Meanwhile ZEC....... coiling up hard holding the double bottom.
Once the local orange downtrend has been surpassed, the bottom of the triangle will be next and thereafter the top of the triangle for the ultimate test to break the downtrend
Break 1.0 fib would be bad -.-
Hold my beer pls
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No financial advice, do your own research, don't be stupid
Zcash
Zec in important levelsZcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.
Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous; while they do not explicitly reveal the identities of their users, each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics.
Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.
Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase.
Buy setup (Spot and Future; but Spot is main)
**In short-time this crypto can be bearish
Entry : 49.5 - 60.6
SL : 42.7
TP1: 62.4
TP2: 64.5
TP3: 67
TP4: 70
TP5: 73
TP6: 77
TP7: 81
TP8: 86
TP9: 91
TP10: 97
TP11: 105
TP12: 115
TP13: 125
TP14: 140
TP15: 155
TP16: 175
TP17: 200
TP18: 231
Spot or Future (with 1x, 2x, or 3x)
Run it and keep enjoy😍
Follow me! Copy my trades💚
ZECUSDT - Falling Wedge PatternZECUSDT (4h Chart) Technical analysis
ZECUSDT (4h Chart) Currently trading at $61
Buy level: Above $61
Stop loss: Below $56
TP1:$64
TP2: $69
TP3: $75
TP4: $82
Max Leverage 3x
Always keep Stop loss
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Bottom Reversal for Zcash vs Ethereum: Rally back to 1:1A Next-Generation Smart Contract and Decentralized Application Platform
Satoshi Nakamoto's development of Bitcoin in 2009 has often been hailed as a radical development in money and currency, being the first example of a digital asset which simultaneously has no backing or "intrinsic value" and no centralized issuer or controller.
However, another, arguably more important, part of the Bitcoin experiment is the underlying blockchain technology as a tool of distributed consensus, and attention is rapidly starting to shift to this other aspect of Bitcoin.
Commonly cited alternative applications of blockchain technology include using on-blockchain digital assets to represent custom currencies and financial instruments ("colored coins"), the ownership of an underlying physical device ("smart property"), non-fungible assets such as domain names ("Namecoin"), as well as more complex applications involving having digital assets being directly controlled by a piece of code implementing arbitrary rules ("smart contracts") or even blockchain-based "decentralized autonomous organizations" (DAOs).
What Ethereum intends to provide is a blockchain with a built-in fully fledged Turing-complete programming language that can be used to create "contracts" that can be used to encode arbitrary state transition functions, allowing users to create any of the systems described above, as well as many others that we have not yet imagined, simply by writing up the logic in a few lines of code.
ZEC / USDT (Zcash) | Will The Price Bounce Above The Triangle?ZEC / USDT (Zcash) | Will The Price Bounce Above The Triangle?
As all the other currency pairs Zcesh is still in the red areas given the fact that BTC is
still holding all the other currencies down very strong.
On the actual patter Zcash is creating a type of contracting triangle.
A breakdown of the price below 59.30 cash help it to move lower.
A break out of the price above the triangle will help the bulls to take again the price control.
Thank you and Good Luck!
Zcash (ZEC) Price Prediction 2022Zcash (ZEC) holds the 59th position on CoinGecko right now. ZEC price prediction 2022 is explained below with a weekly time frame.
The above chart of Zcash (ZEC) laid out the falling wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal.
This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down.
Currently, Zcash (ZEC) is in the range of $80.00. If the pattern continues, the price of ZEC might reach the resistance levels of $132.70 If the trend reverses, then the price of ZEC may fall to $52.20
Zcash (ZEC) Support and Resistance Levels
The chart below shows the support and resistance levels of Zcash (ZEC) .
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Zcash (ZEC).
Resistance Level 1 $96
Resistance Level 2 $134.1
Resistance Level 3 $172
Support Level 1 $71.5
Support Level 2 $50.2
ZEC Resistance and Support Level
The charts show that ZEC has performed a bullish trend over the past month. If this trend continues, ZEC might run along with the bulls overtaking its resistance level at $123.7.
Accordingly, if the investors turn against the crypto, the price of the ZEC might plummet to almost $50.2, a bearish signal.
Happy Trading !!!!
ZECUSD broke above the 1D MA100, first time since April.Zcash (ZECUSD) broke today above its 1D MA100 (green trend-line) for the first time since April 29. Coupled with the emerging Bullish Cross on the 1W time-frame, this is most likely a bullish extension signal, targeting the 1D MA200 (orange trend-line) and the 0.618 Fibonacci retracement level (122.00).
It would be best to wait for a 1D candle close above the 1D MA100 to have a confirmed signal, otherwise we may get one last pull-back to the 1D MA50, presenting the best buy opportunity.
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ZEC in acceleration modePicturing simply that big triagnle ZCASH has printed is crazy. After sweeping the lows below, it has finished a corrective pattern with perfect 5 wave structure in the end.
From the low we have started the yellow trend which is now being left for an accelerted green channel and blasting through first resistance in red.
Next hudle will be the bottom of the triangle, once taking, expect the upper boundary to be tested pretty soon giving a nice 50-80% rally which could mark the top for a possible 1st wave of the next impulse up to insane price ranges with 4 digits
Hold my beer pls
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No financial advice, do your own research, don't be stupid
Zcash / BTCThe date was 10/15/2019, I posted one of my first analyses to this account called " found a downwards channel in ZEC " (linked down below)
all the chart had was a channel placed with 3 indicators: the TD seq, Ichimoku & EMA ribbon
with a bio of " this channel needs to break or there will be no ZEC bull run " that's it... haha... ok
As time passed the channel held perfectly, I never moved it till this day.
*FYI*
The orange and green lines are the fib lines
Green lines: .618 (middle) & .5 (middle)
Orange lines: 1 (top) & 0 (bottom)
Need proof? I got you
3 beautiful tests on each of the tops & bottoms of the channel also there are many confirmations for the middle of the channel.
If we zoom in and look at the last two channel touches and compare it to BTC, we can see further proof of resistance existence
The first touch was exactly when BTC dropped but the second touch lagged a week (bull trap) but still it touched the channel right when it was dying.
I'm sure that puts more weight on the channel with more evidence then just candle touches.
After the correction we broke out with a hit of the ichimoku to end it all and a top at 48k BTC resistance.
While everything's playing out ZEC falls and perfectly touches top of the channel & forms a multi week bottom while confirming the channel as a bottom with the help of the TD seq.
Potential ichimoku cloud break this week!! first one in its history!!!!
Now that we agree that the channel works, lets look at the ZEC longs
The white lines represent the severity of the first channel touch, with the biggest drop in longs I've ever seen. that fall killed off 80% of people and it didn't bother recovering.
First Jump: 203 days
- From (Dec/10/2018) to (Jul/1/2019) longs shot up from 6.3k to 64.5k
USD BTC
ZEC was @ $50 & toped @ $100 - (+2x) ZEC toped @ 0.017 & ended @ 0.0093 (-1.8x)
BTC was @ $3.5k & toped @ $12k - (+3.5x)
Consolidation: 378 days
- For the next year (1/Jul/2019 - 13/Jul/2020) longs stay consolidating between 46.5k to 65k
USD BTC
ZEC starts @ $100 & end @ $60 - (-1x ish) ZEC starts @ 0.0093 & toped @ 0.0063 - (-1.5x)
BTC starts @ $12k & ends @ $9.5k - (-0.8x)
Last Jump: 287 days
- Longs shot up (Jul/20/2020 - May/3/2021)
USD BTC
ZEC was @ $60 & toped @ $300 - (+5x) ZEC starts @ 0.0066 falls to 0.0015 then ends @ 0.006 - (almost equal)
BTC was @ $9.5k & toped @ $65k - (+7x)
Death: 360 days + ? (May/17/2021 to ---)
- This is the day BTC had the hardest and fastest fall in history. After a full 875 days of longs going straight up everyone lost hope and left it consolidating for about 360+ days, no longs in sight.
As you can see every person longing ZEC/BTC died from the begging of 2018 till now, you notice the USD value made some sort of profit but if you ask me.... no ser you cant be an alt and not do min 10x threw a 4 year long bear+bull market. No but for real, BTC went from $3k to 65k in that time span.... what did Zcash do? with a top @ $1k and a floor @ $20 we are still at $100 with every alt at least hit there ATH..... come on now...
just look at the mining difficulty and tell me that's not a great indicator, miners are hard at work and they have been.
ibb.co
the date was Jul/19/2021
I posted a chart called "this chart predicted the TM cap top" (linked down bellow)
this is the second post noticing it, in it I said "once this channel breaks.... obviously to the upside (if ever) this might lead to the biggest alt market ever seen."
that was back then and now is now.... I'm not saying its not possible but with rate hikes and the Nasdaq falling hard with the DXY mooning, it doesn't fell too well but hold strong. Charts speak for them selves.
look I'm not gonna lie, I truly believe BTC will jump to 40k and top out then the US will keep dumping on us to lower rates and more hell will be brought onto us till 18k gets touched. that's if and only if we keep following the US, with China potentially giving out $5.8 T stimulus.... I think we might see another 2020 but with the Asians instead of Americans but at some point pain will come so take care people.
With the US & EU noticing crypto, placing laws and regulating like they give a shit I can see the need for privacy coins at this exact moment.... I can proudly say this channel is real and it did break also I can fully understand why were breaking out of this channel with all the harsh rules and taxes.
To me the biggest news is when they have there stable coin on the market. I believe that will officially stamp crypto as a "real" asset to the normies
This is the perfect moment!! Bitcoin is at 30k and ZEC???? who the hell is looking at anything other then BTC after the shit show LUNA caused.
You can call this bearish but I disagree. Zcash has the momentum against BTC and has full privacy. Once the US comes in with there coin I can promise you fed eyes will be all over the blockchain and all the fools scared of the government? (I'm not (: idk why you would be) well they will be running to privacy coins for sure.
ZEC isn't the only privacy coin looking to moon XMR about to pop!
with a perfect break of the channel and a retest of top 1
im just more bullish on ZEC
good luck guys be safe!!!
Zcash vs Bitcoin Updated; One More Whales Rally is PossibleLuminaries of the crypto-sphere discuss their vision for the future of Web3.
This session's speakers include:
- Moderated by Marta Belcher, Chair at Filecoin Foundation
- Moderated by Ryan Selkis, CEO of Messari
- Zooko Wilcox, Founder & CEO at Electric Coin Capital
- Vitalik Buterin, Co-Founder of Ethereum
www.youtube.com
Zcash vs Bitcoin has Death Cross Impending or Mega RallyFoundational upgrade delivered without causing a network or market crisis. This is now a potential green-light for Zcash to continue to outperform against Bitcoin
If the local levels are rejected during rally attempts (003500 and 004000 namely) then this will move much lower toward 002000
electriccoin.co
Zcash Network Upgrade 5 (NU5) activated on mainnet today, May 31. It is the most important milestone for Zcash since the cryptocurrency launched in 2016 — and as our Electric Coin Co. (ECC) CEO Zooko Wilcox put it, “an historic step forward for human society.”
NU5, the first major upgrade since November 2020, includes the launch of the Orchard shielded payment protocol, utilizing the Halo proving system to remove reliance on complex setup ceremonies. The efficiencies built into this upgrade make possible — for the first time ever — private, trustless digital cash payments on mobile phones. Halo also paves the way for increased interoperability by providing a system that could unlock private cross-chain proofs at scale.
$BTC Bearish Target Reached ✅+12%The next target has been reached ($19300)...! Each and every moves went according to our analyzes , do not trade against the trend as much as possible or do it in the best zones (POI)...! We have to see if the price reacts to this level or enters the Bullish Order Block in the range of $17,950 to $18,600! Don't forget that a liquidity pool below $17,500 has been formed, which sellers and bears may be looking to fill it.
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.13.2022
⚠️(DYOR)
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