Zcash shortZcash broke trough off the lower boundary of ascending channel. Asset broke trough the support level. Bearish movement to support level at 135 is expected to happen.
ZECUSDT.P trade ideas
ZECUSDT wants to go more higher The price created a double bottom on the monthly support on 86$ and created an inverse head and shoulder with the dynamic resistance.
After the breakout, the price had a retest of the neckline and started with a very nice bull run.
Actually, the price is creating an ascending channel on 4h timeframe and had a breakout from the weekly resistance on 192$. As you can see on the daily timeframe, the price is testing the 0.618 Fibonacci level exactly on the 4h resistance (215$)
How to approach?
We could see a retest of the weekly resistance on the 192$, the price needs to confirm the flip and grab new liquidity for the next bullish impulse.
Otherwise, if the buyers push up again, we could see the breakout of the next key level 214$. So, I'd like to see a clear breakout of 4h resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
A Clean Channel in ZECUSDTAs i draw there a channel can be seen and now we are heading to the lowest line of the channel also my Indicator confirm that and give us a buy chance ;moreover, we can notice a range box in H1 RSI as I mentioned for you in the chart.
personally i will go long in two steps first one here and the second one is in last Support and i put my SL exactly 5 percent lower than the support
ZEC RSI CROSS! ❎ 🚀As the title states, we are at an huge RSI cross for ZEC .
My position: T194.47, encompassing 50% of allotted, available trade capital for margin ZEC trades today.
Remaining 50% of capital will be placed either directly back T194.47, or I will wait for an eventual drop to the T189.97 level.
Let's do this.
ZEC Moving(+), predictions...Here I go into a detailed overview of how I use the RSI to visually recognize crosses , to forecast price fluctuation.
I also go into a bit of detail as to how I believe ZEC is going to be playing out in the coming 1-2 weeks.
Be prepared to be long in the short-term, with vigilance as ZEC readies itself to hit its historic downtrend rolling on south from about a year ago.
Zcash ZEC low timeframe trend decision day. Reverse SoonUpside technical Resistances: TLDR "Its all in your head"
210-215 - 1W ichimoku edge range
235 - 1W BBand Upper
250 - Psychological
300 - Psychological, prior local top
400 - Psychological, prior multi-year top
500 - Psychological
800 - Prior Long Term ATH 2017-2018 meaned wick
1000 - Psychological
1500 - Psychological
2000 - Psychological
2500 - Psychological
Zcash was launched by one of the most respected technical teams in the world.
Zcash is the 'https of blockchains,' protecting your freedom to save and spend as you like.
Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency.
Multiple, independent organizations are funded to innovate on Zcash.
Zcash is already available on top exchanges, digital wallets and a growing number of applications.
ZEC angular calc produces resultsI'm getting myself ready for a position.
...You guys ready for Zcash? :)
Idea on ZEC USDT perpetualZEC USDT perpetual continues with bullish reversal. You can take advantage of the short pull back to an area of confluence at above 61% golden pocket fib retracement.
ZEC - REQUESTED TA3 set up for short position and 1 long position for swing trade. layer by layer but you do the TA.
Most important you plot your Key Level and Identify your market structure.
Manage your risk
Trading Management
TAYOR
Zcash will test your patience forever - Q3 2022 Moon?“Arguing that you don't care about the right to privacy because you have nothing to hide is no different than saying you don't care about free speech because you have nothing to say.”
ZCASH Reach 170$Hello every one
ZCASH / TETHERUS
🟡Chart is speaking it self!
-ZCASH was in an Ascending Triangle
-The break out has Already Happened
-130$ can be considered a New Support
-If AB=CD than the Price Should be able to reach 170$
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Thank you for seeing idea .
Have a nice day and Good luck
ZEC Continues upward in wedge about to breakoutWatch ZEC continue to rise as the Russians use ZEC to bypass sanctions. ZECs anonymous transactions make it a preferred crypto currency for the Oligarchs looking to work around the sanctions (also Pirate Chain is the other). Over the next 18 days I see ZEC going up another 20+% and then it will cross over the upper resistance and continue upward to $300. UNLESS sanctions are lifted. If the sanctions are lifted get out of the privacy cryptos at least for a little while as the Oligarchs pull their money out as they won't need to use it any longer.
$ZEC, Trying to go for a flip over ~130$ area$ZEC
Trying to go for a flip over ~130$ area
UCTS bullish on the 1D & 2D timeframes (usually strong)
If gets traction from here then 180$ seems feasible
#ZEC
ZEC ready to dump! BE PREPAREDZEC has had one incredible run up to the T200 mark.
However, as I stated in a previous video today: ZEC poised to be trapped within it's descending triangle from over this past year. Zcash is in a historic downtrend right now.
-Note the RSI in purple at the bottom of the screen
-As I pull back to look at the daily ticker, you will notice that the strength index has progressively gotten more and more saturated throughout this hyper positive trend
-Any RSI that saturated and just... straight-up -wettt- is going to finally get overstimulated enough to want to tap-out.
New traders : MAKE SURE you take the time every once in a while to pull back on a daily or even weekly ticker and ident your positive or negative overall trends for a token.
🚨 ZEC Beware 🚨 @~T200 Quick video detailing the fact that ZEC will meet strong resistance once meeting the downward trend at some point in the coming months.
(ZEC will drop back to it's weekly pivot)
Make sure, before you start poppin' cherries on hot tokens you'd never charted/hadn't charted in a while, look back at the daily and make sure you're not going to get shanked at the historic down-trend.
#ZECAs I said, we are approaching the resistance line of $190. To continue the upward movement, we need to consolidate above the line.
ZEC ready to complete 3 pushesEverything clear on the chart, we are having a bearish channel in an uptrend which 75% of the time will make a bullish flag and continue with trend, on the other hand the bearish channel is looking like a falling wedge ready to break with a nice signal bar.
NFA
ZEC is in a wedge, but should break through the top resistanceIf you look at what PirateChain is doing after the sanctions were placed on Russia, you will see privacy crypto is in high demand. As the war drags on and the sanctions continue to strangle the Russian Oligarchs they will continue to use Privacy CryptoCoins to move money. ZEC has already had good upward movement after the sanctions were put in place. Even if they move toward the top resistance line that is a good return, but I believe it will break through that resistance if the sanctions are still in place. Just watch the news and get out if it looks like sanctions are going to be lifted. Yes I know this isn't the way to play the wedge, but with real world events I believe this is the time to get in and maximize profits.
ZEC Long ForecastHere's my read for the weekend.
Assuming overall crypto market pushes up at all. If the crypto market doesn't make some small gains, ZEC might drop to 150-155 range and await signal from the market or other forces rather than $163.
ZEC / USDTAs you can see in the chart ZEC was rejected by the resistance, keep eye on the chart and wait for the confirmation to make it short or long
Just follow the line that I draw
DO NOT FORGET TO USE STOP LOSS BEFORE ENTERING THE MARKET
This is not financial advice it's just my opinion sharing with you guys / Before entering the market DOUBLE CHECK IT and do trading based on your own strategy
I do trading based on Patterns and Zone by Zone / Find your own way that suits you
ZEC Bearish Zec looks bearish as it has approached some key resistance.
Id be looking at areas such as 171 to start taking profit from the short
#ZECThere has been an uptrend since January 24. The level of $125 was strong, but we managed to consolidate higher.
The next very serious resistance line will be at $190. If we consolidate above it, I expect a strong growth.
