Get started

Zcash

ZEC / Zcash Bullish divergence and retest - pullback to On the ZEC daily, we’re seeing a bounce on support, although we’re in a downtrend, I expect a pullback to the EMA. Impulse on the daily is flipflopping between yellow and red, and allows me to trade. This means that the EMA and/or the MACD Histogram are about to turn up. We also see some long wicks on the bottom, that seems to show that further going down is rejected. RSI is crossing up from a totally oversold condition. On the 4 hour chart, I have a bullish divergence and a retest of this low after that, and then it seems to turn up and going up. That lower retest was also diverging with prices on MACD-H and Elder Force Index. The stoploss can be placed in the lower wicks we’ve seen before at 49,1. I figure if we after the retesting of the low again again will come down, we probably are going down. Especially with the current bearish background of BTC. For that same reason, I will tighten the stoploss as soon as I see a new higher low forming on the 4H timeframe, because of these market conditions. Entry: 51.x Target: 57.5 to 60.70 Stoploss: 49,1 R/R ratio: 1:3,5 to 1:4,6
Long
by Tornado_Trading
ZECBTC formed bullish BAT | A good long opportunityZcash is one of my favorite digital asset who gives short term trading opportunities almost daily for the day traders. Currently being traded below exponential moving averages 10 and 20 with Bitcoin pair on day chart. On short term 2 hour chart after a successful formation for bullish Shark pattern the ZEC moved up from potential reversal zone and now the price action has formed a bullish BAT pattern and at this time the priceline is floating in potential reversal zone of this BAT pattern. Let’s dig this pattern deeper to examine how perfect this pattern is formed: After completing the initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time from this area. The Indicators: We can use different indicators to get help enter this trade like the moving average convergence divergence (MACD) is strong bearish and stochastic is in bear cross so we can wait for MACD to turn weak bearish from strong bearish or stochastic to give bull cross then place our buying orders. The Targets: The buying and sell targets according to harmonic BAT pattern should be: Buy between: 0.006296 to 0.006273 sats Sell between: 0.006350 to 0.006431 sats   Stop Loss: The potential reversal zone of this pattern can be used as stop loss in case of complete price action closes below this level. This is short term trading idea not a long term idea, I will be keep posting more trading ideas
Long
by moon333
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. Please Like & Comment ------> Lets Be Friends **even if we disagree** HAVE A GREAT DAY. LIFE IS A GIFT. Not Financial Advice.
KRAKEN:ZECUSD
by MitchMilli
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.
KRAKEN:ZECUSD
by MitchMilli
2
Watch Zcash tomorrow ZECUSDT +7% today. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
1
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.
KRAKEN:ZECUSD
by MitchMilli
2
ZECUSDT Rising wedge | Bearish Divergence | Low Volume Hello Traders!, Today’s chart update will be on ZECUSDT – requested by a follower! - where a visible rising wedge is forming with a clear bearish divergence. Points to consider, - Trend traveling into apex - Bearish divergence visible - Local support at .382 Fibonacci - RSI putting in consecutive lower highs - Stochastics in upper regions - Volume declining ZECUSDT is clearly travelling into its apex, support and resistances converging, causing price to influx. There is a bearish divergence forming which signals buyers are potentially exhausted. Local support in confluence with the .382 Fibonacci is a potential trade location; ZEC has a high degree of probability in retracing to this level. RSI is putting in consecutive lower highs, clearly diverging from price, putting emphasis on the bearish divergence. The stochastics is currently in upper regions, can stay trading here for an extended period of time, however lots of stored momentum to the downside. Volume is clearly declining; signalling that a break is imminent, confirmation will be visible when volume increases. Overall, in my opinion, Zcash is close to its apex, a break down to support is probable, which is in confluence with the .382 Fibonacci. What are your thoughts? Please leave a like and comment, And remember, “A quiet mind is able to hear intuition over fear.” ― Yvan Byeajee
Short
by AzizKhanZamani
ZCASH in a rising wedge with heavy bearish divergenceZcash has a lot, and i mean A LOT of confluence right now. I feel very weird about shorting an altcoin right now but when the TA gods speak, i listen. Reasons to short: - Rising wedge pattern - Quadruple bearish divergence on the rsi - Quadruple bearish divergence on macd - Bearish divergence on the daily - Bearish divergence on the 1 hour - Strong weekly resistance This is not financial advice, please do your own research before opening a position HEY EVERYONE! if you liked the idea please give me a like :) if you want to see more ideas, chuck me a follow, a lot more ideas to come :) THANKS FOR YOUR SUPPORT
Short
by Eldtrades
Zcash Super Strong | Next Target Mapped + Support LevelsHere we have ZECBTC (Zcash), one of the strongest altcoins within the cryptocurrency markets. We can look at multiple signals here starting with EMA300 (grey line). This level is working as resistance and stopped ZECBTC from growing... This is clearly marked on the chart. If EMA300 can be conquered, we will see prices flying up fast. But if instead EMA300 is too strong, we will see ZECBTC retrace and test the lower support (EMA200/EMA50). The ascending triangle in light blue is another bullish signal on this chart. With such strong consolidation, prices are likely to continue straight up. If we look at the long-term chart, this is only the beginning and there is room for much more growth... Charts below: Dec 5, 2019 | Zcash Starts To Go Bullish, Lots Of Potential For Growth Jan 13 | Zcash Enters Bull Phase, Huge Volume, Gaining Momentum Thanks a lot for reading. Namaste.
Long
by AlanSantana