💡 Don't miss the great buy opportunity in Zcash/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00395). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Zcash/Bitcoin (ZECBTC) is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 0.004160
TP2= @ 0.004320
TP3= @ 0.004500
TP4= @ 0.004680
TP5= @ 0.005000
SL= Break below S2
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Zcash
💡 Don't miss the great buy opportunity in Zcash/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00395). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Zcash/Bitcoin (ZECBTC) is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 0.004160
TP2= @ 0.004320
TP3= @ 0.004500
TP4= @ 0.004680
TP5= @ 0.005000
SL= Break below S2
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ZEC Falling Wedge Breakout Soon To Be Decided Big falling wedge pattern in ZEC/USD.
$70 is key support level. Price briefly tested this area recently. Would make a great base for a huge leg up. In order to confirm breakout of the falling wedge we will need a candle body close above the light grey diagonal resistance line. Look for a retest upon break out but sentiment could switch to bulls quickly.
Also we might have a golden cross on the daily candle, after xrp daily candle had a golden cross the following day saw a 50% pump .
Interestingly, a 50% pump would take ZEC to the majorly anticipated resistance around $110.
Most intraday timeframes are in overbought territory in Stoch RSI .
What will ZEC do? (prob 100x in a year like BTC did after its first halving)
Not investment advice.
ZCASH (ZEC) Bottomed Outlet's take a look at this amazing setup #zec
zec price now at bottom
price is bouncing off the support with great volume 14% up from the bottom zone
if we have very good weekly close and price make the really good bounce than we will definitely buy the retest of this coin
if you want to buy than buy under 0.004 satoshi and hold
ZCash in Strong Impulse.I lost the count of the number of fractal patterns at play here now. But they are real, because I have confirmed an impulse. Immediate Fib Targets are 70.6, 71.52, 72.79. Invalidation is of course in red, as usual. Don't forget, none of this, and any of my posts, is ever financial advice. It is important that you educate yourselves, and make your own financial decisions.
ZCASH WEEKLY AND DAILY REVIEW.Price is at a a key level and considering the hype and positive reviews, we all know Zcash will definitely increase in price.
From a technical analysis point of view, the first price target will be the top of the ascending channel with a possible continuation to the previous supply zone after which we might see price slowly dwindle down to form new lower lows.
The overall current momentum is bullish at the moment and we only look for buys in the next couple of weeks.
Leave a like ,folow and comment on a pair youdlike to see me review next. Stay Winning.
Possible Future For Zcash --> Supply Halving 2020 The white line on this chart represents the second in history and most recent Bitcoin halving. Notice the bullish price action that followed. Simple economics really. Supply is reduced whilst demand increases.
I believe the same future lies ahead for ZEC. A privacy minded fork of BTC that has survived this market for years. There was much dislike for an initial high inflation rate with this coin. Either way the supply was cut in half today and I think few are paying attention. Along with the inflation rate is a founders reward. The upside to the reward in my opinion is a well funded project.
This post is for me to document my frame of mind and look back on it in 12-18 months to see what fate delivered. Not investment advice.
After first BTC halving November 28 2012 price went from roughly $10 - $1000 in one years time. This is equivalent to 100x return on your investment. A 100x to Zcash at current levels would mean a $6-7k ZEC token. This is by no means a guarantee that will happen. Im simply stating that this is possible proven by the fact that it has happened in the past.
Given the problem with transaction data on BTC at enterprise level "Privacy" coins will become of great concern. ZEC and the corporation behind it are more than positioned for this new trend.
Guess we'll see where the dust settles.
Place your bets.
Not Investment Advice.
ZEC Could Be Entering A New Bull Market just now
As the weekly candle closes for Zcash we edge closer to a decision point. Following a major multi year sell off that was briefly interrupted for a few short rallies ZEC has been forced to a point of decision. It just so happens to align with the reduction in supply in terms of block rewards.
Possible "W" bottom formation followed by a higher low on the weekly chart. This could be the point of the market cycle where the overall sentiment turns more bullish and the same demand (which likely continues growing) as before pushes up price due to reduction in supply.
I will allow the chart to guide my opinion in the coming days and weeks.
Interesting times my friends I wish you all peace and happiness.
Not Investment Advice.
ZECUSDT -Potential rejection of descending triangle resistance🔽ZECUSDT is testing the descending triangle resistance.
Bearish engulfing bar was formed on a Daily timeframe.
RSI printed a bearish divergence signal on 4H timeframe.
Sell entry ⬇️ - breakdown below the minor trendline support.
Target - descending triangle support.
Awaiting ZEC Weekly Candle Currently in a big pennant. Macro trend resistance lies around $110. Positive weekly candle could break price from range and begin to head towards the major resistance levels as outlines in previous posts of mine. Negative weekly candle could push price to the bottom of pennant near $50 or lower if that does not hold as support.
Not financial advice.
Like if you appreciate my analysis.
Best wiShes.
💡Don't miss the great buy opportunity in ZECBTCMidterm forecast:
While the price is above the support 0.00355, beginning of uptrend is expected.
We make sure when the resistance at 0.00490 breaks.
If the support at 0.00355 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI bounced from the support #1 at 23 and it prevented price from more losses.
While the RSI resistance #2 at 48 is not broken, the probability of price increase would be too low.
A peak is formed in daily chart at 0.00660 on 10/12/2020, so more losses to support(s) 0.00370 and minimum to Major Support (0.00355) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 34.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.00370 to 0.00355). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00370)
Ending of entry zone (0.00355)
Take Profits:
TP1 @ 0.00440
TP2 @ 0.00490
TP3 @ 0.00560
TP4 @ 0.00675
TP5 @ 0.00750
TP6 @ 0.00865
TP7 @ 0.01000
TP8 @ 0.01250
TP9 @ 0.01500
TP10 @ 0.01700
TP11 @ 0.02150
TP12 Free
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💡Don't miss the great buy opportunity in ZECBTCMidterm forecast:
While the price is above the support 0.00355, beginning of uptrend is expected.
We make sure when the resistance at 0.00490 breaks.
If the support at 0.00355 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI bounced from the support #1 at 23 and it prevented price from more losses.
While the RSI resistance #2 at 48 is not broken, the probability of price increase would be too low.
A peak is formed in daily chart at 0.00660 on 10/12/2020, so more losses to support(s) 0.00370 and minimum to Major Support (0.00355) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 34.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.00370 to 0.00355). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.We would set buy orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00370)
Ending of entry zone (0.00355)
Take Profits:
TP1 @ 0.00440
TP2 @ 0.00490
TP3 @ 0.00560
TP4 @ 0.00675
TP5 @ 0.00750
TP6 @ 0.00865
TP7 @ 0.01000
TP8 @ 0.01250
TP9 @ 0.01500
TP10 @ 0.01700
TP11 @ 0.02150
TP12 Free
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Z Cash officially in Wave 3. ZECUSDOh Yes! The fun is just getting started. That was quite a large Wave 1 (compared to top ten cryptos), and it looks like there is plenty more to give. First initial Fib Goal charted in. Obviously if we retrace lower than SubWave 1 start, then all bets are off, but this is somewhat unlikely at this stage. Strap yourselves in and NFA.
Special Session: My top 8 cryptocurrency for 2021Hello guys, and welcome in this special session. Today, I am analized my top 8 cryptocurrency that I want to invest on 2021. I'm so happy to know my own result based in my criteria, features and why each projet is so unique in their class. I want to suggested you that all top it's could be an any impact if you see or not see your cryptocurrency, but it's based in my own evaluation that I did today. So, tonight. I want to present and revealed my own crypto portfolio and I will going to talk about of themes that I want to discuss.
Themes to discuss:
1. Why I choose this token or cryptocurrency
2. Why I put this token or cryptocurrency in its top
3. How I will going to accumulate this crypto
So, it's interesting to know. As warning if you're surprious if any crypto that you can't imagine that I put in its top or don't apper your favortie crypto, don't worry about it, because it's based in my criteria and I want to explain these themes, and also, below of my link to related ideas. I add my crypto-fundamental analysis if you want to read, learn and more!!!
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Top # 1: Bitcoin
I choose Bitcoin as the first alternative and top # 1 because Bitcoin was the first cryptocurrency that was birth and it's the money of the future.
I have near of 3 years that I knowed Bitcoin from starting on 2018. And when I know Bitcoin in this time, Bitcoin is change my life and Bitcoin show
my way to understand how money work, how banks work. And then, this is the way that I'm reach here, make trading in cryptocurrency, forex, commodities. etc... Also, I invited you to linked below in my link relate idea about Bitcoin
Top # 2: Cardano
I choose Cardano as the second alternative and my top # 2 because Cardano wan't to build a third generation of Blockchain Technology. I understand
that as Ethereum is the second generation of Blockchain, so Cardano is so competent with Ethereum.
Cardano it's my favorite cryptocurrency and one of my principal cryptocurrency to invest and accumulate a lot Cardano, I true in their vision on what
Cardano make for our society, and also, I am so enthusiastic in this project and
I want to join on the team to promote this project in my country and show the world that this project make impact in the life facet to long-term as
Cardano resolve the following components: Education, Agriculture, Science, Health and Technology.
The reason that I put Cardano in my top # 2 is their future adoption. As this project is so biggest, it's a cryptocurrenc that could open the doors to
build opportunity for the people meanwhile what Cardano say in their website, and this project could be the next third generation of Blockchain. Their
technology and enfocous is so unique and they're not any project with this capacity and objectives to build a strong infrastructure in the future way.
Top # 3: Chainlink
I choose Chainlink in my top # 3 in the kind of technology unique that we can to send money menwhile APIS that can be connected by smart contract.
What I found out in this cryptocurrenc is the next bomb massive for the market cap that Chainlink could put to place an Ethereum as their major
rivals and created a nice adoption in the crypto-industry and Decentralized Finance or DEFI.
It's one of my favorite cryptocurrency together with Cardano, both are the best cryptocurrency to invest in this digital age.
So, the most that I like on Chainlink is their unique solution to resolve all problems that all problems in the payments method, scalibility and the good equation and formula to create the future of Decentralized Finance.
Top # 4: Ethereum
It's so sorprendent that I put Ethereum in my top 4, but it's really that Cardano and Chainlink has the strongest aims and unique in their class. But for
that reason, Cardano and Chainlink are in the top # 2 and # 3. And for that, I take my time to study each project with carefully and choose the best to
clasify in the top.
I choose Ethereum in my top #4, the first reason is that Ethereum has 2 biggest rivals in the future and are Cardano and Chainlink. As I mentioned
here, Cardano and Chainlink has the strongest aims and unique in their class. But, Ethereum yes it's a good investment and one of my favorite
cryptourrency. The only is that Cardano wan't to build the next third generation of Blockchain technology and Chainlink wan't to created a DEFI solution
and become a distinguished cryptocurrency to become the next Ethereum. So, Cardano and Chainlink are a biggest rivals for Ethereum. So carefully
and watchout, for that reson, you will need to be analytic and read the fundamental analysis on what is about these projects.
The most that I like Ethereum is the future to build the world programming blockchain in their industries. And Ethereum it's one of the adoption
cryptocurrency that inyect live in the other blockchain facet in the past.
Top # 5: NEO
I choose NEO as my top #5. The only that I like for NEO is that this project it's based to build a smart-economy
And also, one of my biggest idea on NEO is to build a DEFI Dapp based in my proyect that I have in my idea to build a digital world based in the
digital economy to trade assets tokenized as deflationary money that get value in the assets as real state, build your own blockchain empire all so
solid. But this idea I want to speak you later, becuase this idea I'm execute and modify all parts. For that reaso, I take my freedom to study each crypto
projects. And i found that NEO is a good piece for my own project and it's perfect based in the smart economy!!! For that reason, NEO is one of my
favorite cryptoproject
Top # 6: ICON
I choose ICON as my top # 6. The reason that I choose this projec is that have future in the a world hyperconnected that we could to trade data,
medical records, achievement, money and more resource that we would need.
The fact that this project is so unique in the aims, so, this project it's one on my own radar to accumulate ICON for long-term. Because in the nearly
future, we could see an ICON so higher in its bull rally. This projectis the sleeping giant that have over potential to build a strong adoption.
I reccomend to get a watch of this nice project and styding in their philosophy and fundamental in what ICON want to resolve
Top # 7: Zcash
I choose Zcash as my top # 7 becuase this project it's the future of the private digital money for our lives and together with Bitcoin, could make an
adoption for thw next generation of the private money and secure!!!
So, the only that I like of Zcash is the kind of team that cryptographers, prestigious universities and institutions it's true in this potential project.
It's the only that Zcash make difference of Monero, Dash, Bitcoin Cash or Litecoin. So, Zcash have a strongest team that they develop to get a quality
life for the next adoption. This proyect at difference of Monero and Dash, both are private digital money. But, I choose Zcash becuase they've the
strong team of developer with insignias of the best uiversities top on the world. This proyect was build on this universities recognized as University of
California at Berkerley, Massachussets Institute of Technology, etc...So, that universities I put in reference of this proyect that could be a good adoption
for the next future generation.
Top # 8: Tezos
And finally, my latest top #8 to end is Tezos. I choose Tezos in this latest top because their proyect is so interesting in what kind and unique
advantage could we to be investor in this project.
The most interesting of this project it's based in the proof of stake and governance open-source that any developer could make modify and build the
next smart contract and Dapps so more decentralized and scalable than other blockchain like Ethereum. Tezos pretend to resolve all problems of hard-
forks when for example: When in 2017 was the birfucation of Bitcoin and that birth Bitcoin Cash. Did you know. So Tezos want to resolve this problem
and make this cryptocurrency unique in their class to give us a solution of open-gobernance more decentralized to build a best infrastructure of Dapps and smart contrats.
So, guys, this is it. I present you my top 8 cryptocurrency to invest on 2021.
1. Bitcoin
2. Cardano
3. Chainlink
4. Ethereum
5. NEO
6.ICON
7. Zcash
8. Tezos
And right now, the way to accumulate this crypto is open up a crypto-broker. For that, the name ofthe crypto-broker is called Phemex. Phemex it's a crypto-broker that you can to trade Bitcoin, Gold and altcoins. Here the link: phemex.com With Phemex, you can to deposit Bitcoin or altcoin to trade accumulate whether Chainlink, Cardano, Ethereum, or whatever cryptourrency that I have i my portoflio or your own portfolio. My strategy is based in found out 15% weekly. And then, I will going to deposit $100 USD in each account except in Bitcoin. Because I use Prime XBT to fund Bitcoin and trade over all financial markets as Forex, commodities and cryptocurrency. Here the link: primexbt.com But in summary, I will going to use Phemex to accumulate these altcoins mentioned from the top # 2 to top # 8. So guys, the cryptocurrency are the biggest opportunity if you want to save your future, it's the time to accumulate crypto and defend and protect agains the next financial crisis that is near. And then, in long term, you will have a good profit on altcoins as in Bitcoin in the same time using a consistent strategy to earn in the financial markets. So, you can to put your own quantity of how much Cardano, Chainlink or Ethereum do you want to have in your wallet? That it's your turn to put your own quantity and accumulate. For example: If you want to accumulate 10,000 ADA, 500 LINK or maybe 8 ETH, it's a great for you. But it's your turn to pay attention in this biggest opportunity and accumulate the best altcoins to have a lot. For example: Are you understand why I put Cardano and Chainlink before of Ethereum as my favorite crytpo to accumulate. The anwer it's simple, bcause Cardano and Chainlink at differente on Ethereum is that they've an unique objectives and goals that they pretent to resolve. And my goal for ADA is reach to accumulate 1,000,000 ADA for my wallet. Why ADA could be to crated the third blockchain generation in the next years? You know this anwer. Another is Chainlink, my goal is to reach 500 LINK throughout of the time. This is a good question. Because these project have the unique technology and it's okay that Cardano and Chainlinkhave the own objective so clearly for the next adoption.
And also guys, my latest two complementary assets it's gold and silver. Why Gold and Silver into my portfolio: Gold and Silver are money in the past, and the history it's simple, it's the real money and the old money. You will need to hear about the Gold history like money. For that reason, I decide to add Gold and Silver as the latest 2 assets to complete my top 10 assets to invest in 2021 to accumulate Silver and Gold later when Bitcoin and altcoins sleeping in the next rally!!!
Guys, if you like this special session, please give me a like, share this session specail with your traders, friend and more. And also, for tomorrow on, I will going not just to trade Bitcoin, Ethereum and Litecoin. I starting to trade altcoins mentioned as Cardano, Chainlink, Neo, Bitcoin Cash, Dash and other altocis i the Phemex platform do you know, to starting in the career to accumulate altcoins.
So guys, I hope that this special session it's like for you.
Good night!!!
ZEC 1D. Critical point is $66This is an addition to the previous Zec idea .
In this idea, we expanded the transition channel and identified global targets.
If in the coming days the ZEC price cannot rise above $66 , then buyers' weakness will be confirmed.
In this case, a fall scenario with a lower target $43.6 will be activated .
If the price fixes above $66, we will expect the ZEC growth continuation in range $80-87 by the beginning of Halving.
__________________
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Nice Profit From ZCash Short So FarIn 8 days since we gave our fresh short signal, ZEC BITFINEX:ZECBTC dropped like a brick and we have 16% profit so far.
Considering its distance from daily EMAs I believe we'll see some consolidation and maybe even a short counter-trend rally.
Unless it closes above 0.0057 sats I'll assume we're still in downtrend.
Let the profits flow!
DISCLAIMER : Please note that my trading approach is trend following . I don't try to make predictions. I don't try to catch the bottom or the top. I don't try to be right. I try to be agile and flexible enough to join the right side before it's too late. Please also note that I'm a swing trader using daily charts .
Entry and exit signals are not universal in trading. They should be determined according to the trading method used. If your trading approach and my trading approach don't match, please do NOT consider them relevant for your own purposes.