ZECUSD
Zcash ZEC Crisis Continues. Liquidity x Price StalledHalo is coming soon, but nobody cares, nobody knows, nobody has money to invest for Zcash
Among the features included in the next Zcash network upgrade is Unified Addresses. The unified address (UA) is a future-proof Zcash address format that improves usability, increases the ease of interoperability, and supports shielding Zcash by default.
In this post, we will explain the benefits of unified addresses, how they work and how they fit within the broader Zcash ecosystem.
Background
Zcash is always improving — implementing cutting-edge cryptography with secure, professional-grade code. As Zcash evolves, new value pools are introduced that offer better features and benefits. This was the case when Zcash upgraded from Sprout to Sapling, and it will be the case when Zcash upgrades from Sapling to Orchard.
Multiple address types can negatively impact the user experience. They are not unique to Zcash; in fact, many protocols face this challenge, including Bitcoin. This is because certain protocol improvements (such as SegWit in Bitcoin) require a new address format.
UAs make Zcash easier to use by removing the complexity of multiple address types. This simplifies the user experience — no more juggling addresses — and increases interoperability between shielded-only applications and transparent-only applications. If a wallet supports auto-shielding (a new feature included in Halo Arc), their users can be confident that their funds will be shielded by default and stored in the latest shielded pool.
UAs will also make network upgrades easier because Zcash can iterate quickly without introducing new address types — solving a huge problem faced by many protocols today.
The single-address standard will also advance use cases related to Layer 2, DeFi and interoperability, because it will be easier to build applications and tools for Zcash.
What are UAs?
Unified addresses are generated from a set of multiple Zcash address types (i.e., transparent, Sapling and Orchard). Think of unified addresses like a universal travel adapter that lets you plug into different sockets. They make it easy for wallets to migrate funds to the latest shielded pool while gradually deprecating older technology. With unified addresses, wallets will default to moving coins to the latest shielded pool supported by the wallet. These features, auto-migration and auto-shielding, are part of ECC’s Halo Arc product suite.
With the upcoming Orchard upgrade, there will not be a stand-alone Orchard address. Instead, users will access the Orchard shielded pool through a unified address.
ZEC - Holders capitulating😱Reasons to take short:
⭐️ BTC bearish
⭐️ Level is 4 days long
⭐️ Price at historical lows
⭐️ Previously trapped bulls with nice-looking trendline
⭐️ Dense range
⭐️ 8th touch
⭐️ 40 ATR
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
ZECUSD ❕ volatility narrowingZcash went up from the descending channel.
Price is moving between two liquidity zones.
During the sideways movement, trading volumes decreased.
Volatility has declined.
Price and RSI have formed a bullish divergence on the 30m Timeframe.
I expect that after a break of the downtrend line the price will test the upper boundary of the liquidity zone, and after fixing above it will start the upward movement.
ZECUSD ❕ Head and shouldersZcash is moving in a downward channel near the upper boundary, between the two levels.
While moving near the support level, the price formed a head and shoulders pattern before reaching the resistance level.
Price is above the major MAs (1H TF)
50MA broke up 200MA (30m TF)
Price is above liquidity, but volume growth has slowed.
I expect the ZEC may continue to bounce if it fixes above the resistance level and trading volumes increase.
ZCASH Is Stuck between a Bearish & Bullish Trend!ZCASH is in a Symmetrical Triangle which means the Price has the chance to be Both Bullish and Bearish. No break out Has Happened yet So We Can not Determine the Trend Yet But It should Happen Soon. price in Bullish Scenario will be Reach around 140$ and in the Bearish Scenario It will reach 70$.
-ZCASH Is in a Symmetrical Triangle
-No break out
-Bullish Scenario:140$
-Bearish Scenario:70$
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Thank you for seeing idea .
Have a nice day and Good luck
ZECUSD ❕ gaps during growthZcash dropped below the mirror support level after reaching the upper boundary of the channel.
Growth happened on declining trading volumes.
During the growth, the price formed several gaps.
ZEC is testing the 200MA on the 4H Timeframe and the downtrend line.
I expect that the price may continue the correction after fixing under the resistance level.
ZECUSDT - SETUPZECUSDT's price squeezes at 89.7$ into a symmetrical triangle and reaches the apex. But the problem for Bulls is EMA21 lying at a critical resistance zone, if they succeed to break that level we may find a good upside but there is an equal probability that the price may break down to establish an undercut towards 86.0$ and then find the rhythm. Accumulation can be done in that zone. Good Luck
Zcash (ZEC) formed bullish BAT for upto 134% big moveHi dear friends, and welcome to the new update on Zcash (ZEC).
Previously on a long-term monthly view, ZEC formed bullish Shark , and we had a nice trade.
This time on a weekly time frame, ZEC has formed huge bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ZECUSD ❕ above the downward channelZcash is above the point of control.
ZEC is retesting the 200MA and the upper bound of the descending channel on the 1H Timeframe.
A bullish divergence is forming between the price and trading volumes.
I expect that the price may continue to rise after fixing above the resistance level.
$ZEC - Retracing to Bullish OB Then Attack Liquidity Above *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
TLDR;
Entry: 92.3-92.5
Stop Loss: (88.5-89.2 Depending on Broker and how much your willing to give up below the Bullish Order Block)
Take Profit 1: 96.3-96.4 20-25% of profit removed here (Move SL to 90)
Take Profit 2: 97.4-97.6 (Bulk of the trade off here up to 85%-98% of the trade, move stop into break even)
Take Profit 3: 99.5-99.6 (127% Extension meets the Fair Value Gap Above the equal highs/Liquidity Line
On the Hourly it appears that after price had broker the structure of the lower dealing range, it retraced back down to the breaker of that range and continued up until it hit equal highs with the price before th major drop off. These equal high are creating artificial Liquidity meaning that most traders who see the equal highs automatically think "Resistance" It may be met with some resistance but smart money or Institutional traders know that there are retail traders that have their shorts sitting there with, most likely, a short stop loss.... Or a buy stop with a short stop loss. I see this everytime, The price will come trigger the buy stop people and to take out the SL of the people Shorting with a limit, then it falls more to take the buy stop traders SL out, then continue up to find an imbalance or liquidity. And there's an imbalance at exactly the 127% extension.If there's a slight chance that doesn't happen I do have multiple take profits set up, but more than likely this will be the scenario. I've seen play out so many times that I know there's players in the room with large amounts of money able to manipulate the charts right when they want to. If this doesn't Happen, I'LL be Surprised.
Good luck and happy trading :)