ZECUSD trade ideas
The ambitions of ZcashMy Market Advisor generated a LONG entry signal at market price of 287 USD,
in retrospect, it is clear that large buyers have never stopped buying Zcash, so the recent sale, which was probably due to panic selling triggered by the decline in bitcoin, It was driven mainly by smaller investors who are now going back to buying.
Graphically seems to be actually configuring a head shoulders upside down so the graphical analysis confirms when anticipated by the advisor obviously the doubts remain on the timing of this recovery, but I’m trying to sketch a hand drawing to simulate what price action might be in the next few days.
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ZECUSD Inside Candle (High at 323.99)Inside Bar Candlestick High is 323.99. Mother Bar High is 324.09.
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$ZEC ZECUSD lots of potentialLooking for a good entry on ZEC, with the BTC dump in full effect there is a possibility it could hit $300, placing a buy order above that. If we don't see it that low looking to buy any strong bounce over the next 24 hours. If it just slowly grinds up, buying any breakout at the major resistance around 368. After 368 it's pretty smooth sailing to around 900. If it breaks below $300 will stop at 290 and put the trade on hold until it breaks out over 3 again, it all depends on what the market chooses to do on this BTC correction.
$ZECUSDT - On its way to 800Hello everyone!
Zcash is on its recovery cycle, heading towards 700-800.
The pair has made a breakout from the ascending channel and doesn't seem to be giving up it's bullish pace.
Although RSI on all time frames show extreme overbought, it might as well correct to 326 and 290 (less likely but possible)
The pace is high, so ZECUSDT will reach 800 anytime soon as it enters a new impulse.
ZEC with a minimum 5x on the cards - HALVING, SCARCITY, FRACTALSZCash is like Bitcoin, but the transactions are privatized using Zer-Knowledge proofs. It has a fixed supply of 21million coins.
Last October, it went through its first halving. When BTC did its first halving, it proceeded to do 90x over the next year.
ZEC was about $50-60 at the time of halving. It's now 350.
The previous ATH was over 800. We're still more than 50% off that.
If BTC, ETH, ETC, and DOGE can all pump (all legacy coins), then why wouldn't ZEC?
The trend is there, looks about to go parabolic.
To me, this is a no-brainer.
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ZEC: $1000+ 10iq AnalysisZEC (blue) and ETC (orange) like to kick it together
10iq analysis says 1k+ for KRAKEN:ZECUSD
ZEC/USD long setting upFor anyone sidelined on zec heres an opportunity for an entry on the 4hr. .618 fib retrace lined up with the bottom of the supply line. Also showing hidden bullish divergence for continuation to the upside. Some nice coinciding variables to make an argument for a long here.
ZCash longOk, ok, my timing was not the very best last time, I know. ZCash retraced quite a bit but found a support at EMA50. I am still bullish.
ZEC LongZEC backtesting an old high as support with bullish hammer reversal candle
Also some spring backtest of spring stuff going on here
Target the old icelines from history
Zcash longFirst lets get past resistance 1, then we can move onto the 2nd at $750-$800 then (not really a resistance) more of a checkpoint at $2500 (by end of summer)
The ZCASH ZECUSD Road Towards the Megabull - Up to 3,000% GainsHi everyone!
I have more ALTS charts about to get published in the next few days, so hit up that Like and Follow buttons to receive the latest notifications about what's new from my channel!
Now lets dive in the technicals of ZCASH:
Short-term, ZCASH has still not broken the previous ATH at $800~ so buying know at $308 is still considered an early entry and you still can make 3,000% in gains if this trade plays out as expected and we top close to $8,000-10,000 by Dec 2021 - Jan 2022.
In the incoming weeks, I would expect to see a strong rally (blue fractal for reference) towards the top of the bull parallel channel at $500 and maybe even a break out past it towards the ATH resistance block near $700-800. If we see enough momentum then maybe we can pull up higher and hit $2,000-2,500 but that's to be seen. Meanwhile, the bottom neckline or support of the bull parallel channel should hold through 2021 until the top is in. Once that neckline breaks imo it is likely that the bear market has started.
Looking further ahead at the next bear market of 2022-2024, we can expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at $400-300~ !
Best of luck and happy trading!
Carl M.
Cash > CoinZcash delivering the promise of hard money and forward secrecy, all while being compatible with government regulations with viewing keys. Scalable, Fast, Easy to Use, No Sign-Up Digital Cash.
The only way is ZECName me another coin with 21 million hard cap going for under $300.
Utility of LTC with the scarcity of BTC...
Privacy features from the future...
I just like the stock :)
Not financial advice.
