ZECUSDT
Zcash longFirst lets get past resistance 1, then we can move onto the 2nd at $750-$800 then (not really a resistance) more of a checkpoint at $2500 (by end of summer)
$ZEC/USDT 1D (Binance Futures) Ascending channel trendingZcash is surely up-trending and has shown much recovery power during last weeks.
I guess a last leg down could still happen that's why I placed entries there.
Let's swing it to a new yearly high then, if you are impatient better avoid that trade!
Current Price= 247.15
Buy Entry = 211.72 - 196.80
Take Profit= 264.51 | 351.21 | 467.98
Stop Loss= 169.92
Risk/Reward= 1:1.75 | 1:4.28 | 1:7.68
Expected Profit= +29.50% | +71.94% | +129.11%
Possible Loss= -16.81%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 3 months
ZEC, Time to grow!It's time to break the resistance line!
Please Like, write a comment, and share with others!
ZEC USDT IdeaZec price moving above all the major ema(s) on 4h tf
also, it did a double break out (one from the major trend resistance and one from ascending triangle and retest the top side of it) it's looking very bullish to me and I expect to reach all my target on the chart
and also price moving in the ascending channel since the beginning of the year so touch the top side of this channel is very likely
also most of the privacy coins pumping nicely so this can pump a lot too
ZECUSD to push higher???For those onboard ZECUSD has a great run a few weeks ago. This morning it formed an Ascending Triangle and pushed out of the Keltner Channel indicating short term bullish trend. Considering the long term bullish trend as well and especially the delayed sympathy in the price action to BCHUSD, both essentially BTC forks with slightly different functionalities, there's a high probability of a push MUCH higher.
IF.
If it can break the resistance at 299. Currently it's stalling there at the high from April 17. And 300 has that whole number rejection power. An other concern is the time of day. We're at 6:30pm EST now and sometimes there can be unpredictable low volume pullbacks. If it doesn't make it through tonight I think there's very good chance it will try again in fairly short order. IF we can push through the Double Top we could be home free for a bull run similar to BCHUSD.
Price target: 420. :o
ZEC comeback - Altseason 2021 part 2ZEC got dumped hard when Bittrex delisted them and other privacy coins.
Now everybody realise that privacy ROCKS!
This thing is BULLISH af.
Rounded bottom, bowl consolidation and now breakout makes it a no brainer.
Target 1 : 380$
Target 2 : 500$
Target 3 : 730$
Gotta have a bit of patience with this one since mesured movement says target 3 could be hit in September. Its worth it!
