Shorting opportunity for ZcashRSI is showing Zcash is overbought atm. This is a plan:
Sell or short Zcash at 35€ and take finally some profit.
Then see what happens:
- price breaks diagonal, buy back because the price might go up much more.
- price goes down, buy back at fib 0.618, this is 22.5€.
Play it smart, and you always win with this setup. Good luck!
ZECEUR trade ideas
Full potentiel to growingThe currency doesn't move in down and when the other can lost 6% a day, Zcash stay stable, we are in a bottom position, so it's means that we have a full potential to growing this month. First support at 42 euro and then 50 euro or coming back to the support at 26 euro which is not realist.
ZECEUR - two plansI'll buy ZEC either on breakout or on pullback with marked stop losses and targets. Once the first entry will get filled, the other will be canceled.
(I switched to Dark theme, since the Light one was burning my retinas ...).
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
ZECEUR - Gartley or bustMaybe Gartley will play out. Trade idea:
- micro entry at 0.786 Fib level
- mini entry at 0.886 Fib level
- stop loss above X
- target 1 at 0.382 of CD
- target 2 at 0.5 of CD (and will see how it will behave here)
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
ZECEURI really hope this won't be the case, but let's try to gain some profit in case this scenario will be played.
If 90 level will get broken, I'll enter short just bellow it, aiming for final target at cross section of lower wedge line and support/resistance from long ago at 61.60 (also could be nice spot for point E :) with some profit taking on the way at 77.70.
Initial stop loss will be set above previous highs, just to avoid spikes and will be lowered later.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
ZECEURThis one is basically addition to previously published ZECEUR idea (see linked idea, where also bigger picture is attached), but with this one we can gain some profit on way down, trading the fakeout. This to be valid, ZEC should come back to previous high area (near 104.00) and not rise above upper channel line and previous two highs. First target to take some profit is at previous low (91.40). This will be the time to also lower the stop loss, but let's wait and see how low. Depending on conditions I'll aim for lower marked targets.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
ZECEURA little bit risky trade setup, but with personally bullish BTC sentiment, some profit can be squeezed out of ZEC. Enter at lower triangle line with semi-tight stop loss and aiming for junction of higher triangle line and 0.618 retracement Fib level of last drop.
Part of the trade can be left for longer run, in case the triangle gets broken to upside.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
ZECEURZEC/USD pair will get listed on Bittrex in 7 days, this could be a booster for it. Also, ZEC is currently trading just above previous resistance/longer term support (blue line) and around interesting Fib levels. I'll setup trade like:
- entry 125
- stop loss 114.80
- target 1 at 141 (1.618 Fib extension, 0.382 level of previous drop)
- target at 141 (2.618 Fib extension and between 0.5 and 0.681 levels of previous drop)
Part of the trade can be left for longer run.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Zcash outlook against fiatKRAKEN:ZECEUR is currently testing the bottom of a symmetrical triangle once again. Continuation is still possible but chart is looking choppy like many alts currently. We'll see as triangle plays out in the coming days. If first level of horizontal resistance is broken it can move significantly higher. If it breaks down there are some potential support levels outlined.
Zcash BATBat about to reach D @ 88.6. Price is coming fast so probably a good idea not to enter directly at 88.6 but wait for a bounce and a higher low then enter. If this pattern works and the low at 313 holds this will then become C in a much larger butterfly pattern to the upside with 1st profit target of 815€. If not then get out at 313!!
ZCASH Bullish PitchforkI am bullish on all privacy coins, ZCASH, XMR, etc. I specially like ZCASH, since it has the most cutting edge privacy features and its technology will also be used in ETH.
The latest months have brought us improvements in the form of Sapling, which makes ZK-Snarks faster and lighter, important for mobile support. Several institutional players have jumped on board (JPMorgan, Grayscale, etc.).
Ichimoku Cloud is showing that the bull trend is still in good shape, lagging span over price, price over bullish cloud. It may be a little early to commit to this pitchfork, price needs to move and respect the pitchfork key levels. That said, the median line presents a good medium term target, since it is a high probability zone.
My only concern right now, is that BTC needs to range or rally in order for this trade to pan out. If BTC goes down, it may bring other coins down with it.
Good luck!