ZECUSDT
ZECUSDT Looks Really Strong 100% Growth PotentialWe have seen a good rally in ZEC Since its major drop in march
as of now it has turned its previous high of Feb into a support now after making a new Higher High in Aug as compared to Feb with Higher Low which indicates a good bullish momentum.
The price are trading above EMA 50, 100, 200 on Daily Time frame and it adds another boost to its momentum.
RSI and MACD are also Showing good signs of Upward Trends.
The potential TP's are marked in the Chart.
TP1 - 110
TP2 - 150
TP3 - 175
Open
SL Manually Daily Close below EMA100
This is not a financial advice.
DYOR
Thanks
Aanuj Tated.
ZEC/BTC (Major Support Tested?)BINANCE: ZECBTC
-Zcash tested the previous resistance and support area at 5200 sat
-We can see multiple candle rejections in this zone
-This is a Bullish sign but not yet confirmed
-We need to see a break of the trendline resistance
-To confirm that the downtrend is likely over
-And the dominant trend will continue higher
-Not financial advice, please exercise proper risk management
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Thank you! :)
Zcash can give us %30 Profit with just Fibo levels + 50/200 MASometimes we focus on too much details and forgot basic fundementals..
- Here we have 200 days MA work as good support. The last time price go below 200 MA was in 10th March took just 1 month.. 200 days moving average is key level for ZEC.
- Sto RSI started to turn out positive
- Price was at the highest $102,74 on 6th August ( Top price)
- Price was at the lowest $56,77 on 3rd September ( possible bottom)
I setup Fibonacci on these levels and i noticed Fibo 0.5 level was equal to 50 days moving average. I think we may sell some sell opportunutiy here.
- We can gain possible %30 profit from $61 to $76 .
Risk reward ratio is 2.75
Stop loss level i put $50.56
Please read this first !
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Regards
ZECUSDT AnalysisAs you can see on the chart EngineeringRobo and I are neutral at the moment.
If you are currently holding ZEC at the moment, hold and pay close attention to EngineeringRobo sell signals or if you are more conservative, sell at the support level
If you are planning to buy, look out for Engineering Robo Buy Signals, or you can buy at the support level ($55.04)
No matter which level you are buying, watch EngineeringRobo signals carefully.
ZEC/USDT 12h (Binance Fut.) Ascending channel on midline supportZcash is looking very bullish on High Time Frame (HTF) right now.
Current Price= 77.37
Buy Entry= 77.82 - 74.82
Take Profit= 86.58 | 95.61 | 113.17
Stop Loss= 69.46
Risk/Reward= 1:1.5 | 1:2.81 | 1:5.37
Expected Profit= +40.32% | +75.84% | +144.84%
Possible Loss= -26.97%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 800h
ZECUSDT Dynamic Resistance| 200 EMA| Swing High| Weekly S/R Evening Traders,
Today’s analysis – ZECUSDT – breaking above key dynamic resistance with a retest, a move to swing high is plausible.
Points to consider,
- Weekly S/R respected
- Dynamic Resistance (retest)
- 200 EMA support
- RSI respecting midpoint
- Swing high target
ZECUSDT has respected weekly S/R which allows us to have a bullish bias on the market.
The recent dynamic resistance retest is a confirmation of a true break. Follow through will be needed for continuation.
The 200 EMA is critical support to hold, price action must respect it for a sustained up trend.
RSI is trading above 50 midpoint, this is indicative of bull momentum present after a clean bullish divergence.
The immediate target for ZECUSDT is swing high, breaking this level will see macro trend continuation.
Overall, in my opinion, ZECUSDT is a valid long with defined risk. Price action is to be used upon discretion/ management of trade.
What are your thoughts?
Thank you for following my work!
And remember,
“Trading effectively is about assessing probabilities, not certainties.” ― Yvan Byeajee
ZEC VERY BULLISH (2H) LTF TREND CONTINUATION FALLING WEDGE Hello Viewers.
We have seen tremendous surges for Z-Cash already, meanwhile according to ELLIOTS WAVE PRINCIPLE, two impulses have already been completed, and we are in phase of 4th wave as correction of Falling Wedge Structure, which may continue for the final impulse for the cycle i.e Wave 5.
Possibility is it forms a Extended 5th Wave as we await for it, where as possible targets have been already been mentioned on the chart with help of previous experienced support levels and Fib-Levels.
ENTRY:
Possible Entry has been Marked at support of Wedge Structure, also horizontal support which is considered to be a strong support as it contains head of previous Wave.
If you like my ideas, please help us grow our community 'YOu_And_I' by following us. Thankyou.
GoodLuck.