ZECBTC trade ideas
Beautiful LONG Opportunity Based on Support [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
Just found this support zone for ZEC that already got confirmed with a small bullish candle on the 5m, leading to a nice scalp opportunity. See the chart for information on stop loss, take profit, and entry positions.
--- What is The Quick Update Series All About? ---
I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
About the links below:
20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes
Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Is Zec begin wave three?Hello Traders,
Zcash reverted above an important support level meanwhile it corrected to the 61,8% of Fibbonacci. It is a good indication that although we are in dark moment at the crypto market. Zcash still is bullish when compared with bitcoin.
Please, push like button and follow us on our social medias.
ZEC/BTC TA Update (awaiting bullish pattern?)ZEC/BTC
ZEC is on a downward action after making multiply series of lower highs and lower lows.
But on the bullish side, the price action is still descending channel
which by the technical side has a high probability to break in the upside once reached the endpoint.
If the ZEC will keep falling and unable to break this channel,
I'm eyeing a drop to 4200-4000 sat levels before we might see a potential reversal.
As of now, the game is to wait and be patient until the opportunity presents its self.
ZEC BTC SIGNAL #ZECBTC (Short Term)
Buy: 0.00572900 - 0.00544255
Target 1: 0.00590087
Target 2: 0.00613003
Target 3: 0.00658835
Target 4: 0.00744770
Target 5: 0.00859350
Stoploss: 0.00530649
Invest: 3%
Risk/Reward: 5% / 54%
ZEC/BTC analyses Hello Traders,
In the long term chart, we can see that the price just broke the long term Resistance line, and starts to acumulate above the Resistance witch a good sign for the bulls.
On the daily chart we can see that this acumulation is Bullish Retangule, and the price just touche the support of the and the bulls shows up, and we have a buying pressure on this area, and we are forming a Hammer Candlestick pattern, witch is sign for trend reversal
On intraday timeframes we have this short term Resistance above 0.0060 sats
If the price breaks this resistance we have a lot of possibility to test the top of the retangule
Please, push like button and follow us to receive more recommendations like that.
ZEC/BTC - intraday long setupZEC has nice move to the upside, with good volume, we surpassed eliott wave channel, so I anotate it as a wave 3, now we are going sideways, so I expect another move up, which should be wave 5.
ZEC/BTCZEC is looking bullish on 4h timeframe. As long as BTC calms down for a day, ZEC's gonna pump here
ZEC loooks like this one take a spike......zec will take a spike i think it will brek this tringle and go to moon..... invest
ZECBTC formed bullish BAT | A good long opportunityZcash is one of my favorite digital asset who gives short term trading opportunities almost daily for the day traders.
Currently being traded below exponential moving averages 10 and 20 with Bitcoin pair on day chart.
On short term 2 hour chart after a successful formation for bullish Shark pattern the ZEC moved up from potential reversal zone and now the price action has formed a bullish BAT pattern and at this time the priceline is floating in potential reversal zone of this BAT pattern.
Let’s dig this pattern deeper to examine how perfect this pattern is formed:
After completing the initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time from this area.
The Indicators:
We can use different indicators to get help enter this trade like the moving average convergence divergence (MACD) is strong bearish and stochastic is in bear cross so we can wait for MACD to turn weak bearish from strong bearish or stochastic to give bull cross then place our buying orders.
The Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: 0.006296 to 0.006273 sats
Sell between: 0.006350 to 0.006431 sats
Stop Loss:
The potential reversal zone of this pattern can be used as stop loss in case of complete price action closes below this level.
This is short term trading idea not a long term idea, I will be keep posting more trading ideas
ZEC/BTC BINANCE4H hollow candles
once the price broke downtrend line, we might see a breakout.
price broke uptrend parallel channel before.
Low volume
fibonacci retrecement
Ichimoku cloud
Bearish MACD might cross
3 target areas
Good Luck
ZEC accumulation almost completeZEC has been consolidating after its 100% move for almost 2 weeks now. Whales have probably filled their bags at 6863 level, as well as at the bottom side of the wedge. Once we close above the topside of the wedge, as well as the strong resistance of 7255 we can expect a big move up. You can stop out below the bottom side of the wedge, or below the support level, depending of your risk tolerance.
ZCash Close to PumpHello Traders,
ZCash seems to be close to finish its Elliot Wave 2 in a huge bullish triangle. It would be an excellent coin to invest in the near future.
We suggest to open long when it break out of those triangle or when it goes to the base of the tiangle.
Please push like button, you are welcome to follow us on tradingview.
