ZECUSDT
ZEC bullish run has much more leftMulti-timeframe showing a clear bull run with key resistance level broken 2 days ago. Despite, the healthy pullback from what likely would have created an over-extended run. The correction not only brought back experience/successful traders/investors. It is helping provide the necessary strength in what very likely will be strong support in the near and/or distant future. Bulls continue the buying spree and who can stop them. The longer timeframes printing the infamous "bull-flag" that is widely used within the crypto communities. This, undoubtedly, will continue to bring new bulls. Despite, the fact resistance broke and ZEC does have a clear path to its next level(s). Baring, of course, any volatility and/or sudden bull rush in BTC. The tight range-bound BTC has been at; does help BINANCE:ZECBTC amplify the case for the title (of "much more left) of this analysis.
$ZECUSDT / $ZECUSD BuyMost Alts are still in bearish trends seeking their all time lows (or even something below that) to potentially bounce from. Thanks to the Flourish Crypto bot I was tipped off (and automatically entered into a long position) about one Alt which has already found a strong support from its previous all time low and is now going back up. That coin is ZCash BITFINEX:ZECUSD . Privacy will always be a sought after utility in the cryptoverse. The previous high was +2000% from the current area and we haven't seen these prices since early 2017. Mining ZCash in early 2017 was how I got into crypto, man those were the days.
Have a good weekend.
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ZEC/BTC TA Update (Ready For Uptrend?)ZEC/BTC
ZEC is looking bullish to change the daily trend to an uptrend market structure.
Everything is on the chart now.
ZEC - Huge Volume Coming In, Big Move Imminent One name I noticed that was new in the top 10 alt performers for volume was ZEC. I think this may be indicative of a possible move upward here in the near future. If ZEC can break overhead resistance at .0041, there is very little resistance in its way upward which could mean big gains. The daily MACD is showing a bullish cross over the signal line and there's good bullish divergence. With this uptick in volume, I think this is what ZEC needs to break overhead resistance and start a strong bull run. I'll be buying the breakout.
ZEC/USD BUY SIGNALThis is a short term buy opportunity, which actually could be a perfect long term entry. Soon we'll find out.
But this potential impulse could take us to $60 area.
ZEC/USD could repeat Ontology RallyI've just compared chart of ZEC/USD and ONT/USD. We know that ONT has recently had a nice run up and prior to it, there was a decline.
This decline is like a copy paste on ZEC/USD.
If this patter will repeat, very soon we'll see zCash trading at $60
ZCash Major ResistanceIt seems that ZCash will be accumilating for some time before revealing the next move.
For now, I'd expect it to reach the major resistance at $35.3. Then consolidation will either start or we'll see a break above, stimilating buyers to enter long positions.
On the other hand rejection of this level would lead to either another accumulation phase or could even push price lower, towards $30 area.
ZCASH key supportI am watching this upport very closely. Considering I am all in Zcash, will exit if there will be a confirmed break below.
ZCASH at the supportI am watching the Gann Fan trendline for either rejection or breakout. Currently the 15m, 1h and 3h candles all closed above it, which could be the end of the downtrend.
Lets see how it turns out.
ZEC buy confimrationHere is what I see as a strong buy confirmation on ZEC which would potentially confirm the bull run.
ZCASH $250 - $1000 - $6000Here are some key levels I am watching in the long run. Pehaps would be of use to you too )
Good luck
There won't be a better time to buy ZcashWe are holding a key support. Accumulation is comming to an end. New bull cycle is about to start.
