ZECUSDT Assessing Bullish Potential in Current demand?👀 🚀ZCASH💎 Paradisers, turn your attention to BINANCE:ZECUSDT as it unfolds a key movement in the market. Trading in a demand zone, it is aligning itself for a likely bullish progression.
💎 Recently, #ZCASH demonstrated respect for the internal supply level at $34.76, encountering it for the third time before initiating a downward trajectory. Currently, It is holding above the trendline. An intriguing aspect to note is that despite facing strong rejections from the supply zone, $ZEC has not breached its previous low, hinting at a robust potential for an upward movement.
💎 However, in the ever-changing terrain of cryptocurrency trading, #ZEC traders must be prepared for diverse scenarios. If $ZEC struggles to maintain its bullish course and falls below the current demand level of $29.72, a change in market direction might be imminent. Traders might then need to adjust their strategies, focusing on a bullish resurgence from the support level of $28.61.
💎 Importantly, should #ZEC descend below this secondary demand level, it would necessitate a critical reassessment. Such a turn of events could suggest difficulties in sustaining the bullish trend, calling for a strategic reevaluation and adaptation of trading approaches. 🌴💰
ZECUSDT
ZEC/USDT Secondary trend -94%. Downward wedge. 29 11 2023Logarithm. Time frame is 3 days. Linear for clarity. Secondary trend that formed a descending wedge (bullish potential). This is all down -94% from last cycle's highs of $369.18 Halving (second one in history) will approximately be 17 11 2024. The chart for orientation to key resistance areas has shown the percentages that are very likely to be reached in 2024 (pardon my French).
Major trend. Time frame 1 month.
ZEC/USDT Major trend. 2 halving 17 11 2024. 17/160,18
Simplifying the complex is the key to success.
Simplifying the simple is a guarantee of misconceptions and mistakes.
The key to good work of a trader is knowledge and experience, which always leads to simplification of actions, not to complication !!!!.
ZEC/USDT Major trend. 2 halving 17 11 2024. 17/160,18Major trend. Large time frame for clarity. Old exchange Poloniex (low liquidity) due to long trading history to show everything clearly. As you can see with each cycle the highs are decreasing....
Cycles of life and death . This cryptocurrency is going into its third cycle. It will most likely be the last because of its anonymity. In a decentralized super centralized world, nothing can be anonymous! Am I wrong? States don't need anything anonymous. The demands of market regulation will “strangle” anything anonymous. But, this is later, and before the halving, which will happen on 17 11 2024 with a high probability they will pump up to 160.18$, and maybe even higher, if the card falls.
Saving "dirty money" when CBDC is introduced by banks . Some people think that when CBDC of central banks is introduced, through anonymous coins like ZEC, HMR and so on, big capital will "save" their shadow money. A fairy tale for school children. I have little faith in it. I think such money has been saved long ago. Although this story to create a news background as a reason to pump has a place ....
It's worth noting that BCH and BTC will first halve in April 2024.
News from Satoshi . By the way, "rumor has it" that closer to the summer of 2024, according to the plot of our crypto movie called good/bad, a new “Satoshi Nakamoto”. Will be announced, who will plunge everyone into “uncertainty of actions/consequences” in the market. Rumors also claim it will be the universally hated villain, Craig Wright). Do you think the role will go to another villain, Roger Ver? Or have these two characters already played out and the role will go to someone else? Or maybe the plot itself will be canceled? Perhaps. Time will tell, the manipulators can come up with anything, that's not the point.
Immunity from news nonsense. The main thing is to treat such "crypto stories", even if there is a real imitation of provability, with the utmost equanimity. Remember, no matter what is going on, it is all a hoax to capitalize on the direction of the trend. The news background that is created to accompany price movement.
Line chart.
Secondary trend. Timeframe 3 days
ZEC/USDT bullish horizons? 👀 🚀 ZEC Today analysis💎 Paradisers, turn your attention to ZECUSDT as it exhibits a notable trajectory, consistently maintaining momentum above the EMA, suggesting a heightened likelihood of a bullish trend.
💎 Our recent analysis indicates its touch on the descending trendline, now serving as a foundational support, prompting a bullish direction. An immediate projection suggests the asset might approach the supply level of 29.28.
💎 If the momentum remains intact, a subsequent challenge to the next supply zone is on the horizon, especially with its steadfast position above the EMA200, amplifying the bullish perspective.
💎 On the flip side, should the outlined scenarios not come to fruition, there's a potential for the asset to chart a bullish course from the 27.49 mark. However, any breach below this could pave the way for a descent to the support level.
ZEC/USDT Break the resistance or back to testing ?? 💎 ZEC has undeniably garnered significant attention in the market. Presently, ZEC is grappling with a formidable resistance area and encountering challenges in breaking through. The historical price data reveals a flash dump following attempts to breach this robust resistance. A successful breakout from this resistance zone, probability could pave the way for reaching our target in the near future.
💎 In the event of a failure to break through in the immediate future, there's a likelihood of a valid rejection, signaling a potential downward movement towards the demand area. This could instigate a new momentum to attempt another breakout.
💎 The unfavorable scenario unfolds if, during the retesting phase at the demand area, ZEC struggles to maintain its position and eventually breaches the demand zone. In such a scenario, ZEC would revert to a bearish movement, potentially retracing to the strong support demand area.
ZEC/USDT Need to Bounce from here or Downward is coming!💎 ZEC has undoubtedly captured our attention. Currently positioned in the demand zone, ZEC exhibits signs of a bullish rejection, suggesting a potential rebound to challenge the supply area once more. For a confirmed upward trajectory, ZEC must breach the supply zone. Successfully doing so, particularly with closing above, could indicate a strong likelihood of continued ascent toward the supply and Bearish OB zones.
💎 Reflecting on past movements, ZEC has shown resilience, bouncing off the demand zone but facing rejection near the supply area, leading to a price pullback and a retest of the demand zone for renewed momentum.
💎 However, there's a precarious aspect to consider. If ZEC falters and fails to maintain its stance in the current demand zone, it might breach the demand boundary, sliding down to the support zone. Here, it's imperative for ZEC to rally, reclaiming the demand zone to set the stage for another attempt at breaking through the supply.
💎 Conversely, a less favorable scenario unfolds if ZEC succumbs to the pressure and relinquishes the support zone. Such a development could set the stage for a further descent, propelling ZEC toward the critical support area, signaling a bearish undertone for its market trajectory.
ZEC will enter a falling phaseWe are in a large diametric that corresponds to the daily time frame.
The F wave of this diametric is over and now I think we have entered the G wave of this diametric.
Wave G is an abc, which looks like we are now in wave b.
This wave b seems to have turned into a bearish triangle now. The triangle has 4 waves abcd, which now seems to be in wave d.
After completing wave e of this triangle, we will enter falling wave c from G.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ZEC is in the purchase zone !!!The price is in the global purchase zone 34.83-16.24
Purchase level 25.26
+ In the sweet shopping zone 32.62-23.91
Level 27.93
Volume price 36.57
The price of the total volume is 62.90
So far, it gives the level of 43.82 and the adjacent zone!
While watching the buying zone!!!
Zcash (ZEC) forming bullish BAT for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of Zcash (ZEC) with US Dollar pair.
Previously we caught more than 18% pump of ZEC as below:
Now on a daily time frame, ZEC is about to complete a bullish BAT move for the price reversal.
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.
ZECUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Targets: 40 - 50 - 60
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Reasonable Crypto Trade on weekly ZEC chart?Reasonable Crypto Trade on weekly ZEC chart?
Risk/Reward Ratio = 15
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
ZECUSDTTurkish description is below.
Im expecting a bull rally for zecusdt to hit 305 usd between 6 March and 1 May 2023. This comes from end of Wave C which made ending diagonal as shown on the chart.
Note that this post should not be considered as financial advise.
6 Mart ile 1 Mayis arasinda ZECUSDT paritesinin 305 dolar olmasini bekliyorum. Bunun sebebi C dalgasi biten diyagonal olarak yapmasidir.
Yatirim tavsiyesi degildir.
Zecusdt | Higher Time-frame Zecusdt
The Falling Wedfe Pattern has already broken on the Higher Timeframe
In a way Zecusdt's new life is about to start after a long time, you can expect 200-400% Bullish Move in the next two to three months.
Remember: We only give ldea's from our
experience and knowledge, it does not
mean that it will be 100% correct, the
market is always unpredictable, anything
can happen anytime.
Always trade with your own research and
knowledge. If You Are Satisfied With Our
Work Then Join.
ZECUSDT - buy low , sell highMost likely ZEC is bottoming out.
Like many altcoins it's 'cheap' now and it may be a good time to buy ZEC.
Buy low, sell high and enjoy profit.
Over 400 % to be made on ZEC.
We are not expecting new ATH but anyway there's a lot of potential on ZEC as the price is very low now.
Good luck