcash Activity to Increase Late in 2025Zcash is a cryptocurrency that uses advanced cryptography to protect users' privacy and financial information. It was developed from Bitcoin's codebase as a fork, or alternative, to enhance user anonymity. Zcash was launched in 2016 by the Electronic Coin Company (ECC), which was founded by cryptography expert Zooko Wilcox-O'Hearn
ZCASH BITCOIN DIDNT BOTTOM YETLearn Zcash
WHAT ARE ZK-SNARKS?
The acronym zk-SNARK stands for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge and refers to a proof construction where one can prove possession of certain information, e.g., a secret key, without revealing that information, and without any interaction between the prover and verifier.
Zcash was the first widespread application of zk-SNARKs, a novel form of zero-knowledge cryptography. The strong privacy guarantee of Zcash is derived from the fact that shielded transactions in Zcash can be fully encrypted on the blockchain, yet still be verified as valid under the network’s consensus rules by using zk-SNARK proofs.
ZEC LONG PlanZEC HTF Analysis
Swing Long Trade, Spot Buy
Weekly Liquidity Sweep: External - Bottom
Daily Swing High Liquidity Sweep: Internal - Top
We can take a long entry on retracement in the Displacement + Discount zone (fib OTE level). For reference, entry, SL, DCA, and TP levels are marked on the chart.
#DoYourOwnResearch
Trading Analysis of ZEC/USDT (Zcash)The price has been in a long-term downtrend since its peak in 2021. This is evident from the downward sloping orange dotted lines.
The green horizontal line around $100 marks a significant resistance level, while the red horizontal line around $20 represents a crucial support level.
Relative Strength Index (RSI):
RSI Trend: There is a noticeable bullish divergence on the RSI indicator. The price has been making lower lows while the RSI has been making higher lows, suggesting potential upward momentum.
MACD:
The MACD line is below the signal line, but there is a narrowing gap, indicating a potential bullish crossover in the near future.
Histogram bars are getting shorter, indicating a reduction in bearish momentum.
Volume:
A significant drop in trading volume compared to previous peaks, suggesting reduced trading interest but also less selling pressure.
Fundamental Analysis
Launch: Zcash is one of the oldest cryptocurrencies, launched in October 2016.
Purpose: Zcash focuses on privacy and anonymity. It uses advanced cryptographic techniques to offer users the option of "shielded" transactions, which allow for completely private transactions.
Technology: Zcash uses zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge), a novel form of zero-knowledge cryptography.
Development Team: The Zcash team is known for its strong cryptographic research background and continuous improvement in privacy technology.
Market Sentiment:
Zcash remains a well-respected project in the cryptocurrency community, especially among those valuing privacy.
Regulatory pressures on privacy coins could affect Zcash, but its advanced technology keeps it relevant.
Increased demand for privacy in the digital age could bolster Zcash’s adoption.
Price Goals
Support Level: $20.00 - Holding above this level is crucial.
Immediate Resistance: $25.00 - Breaking above this could lead to a short-term rally.
Medium-Term:
Next Resistance Level: $40.00 - This is a significant level from a previous consolidation phase.
Long-Term:
Major Resistance: $100.00 - This level aligns with the historical high and could be a long-term target if the bullish trend continues.
The technical indicators suggest a potential reversal in the bearish trend, primarily supported by the bullish divergence in RSI.
Fundamentally, Zcash remains strong due to its unique privacy features and continuous development.
Price targets should be approached with caution, considering both the technical levels and broader market conditions. A break above the immediate resistance could signal a stronger upward move, but sustained momentum will be key.
Investors should keep an eye on trading volumes, market sentiment, and any regulatory news that could impact the privacy coin sector.
$ZCASH longer term view, low ~$12, high $1000+If I look at the longer term chart of Zcash, it looks like we're closing in on a bottom. I think over the coming 1-9 months, we'll see $12 or lower as a bottom. We've broken out of the downtrend, we're consolidating now in a declining wedge and once that wedge breaks, we should see the start of a bull trend form.
I think this next run will be extremely bullish for Zcash. Privacy should be a key theme in the next bull market. However, I differ in beliefs than most in crypto and don't think the true bull market starts till 2025+. Once it starts though, Zcash is likely to be one of the best performs.
The accumulation starts soon.
Zcash Turbulence Ahead: 2025 BreakoutZcash is a cryptocurrency network that launched in October of 2016. Like other cryptocurrency networks (e.g. Bitcoin or Ethereum), Zcash allows anyone with a computer and an Internet connection to send and receive scarce tokens that can be used like cash on the Internet. The software that powers Zcash is directly derived from Bitcoin’s core software, but it has been modified in order to enhance user privacy.
The members of the network who relay, validate, and bundle user transactions into blocks are, like in Bitcoin, commonly called miners. These miners are rewarded for honest participation with transaction fees and newly minted Zcash, and they must solve a difficult math problem (similar but distinct from Bitcoin’s mining algorithm) in order to earn the privilege of participation. As with Bitcoin, anyone can be a miner on the Zcash network, all they need is an Internet connection, a reasonably powerful computer, and the free and open source Zcash software. Zcash is an open blockchain network.
#ZEC/USDT#ZEC
The price is moving in a downward channel trend on a 4-hour frame and is sticking to it well
After bouncing from a major support area in green at the level of 18.00, which is a very strong area
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 18.20
First goal: 21.93
Second goal: 25.52
Third goal 29.12