ZEC/USDT Bullish TA Update. Target 95%..?#ZEC/USDT TA Update:-
#ZECUSDT currently trading at $60-$61
I am buying here some and also waiting for some more dip.
Why..?
According t chart Bullish flag view.
So I am expecting something big from #ZEC within few days/weeks.
Support:- $57/$52
Resistance:- $64.88/$73.24/$87/$98
So I also buy more if breakout Resistance level I mentioned in Yellow colour.
Entry:- $58-$61
Targets:- $65/$74/$87/$98
Stop Loss:- I will mention.
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ZECUSDT
ZECUSDT Dynamic S/R|Golden Pocket|200DMA|Range High|Price ActionEvening Traders,
Today’s analysis – ZECUSDT – trading at a key trade location where an impulse move is probable,
Points to consider,
- Price Action Pivot
- Range Mid Support ( Technical Confluence, Golden Pocket & 200 DMA)
- Range High Resistance
- Oscillators Divergence
- Increasing Volume
ZECUSDT’s immediate price action is holding support with technical confluence; this allows us to have a bullish bias.
The Range Mid is being respected in confluence with the golden pocket and 200 DMA. Price Action has a high probability of bouncing here.
Immediate resistance is considered range high which has been tested recently. Breaking this level will be deemed bullish with further upside.
Both oscillators are currently neutral respectively; momentum will start to pick up when maintaining bullish control zones.
The volume profile is increasing, momentum will sustain with increasing volume, and failure is bearish.
Overall, in my opinion, ZECUSDT is a valid short with defined risk; price action is to be used upon discretion/ management of trade.
Hope this analysis helps,
Thank you for following my work!
And remember,
Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets.
Michael Carr
ZEC - BULLISH INDICATORS!ZEC may have found support at the 200 SMA on 1hr TF.
Here are some bullish ideas:
-Recently broke above significant trendline - this is the RETEST.
- Possible bullish cross on Stoch RSI
- Possible Inverse H&S playing out
- 20 and 50 SMAs are bending towards bullish cross w/ 200 SMA (very bullish)
- There's a lot of trade volume in this area.
ZEC/BTC (Bearish Retest?)💎Technical Analysis Summary💎
BINANCE: ZECBTC
-Zcash broke its local support during its mini rally up
-If this is just a small Bearish pullback to test previous support
-And continue lower again, the downside target is around 5000s sat
-So please always plan your next trade
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ZECUSDT Falling Wedge| 00 MA Support|Local S/R Flip|Bullish DivEvening Traders,
Today’s second analysis – ZECUSDT- trading in a falling wedge pattern that typically breaks bullish,
Points to consider,
- Price Action Bullish
- Local S/R Support
- Swing High Target
- RSI Divergence
- Volume Influx
ZECUSDT’s immediate price action is bullish trading towards its apex, this allows us to have a bullish bias on the market.
Local S/R is in confluence with the 200 MA as support that has been respected, breaking this level will negate our bullish bias.
The swing high is immediate target, breaking above will establish a new local high and increase the probability of trend continuation.
The RSI has a valid bullish divergence, this signals momentum shifting in the immediate short term,
There has been a valid volume climax node, climactic volume usually is indicative of a temporary bottom being set.
Overall, in my opinion, ZECUSDT is a valid long with defined risk, price action is to be used upon discretion/ management of trade.
Hope this analysis helps
Thank you for following my work!
And remember,
“It is always the best discretion to let the market show us where it is going and just simply follow (this would be prudent), rather than predict where the market is going and place a position (this would be gambling).” -Anne-Marie Baiynd’
ZECUSD is getting bounced from the strongest support lineHey, friends hope you are well and welcome the new update on Zcash (ZEC) coin.
By the grace of Allah the most high my previous idea has been executed exactly as per defined targets:
Now on the weekly chart the priceline is having very nice bounce from 25 and 100 simple moving averages moreover the 25 SMA also has formed bull cross with 100 simple moving average. The 200 SMA is at $135 that can work as strong resistance as well.
On daily chart the priceline is moving in down channel since 1st Aug 2020. Now finally the priceline is closed above exponential moving averages with the time period of 10 and 21. The EMA 10 and 21 also have formed bull cross that can lead the priceline of Zcash to breakout the resistance of this down channel as well.
Volume profile of complete channel showing no interest of traders below $51 and very less interest above $80. Therefore a movement upto $80 is confirmed and there will be less chances to break down the support.
As we have seen earlier that the priceline of ZEC is getting bounced from the 25 and 100 SMAs on the weekly chart and also closed above the EMAs 10 and 21 on daily chart and likely to break out the resistance of the down channel as well. In the meanwhile, it has also formed the most significant bullish move and that move is the price action has reached the support. And this is the most strongest support since Nov 2019. We can observe that after reaching at this support the priceline 1st rallied 186% then 209%. At this time we can again expect another powerful bullish move again.
Conclusion:
Even though the priceline is having a very nice bounce from the long term support on weekly chart, however, we should use this support as stop-loss as well. If the next bullish rally will be started from here (as it seems to be) then a move up to 200 SMA can be expected that is at $135 at the time of writing.
ZEC.12h. Purchasing zone $42.5.In half a year, one of the old crypto coins ZEC made x6 .
The only significant news on the horizon of ZEC is the mid-November halving.
It seems that ZEC is traded only by those who mine it and then sell it on the market.
Perhaps, they will be interested in this idea.
Now, we assume a fall of ZEC price to $42.5.
And from this level, we can expect a rebound to $75 , in anticipation of halving.
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ZEC/USD will rise!!!I see a bullish gartley pattern and expect a pull back to 55.85 for Zerocash. If it breaks yellow resistance in a bullish way, it can continue to its grow.
Targets:
-55.85
-58.7
-61.55
-63.30
Stop loss:
51.10
Have a nice day,
Berk.
ZEC trade setupZEC Halving coming in 47 days. Privacy coins narrative is coming back this quarter with people wanting their security back.
1. I will wait for more candles to see if $ZEC has really broken out of the resistance or whether it falls back into the wedge
2. $ZEC is forming a bullish flag with AB=CD and possibly it could stay above the resistance line for longer and converting the resistance into a support line.
3. Weekly Chart for $ZEC is very bullish - so it looks like its up for a 2x moonshot on weekly chart.
ZECUSD W1: BEST Level BUY/HOLD 300%+ gains (SL/TP)(NEW) Why get subbed to to me on Tradingview?
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ZECUSD W1: BEST Level BUY/HOLD 300%+ gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ZECUSD week/candle chart review/outlook
::: long-term accumulation in progress
::: BULLISH falling wedge on weekly TF
::: throwback stage now not complete yet
::: mid/long-term SUPER BULLISH OUTLOOK
::: super strong chart bullish outlook
::: short-term more downside expected
::: accumulation mid range will get re-tested
::: required now before bull run can resume
::: BULLS should get ready to BUY PULLBACK
::: we are setting up for a strong move
::: within next few weeks max (3-6 weeks)
::: recommended strategy: BUY LOW 36/38 USD
::: TP BULLS is 250/350% gain BUY/HOLD setup
::: SWING trade setup / no fast gains here
::: BUY/HOLD / do not expect miracle gains
::: SL is 20% max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS/PRZ/REVERSAL
::: Sentiment outlook short-term: BEARS