Next cup is brewingZCash is forming up nicely just like ALGO and NuCypher did except that we have more potential here. I am long as of this post and will hold until I see what the reaction is going to be at $120.
ZECUSD.PM trade ideas
Zcash Looks Like an Alt Season Winner!Behold! Alt season hath cometh!! So, naturally, and my recent objective has been to diversify further into alt coins, in order to capture the massive pumps that await. Zcash is one coin that I have recently added to my portfolio. Here is why.
Looking at the weekly chart here, you can see that price has formed a clear, long consolidating bottom. In fact, ZEC has been forming this bottom since late 2018. Additionally, you can see that Zcash has formed a new uptrend, with higher highs and higher lows. So, we've formed a bottom. We're in a new uptrend, and if you look at the volume, you can see that there have recently been massive volume spikes as ZEC is on the rise. That shows that investors are taking an interest in ZEC, similar to what we would expect before a massive rally.
Looking at the weekly Gaussian Channel, you can see that it has turned green, and ZEC is holding support on the top of the channel, further demonstrating the bullishness. Looking at the picot strategy indicator, you can also see that we're on a reversal up.
The MACD is diverging slightly bearish, but I think that could be corrected with a large pump. Furthermore, the RSI is midrange on the weekly, not in overbought or oversold territory. So, I really like the way ZEC looks here, which is why I'm long. As a cherry on top, the upside potential here is massive. For ZEC to reach the 2018 peak, it's around 1000% up, and for it to reach the all time high, it would have to rally several thousand percentage points higher. Immediate upside resistance is at 137, which is the 200 week moving average.
Speaking of moving averages, ZEC is above all major moving averages on the 4H, daily, and the weekly, aside from the 200 week. Overall, I think there is a strong probability that ZEC will rally 40% to test the 200 week at a bare minimum, and I will welcome 40% with open arms.
I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
-JD-
ZCACHE 2.5.21Do not be fooled. ZCASH is not dead. Its part of Grayscale and bidness is boomin over there. Demand is at ATH for ZEC . I really think we see a move similiar to Maker and XLM. Theres no reason ZCASh wont move with the rest of the market.
Update on the 15 Min Zec ResistanceWe're getting near breaking all time resistance on the 15.. wait for 3+ Candle Sticks above the line to confirm a true break out. Also, you can wait for a retest of the line after breakout to see if it bounces and keeps moving forward. Good Luck Safe trading and have a tight stop loss if you buy before the breakout!
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We're ticking upLive update.. We're ticking up and all indicators are showing a strong move with great momentum, which should break right through that resistance before the days closing! This is not financial advice but after spending over 10 years of my life trading I strongly believe a sharp rise is underway. Good Luck and have fun.. Please like and follow my page and help me stay motivated to create charts
ZEC in damand zoonHi guys , today I want to share my opinion about the ZEC.
AS you can see Great inverse head and shoulders has formed in ZEC.
seems like bulls want to doing something soon!!
86$ is key support area for this scenario.
Imortant swings:
1-86$
2-204$
3-370$
4-ATH
i heard listening to path was profitable i havent really seen him be wrong so i will probably make money
i ran the numbers
ZCash ready to pounce ? 🚀 Price has dropped to retest a key area of previous resistance, now support. Hitting 61.8%, price should start rising from here, although, I wouldn’t be surprised if it dropped down to 78.6% before continuing the rise
ZEC close to the 5 day resistance break!This is the 5 day resistance and if it breaks I think a huge upside is underway!! This is not financial advice and wish you safe trading.. LETS GOOOO.. Please follow and like
ZEC Hi, there is inverse head& shoulders (blue pattern) on ZEC with target above 150 usd...also there is potential double bottom pattern (red ) but that jet have to be completed and confirmed.
Cheers!
speculative targetingattempting to analyze the fractal for future entry if correct on trade.
enter 86$
ZCash - 62 or 106Horizontal triangle imminent breakout.
Upside Price Target: 106
Downside Price Target: 62
More power to your trades!
Ron
Intrepid_Trader
ZCASH Possible targets for 2021ZCASH Possible targets for 2021
TARGET1: 220$
TARGET2: 350$
TARGET3: 680$
TARGET4: 2190
The STOPLOSS is dynamic. If the price falls below the stoploss line, it should be exit due to the formation of a wedge pattern.
zec/usd buying opportunityi search through different platforms and the only charts is more completed from others is HITBTC, the long targets draw in this chart. it is part of a long plan and further target will be update after zec/usd will go throw the channel. it need to mention that all of the channel lines can works as supports and resistances.
KRAKEN: ZECUSD midterm long setup as halving approaches1. ZEC above 100 MA + 100 MA acting as support
2. 50 MA soon to "gold" cross 100 MA
3. Halving is near
4. Higher High + Higher Low midterm channel formed
Zec ReversalLooking at the Ichimoku cloud 3 out of the 4 long signals are bullish and the last one is on the cusp of being bullish.
The long entry signals:
1. Price is above the cloud
2. The cloud is Bullish (Green)
3. The lagging span is above the cloud
The one signal that has not occurred yet is the TK cross, but I feel like its only a matter of time for the cross to happen.
Areas where to enter:
The TK lines which are : 74.99, 73.50
The 21 MA: 67.89
If you want a more conservative approach wait for the TK lines to cross for confirmation
Zcash (ZEC) • Soon to break historical resistance? There is some FUD around privacy coins with exchanges stop trading it. But is it this enough to stop ZEC breaking resistance into new heights? Let take a look.
