Zec
ZEC traded to perfection. TV's most accurate analyst nails it!As per the previous analysis where my target was hit to perfection (what else is new?) and then a retrace, you can see ZEC did exactly as I said it would.
This is similar to nearly all my analysis where my target shown is reached and then a retrace, meaning that the 'meat' out of the trade is at it's highest and for those brave enough in a bull market (like me) you could short the targets and re-buy when it hits major resistance bull market indicators explained in my member's section on my website.
The next move will be to re-buy when my short from $150 hits $134.99 and wait for ZEC to move higher to $260 before the next move is made on this market. I advise not to short now if you haven't done so at the target level of $150 as the risk does not meet the value of the reward in my opinion. To short in a bull market is for experienced and knowledgeable traders only, that is a warning to novice traders!
The market could turn higher before the short closes so I need to monitor the market or have back up plans in place if not able to monitor the price action. There will be some resistance when the RSI hits 77 on the chart as shown by the red horizontal line if the market does move upwards.
Anyone is a genius in a bull market, the trick is to know what the target is to sell and then re-buy back in.
Happy trading legends!
HTBB
Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member.
ZECUSDT just started to move privacy coins ZEC, DASH and XMR just started to their trip to the old days. When you look at the whole market even shitcoins and every new DEFI coins and mostly all big coins except privacy ones pumped huge. now the time came to the old giants. EOS, IOTA and ETC also started to move up strongly. For ZECUSDT when you look at the graph, we are already above the support trendline and today partly tested resistance line. above 127-130 usdt is totally open area and can move up more quickly over that numbers. so its better to put SL to the red line and to wait for real fly with the volume
$ZECUSD - Breakout confirmedHello everyone!
This is another altcoin to my watchlist - ZECUSD.
RSI indicates that the coin is currently overbought, hence there should be a slight correction, the lowest to $99.5, however the candle is still above the dynamic resistance (pink), so uptrend sentiment remains.
The Overview of the ZCASH ZECUSD Megabull to $2,500-2,800Sup everyone!
There is a possibility that ZCASH or ZECUSD reaches an ATH (All-Time-High) in this 2021 Megabull at $2,500-2,800 which would be a whopping 10,000% from the the $21 bottom as seen in my green projection. Of course higher is also possible but if needed I will update this chart near October 2021.
Technical analysis wise we do see ultra TWO bullish long-term bull reversal patterns via a (1) double bottom at $25-19 and a (2) rounding bottom (in blue). This sums it up nicely, the bear market is finally over and the bull market is on!
Buy/Support:
:white_check_mark: $25-19 - HIT / Double bottom
:arrow_forward: $56-50
:white_check_mark: $93-89 - Late risky buy - HIT
Sell/Resistance:
$112-123
$210-225
$405-423
$765-800 - Previous ATH
:arrow_forward: $1,500-1,600 - Rounding bottom textbook target - Sell 10-15%
:arrow_forward: $2,500-2,800 - Megabull Target - Sell 100%* (subject to revision/readjustment if it warrants it as we near October - December 2021)
Hit the like button and the follow button if you like this idea and check our profile for other recent setups for ADA, LTC and ETH and many more!
Best of luck and happy trading!
Carl M.
ZECUSDT (Broadening Wedge)ZECUSDT (4H CHART) Technical Analysis Update
MKR/USDT currently trading at $91
Buy-level:$85 - $95
Stop loss: Below $76
Target 1: $108
Target 2: $120
Target 3: $140
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment your thoughts.
Miss out on Zcash's last pump? It's not too late. ZEC is a buy today after its fall from grace at $120. Think of this as a second chance to get in cheap! This is a massive buy signal on the daily chart.
Disclaimer:
Not Investment Advice
The information provided by Trading Legacy is for general information purposes only. No information, materials, services and other content provided by Trading Legacy constitutes solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
🆓Zcash/USDT Analysis (2/2) #ZEC $ZECZEC has formed a support zone with a Diamond pattern around $86 and ZEC will rise over the next few days. Its targets are $140 and $190 zones this February
📈BUY
-Buy: 84-88$. SL if B
-Buy: 100-105$. SL if B
📉SELL
-Sell: 100-105$. SL if A
-Sell: 135-140$. SL if A
-Sell: 185-190$. SL if A
♻️BACK-UP
-Sell: 84-88$ if B, SL if A
-Buy: 56-60$, SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
ZCash (ZEC) one more up leg "invert scale"
Hey trader,
this is the same previous post but in invert scale for visualization in order to see how the waves pattern will look like, and it looks like so familiar that the price might dip (rise) as a high probability! time will tell sooner or later.
the coin since after hitting its ATH price never reversed to any one of the fibo levels so if the reversal happen then expect the 200's levels as a minimum target.
good luck
ZECUSD a massive bullish setupHey friends, hope you are well, and welcome to the new update on Zcash.
Previously I have posted the article when the price action of Zcash formed a big bullish Gartley and so far it has produced more than 122% rally:
The long-term up-channel:
Now on the weekly chart, the price line of ZEC is moving in an up-channel and reached at the resistance, in the meanwhile, it has broken out the 25, 50, and 100 simple moving averages on the weekly chart as well.
A big bullish Shark move:
Now the price action of ZEC has formed a bigger than the previous Gartley pattern on the monthly chart. the price action cannot enter in the negative zone therefore it is not possible that the price action may move more down up to 1.13 Fibonacci retracement level. The priceline of ZEC has found firm support at $20, therefore it can be considered as a maximum extent of potential reversal zone area.
Big bullish Butterfly:
Zcash with Bitcoin pair on 2-week chart has formed a very big bullish Butterfly pattern and entered in the potential reversal zone. This potential reversal zone is very vast and in the Bitcoin market, the ZEC has no significant long-term support as well, however, it is likely to find a trend line support on the weekly chart. Therefore we should be looking for two major signals to buy the ZEC within the potential reversal zone of this butterfly pattern. First, we can wait for the exponential moving average 10 should cross up the EMA 21 on this weekly chart.
Secondly, we can use look at the Ichimoku cloud on weekly chart and wait for the conversion line to cross up the baseline. After these two major signals, we can place our buying orders in Zcash with the Bitcoin market.
Conclusion:
The price action has formed the biggest harmonic pattern in its history. Therefore there are strong chances that in long-term it will achieve the highest price in its history as well.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com