ZECBTC trade ideas
poloniex trend is less harshshowing 0.007x bottom compared to 0.003x on bitfinex (which may perform a mtgox-style bust shortly)
look on the bright side, zec can't drop below 0 right?log path has been invalidated. prepare for doom. high 0.003x range possible
ZECBTC - Your hatred is my lovethis is the reason why you should hunt macro frames not micro
masses crying about new lows, reality is- we're in a macro channel
zoom out = woke
anger, depression, fear of buying something that seems to be dropping endlessly. For all I know, is that ZEC involves the biggest parties, minds, and the MMs are relentless on this one.
This is nothing but a winner
patience is key
GM
ZEC thoughtsWe've been in a steady downtrend here. I'm anticipating the psychological level at 0.01 will provide some support. From there we could see a bounce to R1.
Noticeable bullish div on the daily.
$zec best case scenario for the Electric Coin Companydrop to 0.0911 and bounce out of falling wedge is best case scenario for the Electric Coin Company
ZCASHZECBTC
The falling wedge, possible 10-15% profit from now to the resistance line. Now is All-time low price. Good luck!
$ZEC Reaching new ATL BTC Values.... $ZEC Reaching new ATL BTC Values....
On a free fall since May18 with over 60%+ decline since then...
I will update if I see bounce/reversal signals
#ZEC
zcash is 'bitcoin-like'Finally starting to see some buy pressure on ichi cloud. Tenkan kijun cross still elusive and difficult to visualize on this chart. It has been over 4 months since there was any buy pressure at all, but my thoughts are that in Dec. '18 we saw some early adopters accumulating. Given the relative interest in these markets the past week, it is possible that this strong alt may see some sizable gains. It still captures a small amount of market share, and is often overlooked by current market participants, but this could change quickly and the MSM may start telling you not to buy ZEC instead of telling you not to buy BTC.
Not financial advice you Warren Munger and Charlie Buffett worshipers.
Crypto twitter overly bullish on Zcash i only see this at bestI have noticed Crypto twitter being overly bullish on ZEC. I have no idea for what reason because they see a 4h bullish rsi divergence? All this tells me we could definitely see a bounce but a reversal no way!
We broke a BIG high timeframe a week ago we have not yet tested that level i expect that level to hold as HARD resistance. as long we do not trade above that level you cannot be bullish longterm on zcash.
What i do see is a potential lower timeframe setup with an upside of 9% why? :
- For the people that like to use indicators you got your 4h rsi divergence
- Obvious 1h S/R level that has been respected nicely so far. Got to wait for that level to break again before thinking of longing this.
- That lower timeframe target i pointed out we never tested that level creating inefficiency in price so i do expect Zcash to trade into the level before moving back down.
- We also got the OTE Meme at our target which alines perfectly for more downside on Zcash on a longer timeframe.
Zcash testing support on wedge, target .15 BTCBroke out of wedge a month or so ago and now it testing the upper trend line. Wedge breakout target is .15 BTC
zec potential bottom log scalezec hitting new all time lows today, potential bottom formed or forming
zcash going up!falling wedge in price
falling wedge in the indicators
oversold
zcash/usd triangle...
30-100 % rise in the coming weeks
RSI 1h divergence on ZCASHRSI 1h divergence on ZCASH could make it bounce ?
RSI 1D good.
We soon hit last bottom.
$ZEC #ZCASH / BTC ThoughtsZEC BTC, 6 hrly RSI bullish divergence with price making a low. Possible relief bounce to break out of the falling wedge?
Potential double bottom? + oversold conditions
