ZECBTC trade ideas
ZEC TD9 3MONTHS will wait a little more but imo this is a brutal bloodybath chart , dont know how worse it can go..
td9 on 3Month
lets see
ZECBTC 4HZcash; the possible 'bearish gartley pattern, flag and waves.. feasible short term long, break a leg! Good luck!
Two Near term Targets - Bullish above the proximal resistanceareas of interest are 0043000 and 00455000
Breakout above and we're bullish, heading the slow staircase up to ATH
Zcash has strong fundamentals
ZEC BTC bottom area still in play.A follow up on my busted symmetrical triangle pattern from a few weeks back. A few key things to note:
1) The breakout I thought I was tracking on ZEC was actually the impending bitcoin breakout.
2) The pattern was invalidated as soon as it dropped below the pink trendline. This should have been a sell signal into bitcoin and the reason we use technical analysis as a clue to what the market could do next.
3) After the bearish break, it was best to look for an exit into bitcoin upon retest of the now resistive pink trend line. This provided the opportunity to not miss the Bitcoin move heard round the world, so long as you entered at or below the initial buy zone in the green box.
4) I remain biased for a breakout upwards. But we have to let the chart develop more to confirm this. We need to see a break of the upper resistive trendline of the triangle with volume and conviction before we can assume an uptrend of ZEC will start against BTC.
Furthermore, the pink trendline should provide the first level of resistance following a breakout to serve as a very short term target for swing traders.
Side note: trading ZEC with a stop loss into bitcoin while trading inside this triangle could be very costly. I would recommend using stops in Fiat or stable coins. Feel free to like this idea if you agree!
SHORT ZECBTCGood RR and looks set for a wekk defined short with proper risk management.
Mr. Manbearpig
$ZEC #Zcash LONGZECUSD not looking that hot, but this might be the short term potential bottom for ZECBTC.
EnergyI mean... as an artist,
I can't help but see a ton of energy coming from all of those lines. I know this sounds silly as an "analysis", so I guess I wouldn't call it that.
Just that as in nature there seems to be some kind of balance between actions and reactions, shapes and sizes, I'm very curious to see the next macro movement will look like on this.
Also look at the volume.. wonder if it'll ever turn back green though hehe, I mean who the fuck is selling at this rate!?
ZCash moment of truthWe will know very soon. A breakout is imminent. To be safe you Can wait to see the direction before entry. This could be the beginning of a new uptrend for ZECBTC
ZCASHBTC is going to rich resis. line Hey my friends, based on the accumulation on BTC, Its a really good chance for swingers for investing in Zcash, however its risky this days to be in ALTCOINS but i think its give us such a good signal.
do not forget to place SL.
Also ichimoko give us good signal in daily TF.
on Volume, there have been lots of big players that have opened positions but did not have closed yet.
Good luck.
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LONG ZECBTCVery bullish. Dominance dumping plus news and a great looking break out on a 4hr chart. Its time to go long ZECBTC.
www.coindesk.com
God Speed,
Mr. Manbearpig
A great move on zecbtc is expectedSo. We have seen a more than 1 year falling channel, and this channel is ended
