ZECUSDT 8H LONG setup - May 21 2024Possible Long setup for ZEC/USDT (8H)
Tight Stoploss: Slightly below 24.0 (Futures)
Wide Stoploss: 22.80 (Spot)
ZECUSDT.P trade ideas
ZEC/USDTThe Bearish Bat pattern is a specific type of harmonic pattern observed in financial markets, particularly in technical analysis trading. It is considered a variation of the Gartley pattern and is formed by a convergence of specific Fibonacci levels. This pattern is named "bat" due to its resemblance to a bat's wings.
Here are the key characteristics of the Bearish Bat pattern:
1. **Initial Move (X to A)**: The pattern starts with a significant price move, labeled as X to A. This move can be either upward or downward.
2. **First Retracement (A to B)**: After the initial move, there is a retracement, labeled as A to B. This retracement usually reaches the 0.382 or 0.50 Fibonacci retracement level of the XA leg.
3. **Second Move (B to C)**: Following the retracement, the price resumes its move in the direction of the initial move, labeled as B to C. This leg typically extends to the 0.886 Fibonacci retracement level of the XA leg.
4. **Final Retracement (C to D)**: After the completion of the BC leg, there is another retracement, labeled as C to D. This retracement typically reaches the 0.382 Fibonacci retracement level of the BC leg.
5. **Completion Point (D)**: The Bearish Bat pattern completes at point D, where the final retracement (C to D) terminates. Point D typically forms at the 0.886 Fibonacci retracement level of the XA leg.
Traders who recognize the Bearish Bat pattern may consider it a potential selling opportunity. They might look for additional confirmation signals, such as bearish candlestick patterns or bearish divergence in momentum indicators, before entering short positions. As with any trading strategy, risk management and proper position sizing are essential when trading harmonic patterns like the Bearish Bat.
#ZEC/USDT LONG#ZEC
The price has been moving in a bear flag since July 2022
and we are about to break that pattern by breaking the downtrend
Supported by oversold on MACD
Current price 31.24
First goal 42.94
Second goal 53.25
Which represents 180% of the current price
This rise is supported by the break of moving average 100, and you must pay attention to the correction points on the chart
Zec/UsdtI expect ZEC to cost around $50 very soon. Symmetric Triangle.After the price consolidates above the Symmetric Triangle line.
Z-CASH - ZEC LONGZEC looks amazing long term, we are confident in the performance of this coin and hold a good amount from the 20-24 $ levels. However, here were looking at a potential trade set up to go long with high leverage.
We are looking for a partial rise within this broadening structure. The closer to 24$ we get the easier it will be to manage risk, having said that we have already achieved a 50% retrace to $27.3 meaning we can accumulate from this level to the 0.786 retrace assuming we are currently in Wave 2 of a larger impulse structure.
We will update within the community on our leveraged long entry.
ZEC/USDT Gearing up for a Potential Rally? 👀🚀ZEC Analysis💎Paradisers, let's focus our attention on #ZECUSDT, as we're poised for a potential bullish departure from its critical support area, indicating a hopeful rise.
💎Approaching a significant support checkpoint, $Zcash is on the edge of retesting the $23.46 support level once more. The observed dip in volume at this juncture paves the way for a continued bullish path starting from $23.46, with a spike in volume hinting at a possible shift in momentum soon.
💎However, if #ZEC's valuation slides below this essential support, it signals a time for strategic reassessment. We're bracing for a bullish rebound from a deeper support at $18.61. If SEED_DONKEYDAN_MARKET_CAP:ZEC finds it challenging to kickstart a bullish trend from this level, we may witness a deeper dive.
💎Vigilance and the ability to pivot are essential as we tread through the #ZEC market's shifting sands. We are always ready to realign our strategies to stay in step with market trends.
ZEC/USDT bullish ride? 👀 🚀 ZCASH today analysis💎 Paradisers, focus on #ZECUSDT! An interesting pattern has emerged as it finds itself in a demand zone, hinting at a possible bullish journey ahead.
💎 #ZCASH is currently moving within an ascending channel, and it has impressively broken above a significant resistance at $26.09. Following a successful retest, it continues its climb. Its position in the demand zone boosts the likelihood of maintaining a bullish path.
💎 Additionally, a notable resistance zone lies ahead. We anticipate the price may soon make another attempt to breach this barrier in the coming days.
💎 However, stay vigilant: a dip below a crucial support level could indicate a shift to bearish territory. As always, ensure you're using wise trading tactics and setting appropriate stop-loss orders! Keep an eye on market trends and anticipate further updates.
ZEC: Bullish Reversal Incoming?ZEC (Zcash) is a privacy-focused cryptocurrency that has been trading in a bullish trend for several months. The price has been respecting the ascending trendline and making higher lows, but it has been unable to make new highs.
The head and shoulders pattern:
The recent breakdown below the ascending trendline and the formation of a head and shoulders pattern suggests that a bullish reversal is in the cards.
The head and shoulders pattern:
The head and shoulders pattern is a bearish reversal pattern that is characterized by three consecutive peaks, with the middle peak being the highest. The neckline is the horizontal line that connects the two lower peaks.
The breakdown:
The price broke down below the neckline of the head and shoulders pattern on March 8, 2023. This breakdown confirms the bearish reversal and suggests that the price is likely to fall further.
Bearish targets:
The first bearish target is the $36 level, which is the height of the head and shoulders pattern. Further downside could see the price fall to $30 or even lower.
Bullish factors:
The price is oversold on the RSI indicator.
The volume is increasing, which could indicate that a reversal is near.
The ZEC community is strong and active.
Conclusion:
The ZEC chart shows a bearish pattern, but there are some bullish factors that could lead to a reversal. Investors should always do their own research before investing in any cryptocurrency.
ZECH/USDTLooks like the HL is in on weekly... a break of resistance and we fly... want a good risk to return setup... watch this space :)
ZEC/USDT in weekly timeAt the bottom of the chart we have strong support that I obtained using momentum measurement. The trend line and the last ceiling are broken. In the zec/usdt chart, we see higher lows, but in the zec/btc chart, we see lower lows, which indicates the gradual entry of whales into the zec currency. We put the first entry point on the market price. We place the second entry point on the pullback at 50% of the last log and the third entry point at 66% of the last log, and we obtain the targets by measuring movement.
green lien : tp(s)
red line : stop loss
blue lines : entry prices
ZEC/USDT Getting rejection, Keep an eye on the demand area!!💎 ZEC has recently encountered significant developments in the market. Currently, ZEC is facing a critical resistance area. If ZEC experiences a strong rejection of this resistance, it may retreat and retest the demand area.
💎 However, if ZEC successfully breaks above this resistance, it could signal bullish momentum and lead to a significant upward movement, possibly reaching our target at the bearish OB area.
💎 If ZEC retraces to retest the demand area after failing to break the key resistance, it's crucial for the price to bounce from this level and resume its upward trajectory in an attempt to break the resistance once again.
💎 However, if ZEC fails to bounce at the demand area and instead breaks down, it would indicate a bearish signal. This could lead to a continuation of the downward movement, with the price potentially decreasing further.
Zec/UsdtBought in at $21 . The more i research on ZEC the less i want to hodl . But a 2 year accumulation with a break of trend is spicy . Expecting retest of 80 - 85.
Any ZEC beleivers out there ?
ZEC/USDT resistance turned to support? What next💎Paradisers, it's time to set our sights on a promising trading opportunity with #ZECUSDT, currently poised at a critical support zone, hinting at an upcoming bullish reversal.
💎ZCASH's Market Trajectory: As we delve into the journey of #ZCASH, we've noted a bounce back from significant resistance. Presently, the price is challenging a key resistance level. A break above this level, accompanied by sustained momentum, signals a high probability of a bullish advance. We're on standby for solid confirmation that the resistance has indeed become support. With continued upward momentum, the price aims to assault key resistance levels at $43.31 or even $50.21.
💎Bullish Bounce and Bearish Warning: Should SEED_DONKEYDAN_MARKET_CAP:ZEC 's momentum start to wane, keep your eyes peeled for a potential bullish bounce from the solid support at $29.30. However, a descent below this pivotal level could signify a shift toward bearish territory.
💎 Market Dynamics and Strategy: As always, we encourage Paradisers to be vigilant and adaptable, ready to adjust strategies in response to market fluctuations. Stay tuned for further developments, and remember, patience and diligence are your strongest allies in these trading waters. Your ParadiseTeam is here to navigate you through this exhilarating journey!
zecusdtZEC. After breaking the downtrend line. It has stabilized and now I am waiting for it to reach higher targets
$zecusdt trading ideaIm expecting 35% growing. but it has to do some pull back first.
entry and exit prices on the chart
This currency is not resistantHold it for 8 months
Limited demand has started to grow on its own, and the long-term downward trend has been broken
ZEC - buy the F**** dipGuys do not miss this opportunity! ZEC has finally bottomed. I oppened LOING position we will see very soon reaction and we will go UP 100% at least. This coin is sleeping for a very long time. We are in very clear distount level. RSI is laying on the ground. All indicator are laying on the ground. This must have some reaction otherwise its dead coin for longer period that I predicted. Take care and its not financial advice!
ZEC ANALYSIS💥💥#ZEC Analysis 🚀🚀
#ZEC is breaking out of a falling wedge pattern on the weekly timeframe👀
This pattern breakout could foreshadow further upward price movement✈️ 💸
👀Current Price: $28.61
🚀 Target Price: $75.59
⚡️What to do ?
👀Keep an eye on #ZEC price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#ZEC #Cryptocurrency #TechnicalAnalysis #DYOR
Rescue ZECusdtLonging Zecusdt one last time.
Rejection needed.
Entered into long 21.03
Flat Stoploss at 20.70
Will close if holds below 21.85.
Targeting 24 and 28.
Note: Not a Financial Advice.
ZECUSDT.PHM signal v3.0 (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 26.40-26.83
- Trending slow and steady if able to hold above the support zone
It is at extremely good reward to risk level now if able to hold above the support level.
