ZECUSDT
ZEC - ShortZEC recently broke down the ascending trendline before getting instantly rejected, as the market rebound following equity future.
Price is showing signs of weakness and i believe price will go down as btc dominance is increasing and dragging down other coins.
Opened a short at $50.5, (currently in the red) but will hold it with a TP of $48-46, stoploss at $53
ZCASH/ZEC Could it be any more beautiful than this?... than ending this long downward move with an ending diagonal (marked with a falling wedge which will explode in one direction soon)
Lets see how good thing impulse from here.
Invalidation recent low!
Hold my beer pls
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No financial advice, do your own research, don't be stupid
🟢 ZECUSDT - 12H (09.10.2022)🟢 ZECUSDT
TF: 12H
Side: Long
SL: $49.96
TP 1: $59.13
TP 2: $63.63
TP 3: $67.28
A deeper analysis in to ZEC in the 12H time frame and why I think it will have a bullish rally in the coming weeks.
🟢 ZECUSDT - 3D (07.10.2022)🟢 ZECUSDT
TF: 3D
Side: Long
SL: $49.96
TP 1: $59.13
TP 2: $63.63
TP 3: $67.28
Buy ZECUSDT now and DCA over the next few weeks or buy when it enters the red area.
The 1W support should break it out of the falling wedge.
ZEC/BTC Zcash's Zone coming close1) Approaching apex of the triangle, roughly less than 25% to go: Any time from here
2) Holding 0.786 locally in the (bull) flag
While holding the recent low, a push above the resistance could happen pretty fast in a push or two
Hold my beer pls
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No financial advice, do your own research, don't be stupid
ZEC Incredible SetupLets take a look at LOG SCALE
We can see the same rules are being applied in log scale (!)
In the impulse we got wave 3 on 4.236 => wave 5 on 8.236: Perfect hits
In the final wave of the correction we got wave 3 on 2.618 => wave 5 on 4.236
Conclusion:
a) We are ultimately close to the bottom which is already in ($50 mark)
OR (if last low breaks)
b) Visit 0.786 - 0.886 $24-$33
Lookout:
Potential is high ZEC will trade in 4 digits prices in the next run
Hold my beer pls
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No financial advice, do your own research, don't be stupid
Meanwhile ZEC....... coiling up hard holding the double bottom.
Once the local orange downtrend has been surpassed, the bottom of the triangle will be next and thereafter the top of the triangle for the ultimate test to break the downtrend
Break 1.0 fib would be bad -.-
Hold my beer pls
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No financial advice, do your own research, don't be stupid
ZEC - starting movesJust a quick update here because there is not much to add really
Seems its doing a leading diag possibly as a 3-3-3-3-3 count and now unfolding the final 5th wave.
Once we r/s flip $70 its gone.
Ideally its gonna break that (for now looking bear) flag to the upside and reclaim that big triangles bottom thereafter.
Tiny retrace for a wave 2 and the big show starts probably end of 22/early 23
Hold my beer pls
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No financial advice, do your own research, don't be stupid
ZEC Potential Short / LongThe above chart is based on symbol ZECUSDT - Binance.
Alerts have been set.
The trading plan is to ladder in 0.25% below Entry, on Entry and 0.25% above entry.
Stoploss(SL) is at 1.5%.
Risk Management is always important. Let the trade come to you.
Take Profits(TP) at 1% increments.
First TP1 will have a higher percentage of take profit.
If/when TP1 is hit, SL will be move to entry.
Do Techincal Analysis(TA) stick to your plan, let the trade come to you, and don't FOMO, if your plan does not come to fruition (not hit) then you have not lost any money, have a SL to ensure best practice so you can continue trading, journal your trade for self development and reflection.
ZECUSDT - Falling Wedge PatternZECUSDT (4h Chart) Technical analysis
ZECUSDT (4h Chart) Currently trading at $61
Buy level: Above $61
Stop loss: Below $56
TP1:$64
TP2: $69
TP3: $75
TP4: $82
Max Leverage 3x
Always keep Stop loss
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ZECUSDT|Coin Review|Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️Locally, the asset is in a downtrend, the plan for a deal is from the breakdown of the countertrend of the double line.
Sample deal plan:
▪️entrance - $72.65
▪️take profit - 79.65
▪️Stop-loss - 69.90
▫️Not financial advice, just sharing my thoughts, only you are responsible for your transactions!
▫️Happy trading and good mood everyone.
Careful what you wish for ZCASHConfirmed to have exited the yellow channel and turning into green for acceleration.
Already triggered 1.886 to continue higher with minimum target 2.618 90$.
This could quickly beam zec up to the upper green boundary around 125$ with a good chance to overshoot to 8.236 level at 170$
To be monitored while sitting back and enjoying the ride
Hold my beer pls
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No financial advice, do your own research, don't be stupid