ZECPERP trade ideas
SHORT ZECUSDSomeone Smashed the market but it just means it needs to reset its footing one more time. Delay tactics really.
God Speed,
Mr. Lucifer
ZEC Double Bottom Playing Out Well In Daily RSI Quick update from previous post. Chart pattern is coming together nicely. Weekly RSI could potentially reverse off bottom of overbought territory while the Daily RSI makes its next impulse. 100 day MA just crossed 200 day MA with 50 day MA turning vertical way above the two. Small amount of Bullish Divergence printed in last three days, lower price but rising volume. On the weekly we are testing the 50 day MA as support. To me the chart is saying that we are fueling up for our next move UP. However, I could ways be wrong. Will update as trend progresses.
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Not Financial Advice.
ZEC - will we see bearish continuation? ZEC was a clean impulse higher with bearish divergence and decreasing volume in the fifth wave.
The next few days will be interesting. Especially when we lose $57!
The first area of interest will be $46-$50. Holding the $46-$50 area with bullish divergence means that we'll see another cycle high. But a move like that will surprise me.
Zecash is the real scamGet the scam out of here and dump it already this is useless privacy coin out here it committee to worse dead cat bounce in the market that I’ve seen
ZEC Looking To Double Bottom In Oversold Territory On The Daily ZEC pulling back along with the rest of the market. It has golden crossed on the daily timeframe. Stochastic RSI is oversold. The weekly timeframe RSI is Overbought similar to BTC. ZEC currently attempting to find support on the 50 MA. Thinking we'll see the weekly RSI cool off resulting in the daily RSI turning south in the days ahead to make a double bottom formation. Price could retest the upper $40's potentially. I would suspect candle body to bottom around $55 but that is highly speculative. If you know anything about ZEC is this thing prints insane wicks all the time so watch out with your stop loss. At least consider that in your trading strategy this is a real easy one to get stopped out in rather frequently. Its worth noting that on January 14th or 15th ZEC saw what looks to be its highest amount of buy volume ever recorded. I am long term investor with bullish view overall. Think the charts are showing some bearish potential for the days ahead. Say what you will about Zcash but remember this one thing....
It was once listed for $2,200,000 each. Ridiculous as it may be it still is a fact. Calculate the risks you take.
Please Like & Comment ------> Lets Be Friends **even if we disagree**
HAVE A GREAT DAY. LIFE IS A GIFT.
Not Financial Advice.
ZEC short term correction to $50 before going to $250 moon Hello guys it appears that Zecash the real privacy coin just experienced a correction after a clear 5 wave impulsive structure
Ideally this should put as at the larger degree wave (i) if this is the case wave (ii) typically retraces to the wave (iii) of the lower order
close to the 0.618 fibs( that would be 50-45 USD ) i highly recommend buying on the dips and setting take profits zones in the $250 region
i believe the crypto market capitalization should continue to grow with ETHEREUM leading the way
ZECUSD IHS Long TargetsBuy - ZECUSD
Pattern: Inverse Head and Shoulders
Neckline: 66
Entry: 66
Target: 77
Stop: 62
RR: 3.36
ZECUSD pair completed its correction phase after retracing back to the %38 fib level. Based on the recent historical data, upward waves on ZEC continues until 1.414 fib extension. The price has formed an Inverse Head and Shoulders pattern on the 4h chart. A wise play would be entering at the neckline. I got my entry at 66.14 it was a little bit early entry with some drawdown but until now it worths the risk. We should watch closely the price action at $70 to see how the price will react to the psychological/historical resistance. Considering the strength of the current bull market, I'm expecting a mid-term target of $97 and long-term target of $123. I will hold on to this position based on future price action.
ZEC Daily Chart Pinnacle Moment After wiping away substantial gains along with the rest of the market. ZEC is ready to decide trend direction on the daily. We recently had a Golden Cross which gave us our first impulse up. Following that move we have had about a 20% pullback from candle body high to low from last high. Stochastic RSI just made bullish cross in oversold conditions. However, Price may need to come down and touch the 50 day moving average first. If we can break above the $75 region I see our next major resistance at $100.
I am long term Zcash investor only swing trading 5% of my overall position. I see an opportunity in ZEC similar to the early days of BTC. You may agree but that is my opinion long term. There are only 8 million "shares" in circulation. It has never been through a block halving event meaning the supply has not yet seen a reduction. After the first BTC halving price went from around $10 to $1000. Zcash in my opinion has massive institutional potential.
Not Investment Advice.
LONG ZECBTCAlways a really volatile crypto. Great opportunity to short thew dominance chart out there.
Goid Speed
Can’t stop the doomAny more pump on ZEC is a scam, I smell a delisting soon. This is a 1 digit coin if any
ZECUSD - It doesn't need to be complicatedIf we can break this trendline on the weekly chart , the moon will be not high enough.
ZECtriple digits still happening. either i get stopped and we go triple digits soon.. or we cool off which is more likely and then reverse up to 100+
ZECUSD SHORT Nice short set up with a good RR for those looking to hedge their back end of this monster move. I for one will not be shorting anything. Instead Im going to be looking for pull back opportunities for dip buying as the market has fundamentally shifted.
God Speed,
Mr. Lucifer
ZECUSD Long-term opportunityBroken the long-term bearish trend looking forward to buy for long-term holding at retest levels.
