ZECUSDT
ZECUSDT Poloniex. Breakdown of the trendPrice broke down the level, and is traded higher, if the mood of buyers continue, the price can test the level of fibo 50%
Zec How to TradePrice bounced from the level $456 and start downward movement. Now we have a situation which can't give clear direction for possible trades. I think the best way is to wait for the moment, when price breaks the trend line and open long trades or breaks the support level and open short trades.
Z CASH GREEN LIGHTS FOR 300ZCASH is way above the Kumo cloud from 1m until 2h chart.
Green lights for long trades, looks like it will be the winner of the day.
DMI supports upward movement and rising bull strength impression.
Currently slightly getting overbought (Stoch, RSI), so you might wanna wait till the next wave down and then get in and then ride it until:
target 1: 300
target 2: 400
Stop loss: 205
Your likes are welcome, good luck with all of your trades!
Zcash Buy SignalBullish divergence gives us a trend reversal signal. The price broke SMA100 and it confirms that the downtrend is over. MACD supports upward movement. DMI shows that the bulls become stronger. It's buy opportunity. Pending orders should be placed at 235.00 level with stop orders below the local swing low at 206.00 level. Profit targets are 300.00 and 400.00 levels.
Zcash Buy OpportunityThe price bounced from 220.00 support level. RSI and a reversal candlestick pattern confirmed price reversal. DMI shows range market conditions and we can wait for a volatility breakout with further strong price movement. In order to catch such movement we should placed pending orders for buy at 235.00 level. Buying from this level, we do it not far from the possible bottom. Stop orders must be at 212.00 level which is below the local swing low. Profit targets are 300.00 and 400.00 levels. For confirmation further upward movement the market will have to pass through 250.00 level.
ZCash Consolidation ContinuesZCash has re-entered the descending channel and is now trading below the key fibo level formed by the recent swing. Now we are in the long box support zone. The uptrend line was breached so a bottoming at $216 could be expected. Further downward pressure could take price to the major key fibo support at $190. A break of the second uptrend line could take the price down to the long box support at $128.
Key levels to watch to the downside:
- Trading range support at $228
- Long box support at $216
- Major key fibo support at $190
- Uptrend line
Key levels to watch to the upside:
- Downtrend line
- Key fibo resistance at $261
- Major fibo resistance at $291
See the recently updated ZECBTC thread for another perspective:
Zcash Double Bullish Divergence The trading idea is based on a double bullish divergence. The price diverges with MACD and RSI and it gives us a trend reversal signal. MACD supports upward movement. DMI allows us to open long trades. Pending orders for buy can be placed above the high of the previous bullish candle at 236.00 level. Stop orders should be placed below the local low at 216.00 level. Profit targets can be based on whole numbers like 300.00 and 400.00 levels.
Zcash, end of retracement?According to the support line and the fibonacci retracement, I believe we are about to reverse to the bullish trend (1hr).
Also MACD indicates we are close to the reversal and RSI is sneaking up.
TP 285
SL 230
Zcash Buy OpportunityThe price dropped to SMA100 and we can expect for price reversal with further upward movement from this zone. MACD histogram supports this movement and DMI allows to open long trades. If the price breaks the downtrend line, it will be an additional confirmation of the upward movement. Pending orders for buy should be placed at 255.00 level and stop orders at 225.00 level. Profit targets are 300.00 and 400.00 resistance levels. If the market breaks SMA100, we'll have to delete buy orders and wait for a new trading signal.
ZECUSDTZECUSD in fibonacci retracement area right now. We can set buy position from this point and aim for 26% profit target (306.95) at resistance level. If this resistance break up, maximum target at 434.66
If this coin drop, 201 will be support level
ZECUSD 8h: Zcash much potential Target 250 > 300 > 410 > 620 USDI already wrote it in my last post about ETH ... Some people believe that Bitcoin will make another strong correction, I don't expect that. On september 14th bitcoin core 0.15.0 has been released and started successfully. That is also the reason next to the china trouble why the strong movements have been at bitcoin in the last week, so my opinion.
Currently, it seems that the new core 0.15.0 is well accepted. Thus the Bitcoin will continue to rise and see not such a strong correction down to 2.500/2.000 USD. Some expect a strong correction of bitcoin. They assume that bitcoin is ready-made and it can be traded normally, like classic currencies. But I don't think that's the way it is. Bitcoin is still in the beta phase. Basically technical chart anaylse works with cryptos, but with technical innovations (core 0.15.0 is not a rumor, just a fact) the trading strategy has to be adapted. that's only my opinion.
For ZEC, this means that the path is free to go up. Targets 250 > 300 > 410 and last to fibo area 1.62 at 620 USD. And let's see what's new about the partnership Zcash/Jp Morgan.
Let's see what happens. Happy trading. :-)
See also:
Chart Sep 2
ZEC looks like a new Market CycleBITTREX:ZECBTC
Looks Like a whole new market Cycle!
Watch this one for sure.
Shorts and longs.
Rett Sloat
-RSS-Legacy
-Wolfy
ZEC Possible targetsHi, we have a decending triangle in ZECUSDT pair. After we break the trianglew we will have 2 possible TPs:
TP1 - 450 usdt
TP2 - 50 usdt
Wait until the breakout about the channel.
Zcash: Double Bottom In the MakingZcash is looking to break the bear trend line and rocket upward to complete a double bottom pattern once past 313 USD. It is bullish now; a few days after the ZECBTC pair closed outside the 1D bollinger bands and left it's accumulation zone.
For this ZECUSD pair, watch for both a breakout of bear trend line and also a close outside 1D bollinger bands.
ZECUSDT AnalysisZECUSDT Looks so bullish now. My setup are in the chart.
If break the 200.00 level will go up to the 250.00
Take an eye on this, and have a good trade.
ZECUSDT Analysis ZECUSDT Looks so bullish now. My setup are in the chart.
If break the 200.00 level will go up to the 250.00
Take an eye on this, and have a good trade.
