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Ascending Triangle Breakout For ZCashDec 8 Private Post- With privacy continuing to erode globally at an alarming rate we will continue to see an influx of capital allocated to assets like Zcash, Roger Ver & other OG Crypto investors will Ape into privacy coins due to an alarming enforcement. Zcash is showing multiple bullish indicators. The Williams alligator is trending upwards in a bullish fashion, the bands are widening to the upside and the price is bouncing off the bands displaying strong support to the upside at the upward sloping support of the pattern. We could see a retrace to the blue band of the Williams alligator at approximately $52 USD. But why penny pinch, $370 USD incoming in 2025, Alt season hasn't even started yet and Zcash is going to go from an Alt coin to one of the main cryptos due to privacy features. Zcash has tested the upward sloping support of the ascending triangle over half a dozen times and each time the price increases to create a micro higher high & lower low.
COINBASE:ZECUSD
by satoshi123
Bullish on ZCash!!This is one of my current trades. KRAKEN:ZECUSD has been holding up really well and bouncing strong off of current BTC down movements. Have two take profit zones, one at previous high around $67.11, and at a long term horizontal line at around $74.95. Around this area I expect some resistance and consolidation. If it can break past this level, next target is around the $115 area. I Need to work a little on entry as I was at a loss for a little during the drop this week, but have a decent entry with a lot of upside potential.
KRAKEN:ZECUSDLong
by Mr_Maravish
Zcash working on filling out right shoulder for next breakout Zcash appears to be forming a special inverse head and shoulders pattern I like to refer to as the sweet dreams or sleepy head inverse head and shoulders as the trendline you draw to highlight the head and shoulders take on a smile face with its eyelids closed. I anticipate even though I already drew the hypothetical length of the right shoulder fairly s that there’s a chance it could break above the neckline after forming an even shorter right shoulder based on some of the recent tiny right shoulders we’ve seen fro the likes of digibyte, atom, cardano and others. Always a chance since it’s left shoulder was tiny that the right one could buck the trend and form a regular sized right shoulder too, either way I’m confident with market conditions how they currently are theat probability favors this pattern breaking out and up eventually. *not financial advce*
COINBASE:ZECUSD
by DrDovetail
ZEC and LINK trying to break outNotice that there is a longer term resistance and then we break through it, well we just did recently, this is a momentum play. Its possible if we see more market pullback like we did this morning we will need to start looking at finding support and buying the dip instead of just jumping on momentum runs. For now there seems to be no shortage of breakouts happening across crypto to trade on momentum. You should evaluate these yourself, always DYOR, I am just raising a flag on a couple assets of interest. Currently on the orderbooks, LINK looks a bit more healthy than ZEC but also this is a break out from an already existing breakout for LINK, it has had more time to build force. Here is the LINK chart:
COINBASE:ZECUSDLong
by EncryptShawn
2
ZEC can make 1500% gains but before that a little shakeoutZEC has superb chart. You can clearly identify falling wedge formed and breakout occured in July. Falling wedges in 70% of the time are signaling of major up move but before that most likely we will see a retest of support level. Double bottom pattern could be finishing wave of the bottoming process. By the way in november ZEC has it's own halving! We should take this into account. Possible rise to 265$ can bring good profits in the next 3 to 6 months. Wait until the market comes to you. Patience!
COINBASE:ZECUSDLong
by fugasok
4
ZCASH - Back on historical supportI don't think there is a better time to buy ZEC, the historical support has been successfully tested again, the historical trendline is getting closer and closer and I believe that in this cycle or at the latest during the next one we will see this coin return to its former glory. Many think that privacy coins have no future and they are probably right, but this privacy coin in particular has been chosen by Grayscale and there is a specific fund dedicated to it, so it means that the big names in finance have decided that this will be their favorite privacy coin (follow the money).
CRYPTO:ZECUSDLong
by MC_Capital_
ZEC Update (1W)For ZEC, we considered two diametric or triangle scenarios, and we had spot purchases on ZEC at much lower prices in VIP. Considering the overall crypto market scenario, it makes sense to consider a large triangle for ZEC instead of a large diametric. From the red range, the triangle formed by ZEC can end and ZEC will become bearish in the medium and long term. Closing a weekly candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTO:ZECUSD
by behdark
Sleeper Coins?I choose this coin because its one of the few thats available with most (fiat) brokers and not needing a direct crypto exchange/wallets. A cool part of my wave system is expecting fractal growth (in either direction) but if we're seeing actual growth in that market, the first rule of my trade plan is to identify the major correction or a standard Elliot Wave ABC corrective wave, with as much data as possible (highest time frames). That ABC correction, when completed becomes a larger fractal wave 2... this would then push that market into new highs completing waves 3-4-5 for a standard Elliot Wave 5 wave impulse. This particular coin/par thats available to most people with any sort of trading platform, shows some really great % gains if this market is to continue to grow. We should be finalizing the ABC correction on a major fractal perspective and eventually targeting new All-Time Highs ..i would imagine if bitcoin jumps so will most other markets and it might not take that long to get there.
KRAKEN:ZECUSDLong
by afinalboss
4