Bullish div & support ZEC weeklyWeekly:
Weekly bar closed high and gives us a bullish divergence, including a bounce off of support. Entry around 126 (wait for a pullback on a shorter timeframe).
A bottom has been formed and the weekly bar closed positively, showing a strong rejection of that support level and stochastic RSI came from an oversold condition, now curling up from this condition.
After the bullish divergence on the daily, see previous trade that worked out very well that downtrend seems to reverse
Entry: 126-128,5
SL: 102 (will move it up)
TP1: 177 (resistance)
TP2: 180 (1 ATR level, or higher, I'll let this remainder run probably with a trailing stop)
2022#003
ZECUSDT
ZEC/USD Main trend (part). Anonymous cryptocurrencyAnother anonymous cryptocurrency with at least some liquidity.
Main trend (part). Timeframe 1 week to understand what happens in the main trend.
After pumping and reaching the goal of $380 (marked earlier), the pullback and the formation of a harmonious butterfly pattern. At the moment the price is in the formation of its second part. The figures marked the potential entry points, depending on your trading strategy and the market situation that arises during the development of the trend in the future.
It is rational to enter the market on the breakdown or rollback after the breakdown of the descending line of the secondary trend, which is resistance of the second part of the harmonic figure. Another option is to dial in parts from the zones of support levels by martingale. When working with this method correctly distribute the volume of potential entry in advance, remember the main thing is the average price of the set, and not to buy off the "bottom".
At a reversal on the undersized amount you can on a breakdown or rollback after the breakdown of the downtrend (if the price has not taken off considerably) to get the position by the pyramiding method, but it is not obligatory.
In very hard times, for very "fat wallets" (not cryptocurrency) like most of anonymous cryptocurrencies, it is very likely that "pumping with stick" will take place in a moment... when there will be "saving money."
Previous closed trade idea for this cryptocurrency: From and to. 51-380
ZEC/USD Main Trend. Breakout. Butterfly. Downtrend triangle
ZEC/USD Local work. Downtrend triangle. Pivot zone
ZEC / USDTAs you can see in the chart ZEC was rejected by the resistance, keep eye on the chart and wait for the confirmation to make it short or long
Just follow the line that I draw
DO NOT FORGET TO USE STOP LOSS BEFORE ENTERING THE MARKET
This is not financial advice it's just my opinion sharing with you guys / Before entering the market DOUBLE CHECK IT and do trading based on your own strategy
I do trading based on Patterns and Zone by Zone / Find your own way that suits you
ZEC 62% setupZEC will get network update this april. Cumulative delta in positive right now, we can see huge purchases clusters.
All the anon cash segment is alive right now. ZEC is old and heavy project, so it's hard to pump.
I expected $180 target, but at this moment $200 and $220 looks possible.
If you are interested in anon cash, check TORN project. It's new and easy to pump, so we will see more volatility and more profits there.
ZECUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price broke its resistance line and after a small pullback, it moved up strongly to the next resistance zone. The price can move down to the confluence of two supports and it will range between these two areas.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ZECUSDT - Resistance Breakout!ZECUSDT (1D Chart) Technical analysis
ZECUSDT (1D Chart) Currently trading at $140
Buy level: Above $137
Stop loss: Below $103
Target 1: $158
Target 2: $172
Target 3: $190
Target 4: $250
Max Leverage 2x / Spot Market
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Zcash (ZEC) - March 9Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ZECUSD 1W Chart)
If the price holds above the 130.82 point, it is expected to turn into an uptrend.
However, since the volume profile section is formed over the section 162.04-301.37, it is expected that the upward trend will accelerate when it is out of this section.
-----------------------------------------
(ZECBTC 1W chart)
Above the 0.005954 point: Expect to create a new wave.
As it appears that the Bollinger Bands have entered the final convergence phase, we expect movement outside the range of 0.002058-0.004650 in the near future.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------