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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