✴️ Zcash Breaks Out Of Downtrend (Over 145% Potential)This is a nice chart because the signals are solid/strong.
We have a descending channel that has been broken.
The last candle closed as an inverted hammer.
This week, ZECUSDT moved below EMA10 just to recover back above this level and is now flashing green.
The RSI is strong above 30 on the weekly timeframe, the current reading sits at 41.
Zcash is one of the most famous cryptocurrency projects and a privacy altcoin.
Must have for crypto-enthusiast.
Enjoy the chart.
Wishing you profits, health, wealth and success.
You deserve the best this life has to offer... Now and always!
Namaste.
Zcash
ZEC - Wait For The Bulls! 🏹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
ZEC has been overall bearish trading inside the red wedge pattern and it lately rejected a weekly support zone 35 - 40
The bulls are clearly pushing as price make a higher low.
🏹For the bulls to take over, thus have a shift in momentum from bearish to bullish , we need a break above the last major high in blue.
The blue zone is also a resistance zone and round number 50.0
Meanwhile, until the buy is activated, ZEC would be overall bearish and can still trade lower inside the weekly support. In this case, as price approaches the 35-40 again we will be looking for short-term buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ZECASH short alertzcash is able to break triangle pattern and after that can touch these two targets (check the chart)
Waves Rally Finally Reached The EndThere is a swelling storm
And I'm caught up in the middle of it all
And it takes control
Of the person that I thought I was
The boy I used to know
But there is a light
In the dark, and I feel its warmth
In my hands and my heart
Why can't I hold on?
It comes and goes in waves
It always does, always does
We watch as our young hearts fade
Into the flood, into the flood
this is having its double top/ blowoff on a day when bitcoin is down badly.
this is indicative that speculators are rotating into waves for one last haven of bullish liquidity.
look for a rapid volume slow-down and price to crawl back down to sub $40 in April
ZEC USDT SHORT SWING | ZECUSDT | SHORT @ 45 - 44 | TP @ 43.5, 43, 42.5, 42, 41.5 | SL @ 48.5 | PATTERN = EVENING STAR | COINBASE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
KUCOIN:ZECUSDT BYBIT:ZECUSDT.P COINBASE:ZECUSD BINANCE:ZECUSDT COINEX:ZECUSDT BINANCEUS:ZECUSD
✳️ Zcash About To Print Strong 100%+ Growth!One of the worlds favorite altcoins, Zcash, is about to start growing for several months...
We have a very telling candle showing up 9-November, that is a bullish hammer with really high volume.
Yesterday/Today, we are getting a repeat of this candle within a higher low.
( The bullish hammer is a reversal signal when it comes near/at support )
We also have a descending channel that is failing, with ZECBTC moving above... These are early signals but watch how things change in a matter of days.
Namaste.
ZECUSDT - Falling Wedge PatternZECUSDT (4h Chart) Technical analysis
ZECUSDT (4h Chart) Currently trading at $38.7
Buy level: Above $38.5
Stop loss: Below $36
TP1: $40
TP2: $43
TP3: $48
Max Leverage 3x
Always keep Stop loss
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ZECUSDT 1HThe ZEC has gone after its November 21st bottom. It has formed an LTB (downtrend line) but has already broken out and is heading back towards the median of the Keltner channel at 37.1. The target is at MM100 at 38.6, but first needs to break through the 37.1 channel median, 37.6 upper edge and the subsequent resistance at 38.3. the Prognostic is positive as she reached her bottom and returned.
Privacy ZEC, was built on the original Bitcoin codebase, however whereas BTC and other altcoins expose the user's financial history and current holdings when making transactions, Zcash protects transactions by obfuscating the user's personal information.
Here are the supports and resistances:
S: 36.6 / 36.5
A: 37.1 / 37.6 / 38.3 / 38.6
RLinda ! ZECUSD-> A strong coin in a falling marketZECUSD is showing more confidence in the coin amid yesterday's fall of the crypto market and including the fall of bitcoin. ZCash shows strength from the buyers and breaks the resistance of the main bearish trend
I expect a final consolidation above the previously broken border, or a retest of the support of the uptrend channel with further growth continuation. The coin has the potential to rise to 66.2
I expect growth from the area of 44.00-46.00 towards 52 (first target) and then towards 61.5. Medium term target is liquidity zone 66.2
Regards R. Linda!
Zcash Prepares To Grow vs Bitcoin (26% to 94% Potential)Zcash (ZECBTC) print a low in January 2021 and is now in consolidation mode.
Let's read this chart.
We have higher lows long-term but also lower highs, which is the consolidation pattern.
In October 2021 we had a hammer candlestick on the weekly timeframe which marked the low of the wave.
Now, after more than a year, another hammer shows up, November 2022, which can signal the same.
We have two main targets on this chart and timeframe... Let's have three:
1) 0.003200 (26%)
2) 0.004190 (66%)
3) 0.004890 (94%)
These are just rough estimations but they are good for the short- and mid-term.
Thank you for reading.
Namaste.
ZCASHI would like to talk about ZEC, because in my opinion it is one of the most promising coins for the next few years.
Let's find out why!
ZCash refers to anonymous coins. It works on ZKP protocol.
ZKP protocol works on principle of proof of some fact, provided that information about you does not get to the second person.
Here is an example of how the ZKP protocol works in real life, if the government agencies would work on this protocol. When you give your driving license to a traffic cop, he does not see any information about you, but knows that you are the owner of the license and it is valid. And the most interesting thing is that other traffic cops and members of the public do not see that you are being checked.
ZCash works on roughly the same principle as in this example.
Unlike a number of other coins, this method presents real privacy benefits.
If you use bitcoin, as long as you don't follow the "privacy rules", your transaction chain can be unraveled very quickly.
With ZCash it's just physically impossible to do that, because all data is encrypted by ZKP protocol, and in simple words it gives out "true or false" on certain request, keeping data confidential...
Technically, this coin is almost at the very bottom, of course, it looks weak because of the breakdown of the triangle downwards, but I consider it a plus, because it will be more profitable to buy!)
From the fundamental: ZCash has one of the most progressive development teams, whose creator communicated with Satoshi Nakamoto personally on the forum, and offered the solution to bitcoin privacy problems.
Next year, the ECC will release a fully supported open-source mobile wallet in the iOS and Android app stores.
The second halving of the network will take place in 2024!
ZECUSD Horizontal Support Resistance Level 41.21 Watch for entries at horizontal support resistance level. For example, price level 41.21 is/was a good area to watch for an entry. Target Price is 44.27.
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