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ZECUSD

ZCASH x200One of the core features that missing in BTC is privacy. Zcash might be able to fix this issue and reach mass adoption, and if succeed, price will skyrocket. Zcash could be in demand on all decentralized exchanges to hide "buying and selling power". Actually there are too many use-cases for it and I think that privacy coins will be in great demand in coming months, years. Recently, Zcash got delisted from few exchanges due to the ban on privacy coins. Although we should not read the actual news, but think as to why such news are given to us ))) It seems like big boys are trying retail traders to sell ZCASH at a bargain price, and once that is achieved... well you know what will happen. I've looked at all top altcoins and hardly find any sell signals if any. Most are giving a strong buy, and through out this week it has only increased. This leads me to conclusion that altseason has just begun! Obviously I might be wrong and we yet to see how far, if at all, price will rise. However, in the long term, my choice is "privacy" and I go with Zcash. (Not monero or dash for certain reasons, although they could be top gainers in coming years as well)
POLONIEX:ZECUSDLong
by CryptoPAMM
5
Zcash Analysis: Bullish Breakout on the Daily TimeframeConclusion for today’s Zcash Analysis: Breakout from the long term bearish channel implies higher prices in ZCash (ZEC USD). A log scale is used on the Daily timeframe for today’s Zcash analysis. A bearish channel is used to provide perspective for price action starting from June 25, 2019 to October 24, 2019. The bearish channel lasted for about 4 months prior to price successfully breaking out and closing outside the channel. This implies higher prices in Zcash and conditions less in favor for any bearish Zcash trade. Any long (buy) trades in Zcash can be expected to run into resistance at the 200 Day moving average currently at ~64.04. In addition, 44.52- 53.45 is marked as price levels to watch for immediate resistance due to a change in polarity at the aforementioned price levels i.e. support turning into resistance. Buying on a break above ~42.41 can be considered as part of the strategy for entering long (buy) Zcash trades, while very conservative strategies include buying on a break and/or close above the 200 Day moving average. The upper boundary of the bearish channel can also be anticipated as support if there is any retracement from the current price level. In such a scenario, price consolidating at the boundary can offer opportunity to enter long (buy) positions in Zcash (ZECUSD).Price closing below ~31.63 reduces the chances of the bullish analysis above from transpiring.
BITFINEX:ZECUSDLong
by Coin_Analyst
1
ZEC weekly log scale SharkUsually when measuring the retracements for potential harmonics we use the Linear Fibonacci scale but i think it might be acceptable to use the FIB tool adjusted for log scale in certain instances and this is one of them. Pay no mind to the numbers auto generated by the Cypher tool as those numbers are only Linear scale retracements and the tool doesn't have a log scale adjusted option like the FIB tool does. For those who would like to check the measurements themselves I have color coded each individual set of waves: XA-B retrace in Orange AB extension to C in Blue BC extension to D in Green X to C retrace to D in Black. I have also marked the PCZ of the shark in the Blue Box if pattern is valid we will see a reversal between the 886 and 1.13 retracements. Price-wsie that's between 37-15 dollars Yea i know, that's a huge zone of reversal but that's the nature of a Shark pattern. because of how big the reversal zone is it is too early to plot fib targets for the pattern for i currently don't have a definite price to fib from yet but something i can say is no matter where it reverses in this zone even a 0.382 and 0.50 retrace would yield a 100-200% move. Alternatively I have also spotted a broadening and descending wedge marked in the green trendlines and are currently showing TDI-RSI bullish divergence from the lows back in December and February to our current lows a breakout of the wedge on it's own gives us a measure move back to around 300 if we're being conservative. ZEC has never been my favorite coin but based off the technicals presented here i find no harm in trying to own atleast a few of them then forgetting about them to see how this pattern plays out.
POLONIEX:ZECUSDLong
by RizeSenpai
1