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ZECUSDT trade ideas

ZEC experienced a range trend over the past two weeks!ZEC experienced a range trend over the past two weeks. After the selling pressure stopped at the $52 support area, buyer support pushed the price back to the $58-$60 resistance level. Buyers tried to turn this resistance back into support, but this range remained as resistance due to the recent price drop across the market. Still, the momentum and direction of the trend are downward, and the price is in a short-term downward channel. Further price declines could continue to the main support range of $50.5-$45. If this strong support holds, a double bottom pattern is possible to form on the weekly time frame. Therefore, the price growth can continue at least up to the resistance range of 70-75 dollars. For the short-term, in the 4-hour time frame, we can see signs of a typical positive divergence on the support levels of $52-55. Therefore, if there is no selling pressure this week, there is a possibility that the price will grow from this range and move towards the ceiling of the descending channel at the price of $60. Once the $60 resistance is broken, the following targets will be available to buyers.
by MonoCoinSignal
11
ZEC Incredible SetupLets take a look at LOG SCALE We can see the same rules are being applied in log scale (!) In the impulse we got wave 3 on 4.236 => wave 5 on 8.236: Perfect hits In the final wave of the correction we got wave 3 on 2.618 => wave 5 on 4.236 Conclusion: a) We are ultimately close to the bottom which is already in ($50 mark) OR (if last low breaks) b) Visit 0.786 - 0.886 $24-$33 Lookout: Potential is high ZEC will trade in 4 digits prices in the next run Hold my beer pls ---- No financial advice, do your own research, don't be stupid
by NastyBeer
#ZECUSDT (Watchlist) 7/22#ZEC maybe worth it to add this coin to your Watchlist. 👀 (Share it with your friends) Major trend support located around $50/$45 showing a classic pattern (Falling wedge) as well, Zec seems good to average with a small investment. our view will fail once ZEC breakdown $40 and BTC breakdown $17K with a weekly close below it! Remember Alts are totally rekt during bearish cycle they always do -92 -95 -99% so be sure to follow risk management. #DYOR Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R) add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!! Ps: we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc. This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to make your own research and follow risk management. The Cryptocurrency market is very volatile and involves gains and losses, so know very well what you are heading towards before engaging in it. The information we mentioned here is a personal effort so it subject to success or failure. Good luck to All. 🙏we ask Allah reconcile and repay🙏
by HamadaMark
8
ZEC - starting movesJust a quick update here because there is not much to add really Seems its doing a leading diag possibly as a 3-3-3-3-3 count and now unfolding the final 5th wave. Once we r/s flip $70 its gone. Ideally its gonna break that (for now looking bear) flag to the upside and reclaim that big triangles bottom thereafter. Tiny retrace for a wave 2 and the big show starts probably end of 22/early 23 Hold my beer pls ---- No financial advice, do your own research, don't be stupid
by NastyBeer
ZEC Potential Short / LongThe above chart is based on symbol ZECUSDT - Binance. Alerts have been set. The trading plan is to ladder in 0.25% below Entry, on Entry and 0.25% above entry. Stoploss(SL) is at 1.5%. Risk Management is always important. Let the trade come to you. Take Profits(TP) at 1% increments. First TP1 will have a higher percentage of take profit. If/when TP1 is hit, SL will be move to entry. Do Techincal Analysis(TA) stick to your plan, let the trade come to you, and don't FOMO, if your plan does not come to fruition (not hit) then you have not lost any money, have a SL to ensure best practice so you can continue trading, journal your trade for self development and reflection.
by DisDev