ZECUSDT
ZEC/USDT - 4h - Analysis published on 03/03/2021Moon to Earth ... Hello World, it’s Cosmo 👩🚀 again and by popular demand I additionally analyze the ZCASH (ZEC) Token against USDT tonight:
So, let's get started 😃 … Summary of the Analysis: ZCASH/USDT (4 hours time frame)
Trends: Short Term - Bearish & Long Term - Strongly Bearish
Crypto Screener™ (by TradingView) Rating: NEUTRAL
Technical Indicators (by TradingView & intotheblock): SELL
- Summary: 11 Bearish; 10 Neutral & 5 Bullish
- Oscillators: 0 Bearish; 9 Neutral & 2 Bullish
- Moving Averages: 11 Bearish; 1 Neutral & 3 Bullish
Fundamentals: SELL
- Circulating/ Max Supply = 54% --> SELL
- 848 out of 1,000 Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto)
- C+ SIMETRY™ Rating (by Crypto Briefing) --> SELL
- BB Rating with stable outlook by TokenInsight
- 79.4% out of 100% Asset Score™ by TokenInsight --> SELL
- No Dynamic Performance Score™ by TokenInsight
AI (Artificial Intelligence) by CENTRALCHARTS: SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): negative
- 4h (4 hours frame): neutral
- D (1 day frame): neutral
- 7d (last 7 days): negative
My Opinion: SELL - Bearish under USD 139.60
My targets: USD 103.47 (-13.1%) & USD 46.98 (-60.5%) from current price level
ZEC/USDT follows a very strong bearish trend since ATH (all time high) on 02/08/2021. Traders may consider only short (sell) positions if the price stays well below USD 139.60 (Stop Loss Level = 1st light green line above current price; +17.3% from current price level). Next support levels are indicated as light red lines in the chart. A bearish breakout below a support line would increase bearish momentum.
Signal Force (0-10): 8 = very strong force
To sum up my opinion: I’m convinced that the ZEC Token is substantially overpriced with the recent PUMP ACTION and will retrace back to it’s lows from before the parabolic move. In the long run it might disappear.
We are currently trading around monthly VWAP. Should we break significantly downwards this would be a strong SELL signal.
Please note that as a Hedge Fund Manager I would NEVER go outright short = only sell short ... I always have potentially overperforming coins or tokens long against the shorts!
The trick is, that (because of good research) the longs perform better than the shorts in all market situations.
Like and follow as the next analysis will focus on over- and underperforming (compared to BTC) Coins or Tokens again.
With this information you'll then be able to go LONG potentially overperforming Coins/ Tokens and to go SHORT potentially underperforming Coins/ Tokens and to do what the big guys do 🤑: Organize your Crypto Portfolio as a Hedge Fund.
Heard about this? With this successful trading strategy😍🍀💵 you'll be able to make money in all market situations and independent from the price action and level!
Happy trading everyone … comments welcome!
Published on 03/03/2021, 00:00 AM (UTC+1)
ZECUSDT Short TermZEC after breaking its resistance ,is moving slowly through an ascending channel. At this moment, it is on the bottom of channel and on the support so I am expecting the pump and breaking of resistance . In 4h and 1h, it hits LH and in a short time uptrend ,it will be able to find its route and reach its goals.
ZECUSDTHello to you all. Mars Signals team wishes you high profits at all times.
According to this that the price has reached a level after which always the price would experience a rise, we expect it to rise again. If it is able to break its bullish triangle, it is possible for it to see higher prices.
But you also need to keep this in mind that if the price faces another failure in rising, there is more possibility for further falling.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ZECUSDTBitcoin stopped its dumps/pumps leaving a bit space to the alts for their own pump :)
entry: around 170
TP1: 193
TP2: 209
TP3: 217
TP4: 234
TP5: 259
SL: 141,44
Check my website for tutorials, examples and calls :)
cry-pto-surf.com
- My trades are not financial advices
- always use stop-loss
- invest only the amount of money you are ready to lose
- trade with a strict money management method
ZECUSDT (ZCASH) - UPTREND CONTINUATION ANALYSIS 🔎
- ZECUSDT hit swing high.
- The market then retraced for a retest of the flip horizontal support (S1) and fibonacci retracement levels.
- A bullish pin bar (hammer) was formed at the retest area.
- Price action is printing a pennant chart pattern.
- A pennant chart pattern is a trend continuation pattern. In this case, a bullish continuation pattern.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Breakout above the pennant's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant's inclined support.
ZECUSD / New HighZCash hits a New High today ,but ran into resistance zone.
Bullish tagert is still at least $191 (1.618 Trend-Based Fib Extension).
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.