ZECUSDT
ZECASH is undervalueZcash is one of the cryptocurrency that I hold in the highest estimation.
Before following, the purpose of this analysis is to demonstrate with the Technical Analysis some of the possibilities bringing a complementary study on this asset.
Being useful for you and also if you have liked to tighten the LIKE, comment and share.
Next, ZECASH is in a very large asymmetry, not making clear a pattern.
But we see here in the daily graphic, when the price returns to work above the U$50 it reacts by making bullish movements, but it still can't get out
of resistance.
So here we are presume that it is at the beginning of a potential wave 3 projected to go up to over 200 dollars.
As I said the price is quite asymmetrical, so it is a bit more difficult to control the risk.
On the other hand I see the price going inside a rising channel .
A very strong movement should happen in case it breaks the returning line of this channel.
Anyway, for those who believe in an Altseason, ZEC is a good bet and can give returns of more than 1000%.
Zcash formed bit Shark for upto 2250% bullish rallyHi friends hope you are well, and welcome to the new update on Zcash.
On long-term monthly time period chart, the price action of the ZEC has completed the final leg of the bullish Shark pattern and entered in potential reversal zone.The price action cannot enter in the negative zone therefore it is not possible that the price action may move more down upto 1.13 Fibonaicc retracemtn level. The priceline of ZEC has found a firm support at $20, therefore it can be considered as a maximum extent of potential reversal zone area.
Possible profit and loss ratio:
This trade has a huge profit possibility of 2250%, and the loss possibility is 74%.
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.
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ZECUSD (ZCASH) - INVERSE HEAD AND SHOULDERS PATTERN ANALYSIS 🔎
- ZECUSD is printing the inverse head and shoulders pattern.
- This is a trend reversal pattern.
- It is a bullish pattern.
BUY ENTRY ⬆️
- Breakout above the neckline resistance.
TARGETS 🎯
- Horizontal resistance levels (R1, R2).
SETUP INVALIDATION ❌
- Breakdown below the right shoulder support level (S1).
ZECUSDTZcash have to retest the dynamic resistance plotted in chart after that 2 scenarios will be happening
1- the chart cant break the resistance and chart falls more
2- the chart breaks the resistance and do a pull back then go for more
anyway in short term the chart have to retest the resistance in bullish state
$ZEC/USDT 3h (Binance Futures) Symmetrical triangle breakoutZcash has broken out of that symmetrical triangle which looks like a bullish pennant.
Current Price= 111.00
Buy Entry= 110.21 - 107.97
Take Profit= 114.58 | 120.69 | 128.97
Stop Loss= 103.60
Risk/Reward= 1:1 | 1:2.11 | 1:3.62
Expected Profit= +10.03% | +21.26% | +36.44%
Possible Loss= -10.03%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 120h
ZECUSDT - Symmetrical triangle Analysis 🔎: ZENUSDT is consolidating in a symmetrical triangle pattern.
Breakout is imminent.
Bullish ⬆️: breakout above the symmetrical triangle's inclined resistance.
Bearish ⬇️: breakdown below the symmetrical triangle's inclined support.
Possible breakout price actions are indicated by the arrows on the chart.
Targets 🎯: Bullish ⬆️ - horizontal resistance levels (R1, R2).
Bearish ⬇️ - horizontal support levels (S1, S2), fibonacci extension levels.
ZEC in a beautiful canalZec is in a very beautiful canal which is very clear. There we are in a triangle or we must wait if it comes out from the bottom or the top.
If it comes out the bottom then TP: $ 75
If it is from the top:
TP: $ 127
And if we break the canal from the top, it's: $152
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Good trade for all !
Z cash, possible downtrend incoming.I have noticed a correlation between the movement of price and the ichimoku cloud with Zcash imparticular, the hourly shows a clear downtrend in the near future.
I notify you of bullish moves in the market so I think its only fairthat I notify you of bear markets, I don't think this is a permanent bear trend, but it may be a critical stop point you may want to consider if you are not wanting to sit through a dip Buy low, sell high is the game friends.
ZCASH Bull Flag Formation can take us higher.ZCASH has been forming a bull flag pattern over the last couple of days and could take us another leg up. $ZEC as a whole looks bullish as its been in accumulation for 2 years and is looking to break out. If you'd like to see the 2 year chart I made some analysis on that on my previous post. Thanks.
tip: who care about privacy!! analysis of Zcash ...( ZECUSDT)What Is a 🌟Zcash 🌟?
Most blockchain projects in the world have similar ideas and applications, but there are a few that stand out with a number of unique features, one of which is Zcash.
Zcash is a decentralized peer-to-peer payment network and a cryptocurrency with the acronym ZEC. This cryptocurrency is a fork from Bitcoin and its number of units, like Bitcoin, is limited to 21 million units. In fact, bitcoin codes have been used to make Zcash.
Zcash, like Bitcoin, has its own blockchain and is based on mining. A feature that sets it apart from Bitcoin and many other currencies is the ability to conduct private transactions.
Unlike bitcoin, which has transparent transactions, smart users can enjoy complete privacy in transactions. In Bitcoin, you can track a transaction and view assets at an address, but according to the Zcash development team, it is possible to hide everything on the Zcash network.
F or people who do not want their transaction details to be disclosed, Zcash can be a good option.
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❇️Quick Technical analysis
Zcash registered positive gains across a turbulent broader market.As you can see in the chart, the cup and handle pattern is formed, which promises growth in the not too distant future and completes the movement of the pattern.
in the 4-hour chart showed that ZEC has been on an uptrend since the beginning of the month, posting solid gains during this period. In fact, ZEC’s weekly gains of over 67% were the highest among most cryptocurrencies. For now, the market’s bulls have a strong grip over the crypto’s price, with the latter showing no signs of slowing down in the near term.
The Relative Strength Index was moving north towards the overbought zone, a sign that the price could surge even higher before an eventual correction.
The Parabolic SAR’s dotted markers were below the candlesticks, confirming the bullish nature of the price.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
ZEC 12h "Feast at a time of plague" Growth and delistingThe previous ZECUSDT idea clearly worked out towards the target of $50.
However, the clouds over the coin never cease to gather, because on 1 January 2021, Bittrex claimed that it will remove the anonymous coins Monero (XMR), ZCash and Dash on Friday, 15 January at 23:00 UTC. Then the value of all coins sharply fell, but ZECUSD did not update the low , it was the first bell that there might be growth.
The same thing happened the other day in the DASHUSDT pair. The day before the growth start, we warned with the idea that you can quickly earn +60%, whoever wanted and believed - became richer in a matter of days)
It looks like ZECUSD is being artificially pushed upwards to sell it expensively before delisting.
The upper target of this growth is $125, it is better to say goodbye to the ZEC before this level and look around. Will delisting of anonymous coins be Bittrex's sole campaign or other exchanges will support the negative.
A break above $125 will quickly push the price up to $150, but a correction to the range of $80 is more likely.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Offshore to the top floor - ZECDear traders,
Intro: My name is Hugo, I am 24 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
Analysis: Zcash's volume profile (VPVR) is at the bottom, which might indicate more buying volume than selling volume. Beautiful patterns recurring as pointed out on the chart and fundamentals are, in my opinion, really good. Big players (Grayscale & Gemini) do not seem to care about Bittrex delisting the coin (Tweets of Barry Silbert and Tyler Winklevoss, respectively). Been accumulating this coin for a long time now... Hope it will take off. This is my short-term target, for long-term targets check out Path's chart ;).
Conclusion: Up only, buy.
Goodluck,
Doctor Hugo
Edge on ZEC breakoutBought at 72,90 (green line) and stoploss 1 ATR under orange trendline at 47
4D Stacked market structures:
- Breakout triangle upside
- Breakout resistance
- Breakout Pivot Point line
- Breakout EMA 21 and 50
- MACD bearish momentum decrease
Target 1 PP line R1
Target 2 89,8
Target 3 94,4
Target 4 109,4