Zcash Three Drives Pattern (144% or More Mid-Term)Looking at Zcash vs Bitcoin (ZECBTC), we have no bullish signals, none.
Only when you go to the 3LB charts you can find some bullish signals, even on the weekly timeframe.
The RENKO charts also bearish, not one bullish signal on 4H, 1D and Weekly.
Now, we still believe that ZECBTC will move up.
The low was hit December 2020, more than 550 days ago.
This is a very long accumulation phase...
After the accumulation phase comes the breakout.
Additional details on the chart.
Namaste.
Zcash
Zcash ZEC Crisis Continues. Liquidity x Price StalledHalo is coming soon, but nobody cares, nobody knows, nobody has money to invest for Zcash
Among the features included in the next Zcash network upgrade is Unified Addresses. The unified address (UA) is a future-proof Zcash address format that improves usability, increases the ease of interoperability, and supports shielding Zcash by default.
In this post, we will explain the benefits of unified addresses, how they work and how they fit within the broader Zcash ecosystem.
Background
Zcash is always improving — implementing cutting-edge cryptography with secure, professional-grade code. As Zcash evolves, new value pools are introduced that offer better features and benefits. This was the case when Zcash upgraded from Sprout to Sapling, and it will be the case when Zcash upgrades from Sapling to Orchard.
Multiple address types can negatively impact the user experience. They are not unique to Zcash; in fact, many protocols face this challenge, including Bitcoin. This is because certain protocol improvements (such as SegWit in Bitcoin) require a new address format.
UAs make Zcash easier to use by removing the complexity of multiple address types. This simplifies the user experience — no more juggling addresses — and increases interoperability between shielded-only applications and transparent-only applications. If a wallet supports auto-shielding (a new feature included in Halo Arc), their users can be confident that their funds will be shielded by default and stored in the latest shielded pool.
UAs will also make network upgrades easier because Zcash can iterate quickly without introducing new address types — solving a huge problem faced by many protocols today.
The single-address standard will also advance use cases related to Layer 2, DeFi and interoperability, because it will be easier to build applications and tools for Zcash.
What are UAs?
Unified addresses are generated from a set of multiple Zcash address types (i.e., transparent, Sapling and Orchard). Think of unified addresses like a universal travel adapter that lets you plug into different sockets. They make it easy for wallets to migrate funds to the latest shielded pool while gradually deprecating older technology. With unified addresses, wallets will default to moving coins to the latest shielded pool supported by the wallet. These features, auto-migration and auto-shielding, are part of ECC’s Halo Arc product suite.
With the upcoming Orchard upgrade, there will not be a stand-alone Orchard address. Instead, users will access the Orchard shielded pool through a unified address.
ZCASH Is Stuck between a Bearish & Bullish Trend!ZCASH is in a Symmetrical Triangle which means the Price has the chance to be Both Bullish and Bearish. No break out Has Happened yet So We Can not Determine the Trend Yet But It should Happen Soon. price in Bullish Scenario will be Reach around 140$ and in the Bearish Scenario It will reach 70$.
-ZCASH Is in a Symmetrical Triangle
-No break out
-Bullish Scenario:140$
-Bearish Scenario:70$
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
Red-Line Zcash Pump June 1st or permanent Rekt Asset What are the economics of Zcash?
Zcash's monetary base is the same as Bitcoin's — a fixed supply of 21 million Zcash currency units (ZEC). Every 75 seconds, a new block is mined to the Zcash blockchain and a block reward of 3.125 ZEC comes into circulation. The amount of the block reward cuts in half about every four years until all 21 million ZEC are in circulation. Zcash inflation almost precisely mimics that of Bitcoin. It’s important to note that as new coins are created inflation goes down, and at each halvening the rate drops significantly. As of the Canopy activation, 20% of the Zcash block reward is distributed to a Community Development Fund. For more information about distribution, see the Funding, Incentives, and Governance blog post.
How can we determine the amount of ZEC in circulation within transparent and shielded pools? How does Zcash prevent counterfeiting?
Zcash miners validate every on-chain transaction. Transactions that involve a shielded address (either sending or receiving) come with a zero-knowledge proof. The zero-knowledge proof ensures that the transaction doesn't violate the "conservation-of-money" rule (i.e. a proof that the money coming out of the transaction is less than or equal to the money going into the transaction). ECC uses Turnstiles as a method of auditing the monetary base in Zcash’s shielded pools.
Is Zcash protected against quantum computers?
Zcash is better-protected against future (hypothetical) quantum computers than almost any alternative, primarily due to the fact that Zcash addresses ("public keys") do not get posted on the blockchain. Scientists at the Electric Coin Co., and in academia, are actively researching postquantum-secure alternatives to any affected cryptographic components. Members of the community plan to monitor developments in postquantum-secure components, and if/when they are mature and practical, update the Zcash protocol to use them.
What is a zero-knowledge proof? How does Zcash integrate it?
Zero knowledge proofs are a scientific breakthrough in the field of cryptography: they allow you to prove that a statement is true without revealing the statement itself. Think about this example: if you want to prove you are old enough to drink alcohol, you generally have to show your ID card which reveals a lot of information about you beyond just your age. Your ID card can reveal your address, your face, your height - all of that has nothing to do with your age. A zero-knowledge proof could let you prove that you are old enough to enjoy a cold beer and only that. Zcash uses a particular type of zero-knowledge proof called zk-SNARKs (or "zero-knowledge succinct non-interactive arguments of knowledge"). These zk-SNARKs are used in any transactions that involve shielded addresses. Dive deeper into zk-SNARKs and how they work in Zcash on the explainer page.
What mining algorithm does Zcash use?
Zcash currently uses Equihash as the proof-of-work for block mining in Zcash. Equihash is a proof-of-work algorithm devised by Alex Biryukov and Dmitry Khovratovich. It is based on a computer science and cryptography concept called the Generalized Birthday Problem. As of May 2018, Zcash's Equihash parameters have been implemented in custom hardware ("ASIC") miners. ECC is closely monitoring the effectiveness of alternative consensus algorithms such as PoS and will continue to evaluate as part of our long-term roadmap to increase scalability and sustainability.
What are the general characteristics of a Zcash block?
Average block time: 1.25 minutes (75 seconds)
Maximum block size: 2MB
Block Reward: currently 6.25, 3.125 after November 18, 2020
Each 4 year period, the ZEC creation amount will halve (from 12.5 to 6.25 to 3.125 to 1.5625 and so on).
Zcash (ZEC) formed bullish BAT for upto 134% big moveHi dear friends, and welcome to the new update on Zcash (ZEC).
Previously on a long-term monthly view, ZEC formed bullish Shark , and we had a nice trade.
This time on a weekly time frame, ZEC has formed huge bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$ZEC - Retracing to Bullish OB Then Attack Liquidity Above *SMT**SMT* = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. I'm Sorry, but you won't convince me that Bitcoin knows it has created a triangle and that it knows how to react from that? It does and will remember price levels, that's it. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward attacking where there is Liquidity (Equal Highs, Equal Lows, phantom Trendlines etc.) and Balance (Fair Value Gaps, Liquidity Voids.) That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
TLDR;
Entry: 92.3-92.5
Stop Loss: (88.5-89.2 Depending on Broker and how much your willing to give up below the Bullish Order Block)
Take Profit 1: 96.3-96.4 20-25% of profit removed here (Move SL to 90)
Take Profit 2: 97.4-97.6 (Bulk of the trade off here up to 85%-98% of the trade, move stop into break even)
Take Profit 3: 99.5-99.6 (127% Extension meets the Fair Value Gap Above the equal highs/Liquidity Line
On the Hourly it appears that after price had broker the structure of the lower dealing range, it retraced back down to the breaker of that range and continued up until it hit equal highs with the price before th major drop off. These equal high are creating artificial Liquidity meaning that most traders who see the equal highs automatically think "Resistance" It may be met with some resistance but smart money or Institutional traders know that there are retail traders that have their shorts sitting there with, most likely, a short stop loss.... Or a buy stop with a short stop loss. I see this everytime, The price will come trigger the buy stop people and to take out the SL of the people Shorting with a limit, then it falls more to take the buy stop traders SL out, then continue up to find an imbalance or liquidity. And there's an imbalance at exactly the 127% extension.If there's a slight chance that doesn't happen I do have multiple take profits set up, but more than likely this will be the scenario. I've seen play out so many times that I know there's players in the room with large amounts of money able to manipulate the charts right when they want to. If this doesn't Happen, I'LL be Surprised.
Good luck and happy trading :)
ZECSince March 2020, the coin has gone from $17 to $370, which is more than 21 times.
The coin now looks bad, to put it mildly. The other day a triangle was formed, which if it breaks down, it will not be good for anyone. And it will break through, because the market is bearish.
The main supports:
The 90$ is already being tested and broken through, so there is strong weakness there.
The 50-70 zone is holding.
The fall was bought off at the upper line of this zone.
If it doesn't hold, too, we can go to the strong support line of $25.
Maybe OI goes higher and then Zcash ZEC price goes higher also"Privacy is the right to a free mind," Snowden said. "Without privacy, you can't have anything for yourself. Saying you don't care about privacy because you have nothing to hide is like saying you don't care about free speech because you have nothing to say."
ZCash: Cryptos continue nosedive!Zcash
Intraday - We look to Sell at 108.90 (stop at 114.47)
Our outlook is bearish. Broken out of the triangle formation to the downside. Neckline resistance 109.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 109.00, resulting in improved risk/reward.
Our profit targets will be 94.10 and 92.00
Resistance: 107.00 / 109.00 / 111.00
Support: 104.00 / 102.00 / 100.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Privacy vs. Transparency ARK CTRU vs Zcash“Surveillance capitalism unilaterally claims human experience as free raw material for translation into behavioral data.”
In an era where Cathie Wood launched a fund about business and financial surveillance
the counter narrative will be in support of freedom and privacy.
Zcash vs. ARK which will win?