Almighty Pushuponly
ZEC Long Overdue
The narrative is simple - there is none. ZEC is and will always be the most forefront in privacy based currencies. If you believe in brand and originality like most do with BTC not losing its top spot - then you can believe ZEC wins out in privacy. Privacy will become a global trend for the next 10+ years. in this you will see demand for a privacy currency that caters to real life transactions.
Trade the hype on most of the market and stack ZEC with 25% of your profits and you will not be disappointed.
ZECUSD trade ideas
$ZEC looking like a fat bag rnLooks like a big ole bag over here just waiting for the taking.
MACD is curling towards a bullish cross. 200 day MA held the line. RSI is on the verge of a test at 50.
If the RSI test at 50 fails, this trade could go bust. But remember more often than not it takes more than one try to break through a significant level no matter what the metric.
Either way, Zcash is looking primed and ready for some significant moves (most likely to the upside).
Targeting $300 at least. Might sell some at $250 to play it safe and lock in gains.
ZEC began to rebound.The following content is machine translation:
Strong support near 140, rebounded near 140 repeatedly.
In the past few days, we have explored the vicinity of 140 again, and there are signs of a rebound.
The rebound here can be viewed by head and shoulders, and the upper resistance is near 220.
Operationally do more, near the target 210.
1980s vibes radical privacy vaporwave ZCASH TA USDThroughout the western world, new systems have risen up whose job is to constantly record and monitor the present
- and then compare that to the recorded past.
The aim is to discover patterns, coincidences and correlations, and from that, find ways of stopping change.
Keeping things the same.
zec/usdactually looks interesting to me. we had a choppy falling wedge but we broke out of it and currently backtest as support... at 164 area. the target of the wedge is the top of the wedge at 194$ but watch that recent rejction area as further potential resiatnce if we do get a push back up here...
ZEC - Horizontal TriangleZEC could either break to the upside or downside.
It continues to sit under the yellow trend line.
RSI is showing bold strong bullish moves against the price action and currently sitting above the 50% level.
UPT:
208
227
DPT:
149
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Elliot wave count in a correction wave: ZECAfter a classic accumulation phase starting in May and ending late October, ZEC had seen a breakout of nearly 75%.
Reaching a high of $300 on the 25 November, ZEC has transition into a correct wave. ZEC proves to remain very technical in its main support and resistance levels. Equally, it maintains a balanced and easily observable Elliot wave structure. By extrapolating with some key Fibonacci levels we can identity some clear areas of confluence which are observable on the chart provided.
ZEC remains bullish however if key support levels are lost we can see a rotation back into the old range. Particularly it would be important to hold the VAL so that we set up for a nice running flat.
ZEC to $600+! ZEC appears to have completed Elliot Waves 1 & 2 under the 5-Wave Elliot Theory and has begun its ascent in Elliot Wave 3. After using the Trend-Based Fib Extension to calculate potential target prices for Elliot Wave 3 based on Elliot Waves 1 & 2, you can see that ZEC recently wicked at the 0.618 Fib Level ($302.00), and then retraced exactly to the 0.382 Fib Level ($220.00). After retracing to the 0.382 Fib Level, ZEC has just formed a double bottom, which is a bullish reversal indication. Other indicators also look bullish, as the Relative Strength Index (RSI) is only around 40, and yet On Balance Volume (OBV) continues to increase each day. In addition, ZEC's move to Proof of Stake will be a huge catalyst in ZEC's price reaching new highs, as ZEC holders and miners will now be incentivized to hold their ZEC as opposed to liquidating ZEC for other cryptocurrencies.
Within the next 90 days, I expect ZEC to approach the 1.618 Fib Extension Level at $628.00. Once ZEC hits this target, I will make an updated post to predict the next potential targets for ZEC.
Moon Shot Odds, Zcash ATH $900 for Christmasits only possible if Bitcoin reverses out of a multi-year bear market.
macro conditions also threaten to instantly invalidate this situation
the big catalyst will be success of Halo Arc upgrade, and the mainstreaming of the value of Zero Knowledge recursive proofing as a mechanism to provide a scalable, privacy by default, work based crypto network
💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (238.09).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 253.92
TP2= @ 266.83
TP3= @ 282.22
TP4= @ 305.09
TP5= @ 330.02
SL= Break below S2
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💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (238.09).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 253.92
TP2= @ 266.83
TP3= @ 282.22
TP4= @ 305.09
TP5= @ 330.02
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️