ZECBTC trade ideas
ZEC/BTC : more red candles are coming BINANCE:ZECBTC
Hello everyone😃
Bullish side📈
- Touching support level here
Bearish side📉
- Bearish crossover on MACD
- Stochastic RSI is bearish
- EMA 20 and BBs basis are resistance
- Helical indicator is bearish
- FIBBO retracement is bearish neither
It seems ZEC will go lower for now, but there is a possible pullback at support line..
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Nice Profit From ZCash Short So FarIn 8 days since we gave our fresh short signal, ZEC BITFINEX:ZECBTC dropped like a brick and we have 16% profit so far.
Considering its distance from daily EMAs I believe we'll see some consolidation and maybe even a short counter-trend rally.
Unless it closes above 0.0057 sats I'll assume we're still in downtrend.
Let the profits flow!
DISCLAIMER : Please note that my trading approach is trend following . I don't try to make predictions. I don't try to catch the bottom or the top. I don't try to be right. I try to be agile and flexible enough to join the right side before it's too late. Please also note that I'm a swing trader using daily charts .
Entry and exit signals are not universal in trading. They should be determined according to the trading method used. If your trading approach and my trading approach don't match, please do NOT consider them relevant for your own purposes.
ZEC vs BTC --- LONG --- 20.10.20Still worth to try some SPOT buys as for me. Especially when I look at that rising volume
Unfortunatelly I don't think that SL below the local low will save the position, so it is better enter with smaller size. Not works for me, cuz im already in :)
Ofcourse if the price holds below the previous low - leave.
ZEC/BTC (Bearish Retest?)💎Technical Analysis Summary💎
BINANCE: ZECBTC
-Zcash broke its local support during its mini rally up
-If this is just a small Bearish pullback to test previous support
-And continue lower again, the downside target is around 5000s sat
-So please always plan your next trade
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
Fresh Short Signal for ZEC/BTCZcash BITFINEX:ZECBTC couldn't break long term resistance (thick red line) . Key support @0.00611 is broken and it possibly started a new downtrend.
Considering it sits right at 200EMA we can see a reaction but it's not for sure. Going below 21 EMA will be a stronger sign of downtrend.
Unless it goes above @0.00611 again I'll be shorting it.
Significant supports to watch:
0.005682
0.005285
0.004949
0.004686
0.004411
DISCLAIMER : Please note that my trading approach is trend following . I don't try to make predictions. I don't try to catch the bottom or the top. I don't try to be right. I try to be agile and flexible enough to join the right side before it's too late. Please also note that I'm a swing trader using daily charts .
Entry and exit signals are not universal in trading. They should be determined according to the trading method used. If your trading approach and my trading approach don't match, please do NOT consider them relevant for your own purposes.
ZECBTC is creating an inverse head and shoulder 🦐ZECBTC is creating an inverse head and shoulder and the neckline is the weekly resistance.
IF the price will break the weekly resistance with volume and flip the resistance as support According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Head and Shoulders setup on ZECBTCBINANCE:ZECBTC is showing bullish price action, it broke the neckline of the head and shoulder pattern at 0.0063 and is now targeting 0.007168 and 0.007696. Wait for pullback towards the neckline or for price to catch up with the 20 MA to buy in. Ideal stop at 0.0054 but you can adjust as per your risk appetite.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
ZEC - THE (UN)EXPECTED REACTION - ANOTHER LISK-LIKE HALVING?Hello, Zcash had a great reaction today. Not only it broke updwards the descending trendline and an horizontal resistance with an amazing candle, but it was one of the few (if not the only one) among the "big" to experience such a growth.
It recently bounced from its lows of 2020 and let's not forget it will HALVE on the 18th of October. It is time to jump in.
Let's see how today's candle will end, to decide whether to enter immediately or wait few more days.