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ZECUSD a massive bullish setupHey friends, hope you are well, and welcome to the new update on Zcash. Previously I have posted the article when the price action of Zcash formed a big bullish Gartley and so far it has produced more than 122% rally: The long-term up-channel: Now on the weekly chart, the price line of ZEC is moving in an up-channel and reached at the resistance, in the meanwhile, it has broken out the 25, 50, and 100 simple moving averages on the weekly chart as well. A big bullish Shark move: Now the price action of ZEC has formed a bigger than the previous Gartley pattern on the monthly chart. the price action cannot enter in the negative zone therefore it is not possible that the price action may move more down up to 1.13 Fibonacci retracement level. The priceline of ZEC has found firm support at $20, therefore it can be considered as a maximum extent of potential reversal zone area. Big bullish Butterfly: Zcash with Bitcoin pair on 2-week chart has formed a very big bullish Butterfly pattern and entered in the potential reversal zone. This potential reversal zone is very vast and in the Bitcoin market, the ZEC has no significant long-term support as well, however, it is likely to find a trend line support on the weekly chart. Therefore we should be looking for two major signals to buy the ZEC within the potential reversal zone of this butterfly pattern. First, we can wait for the exponential moving average 10 should cross up the EMA 21 on this weekly chart. Secondly, we can use look at the Ichimoku cloud on weekly chart and wait for the conversion line to cross up the baseline. After these two major signals, we can place our buying orders in Zcash with the Bitcoin market. Conclusion: The price action has formed the biggest harmonic pattern in its history. Therefore there are strong chances that in long-term it will achieve the highest price in its history as well. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
Long
by moon333
ZECASH is undervalueZcash is one of the cryptocurrency that I hold in the highest estimation. Before following, the purpose of this analysis is to demonstrate with the Technical Analysis some of the possibilities bringing a complementary study on this asset. Being useful for you and also if you have liked to tighten the LIKE, comment and share. Next, ZECASH is in a very large asymmetry, not making clear a pattern. But we see here in the daily graphic, when the price returns to work above the U$50 it reacts by making bullish movements, but it still can't get out of resistance. So here we are presume that it is at the beginning of a potential wave 3 projected to go up to over 200 dollars. As I said the price is quite asymmetrical, so it is a bit more difficult to control the risk. On the other hand I see the price going inside a rising channel . A very strong movement should happen in case it breaks the returning line of this channel. Anyway, for those who believe in an Altseason, ZEC is a good bet and can give returns of more than 1000%.
Long
by livemzavhenrique
1
Zcash formed bit Shark for upto 2250% bullish rallyHi friends hope you are well, and welcome to the new update on Zcash. On long-term monthly time period chart, the price action of the ZEC has completed the final leg of the bullish Shark pattern and entered in potential reversal zone.The price action cannot enter in the negative zone therefore it is not possible that the price action may move more down upto 1.13 Fibonaicc retracemtn level. The priceline of ZEC has found a firm support at $20, therefore it can be considered as a maximum extent of potential reversal zone area. Possible profit and loss ratio: This trade has a huge profit possibility of 2250%, and the loss possibility is 74%. 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. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
BITFINEX:ZECUSDLong
by moon333
3
Zcash: Is volume telling us a story?On OBV: "Granville theorized that volume precedes price. OBV rises when volume on up days outpaces volume on down days. OBV falls when volume on down days is stronger. A rising OBV reflects positive volume pressure that can lead to higher prices. Conversely, falling OBV reflects negative volume pressure that can foreshadow lower prices. Granville noted in his research that OBV would often move before price. Expect prices to move higher if OBV is rising while prices are either flat or moving down. Expect prices to move lower if OBV is falling while prices are either flat or moving up." On cumulative Delta Volume : " In order to understand what this indicator does, first understand what a “delta” is. Simply put, a delta is the difference between buy and sell volumes within a period/candle. The delta can be positive (buy volume is greater than sell volume), negative (buy volume is less than sell volume), or zero (buy volume is equal to sell volume).The Cumulative Volume Delta (CVD) indicator is based on these deltas. It starts from a user specified origin bar and successively cumulate the deltas. If the CVD line is negative sloping that means more sellers are in action as the demand of the asset wanes. This is usually a sell signal and a trader should search for selling signals. Conversely, if the CVD line is positive sloping, it means that there is more demand for the asset." Concerning Volume at Price (or market profile): "If the concentration of volume is at the bottom, then this is more likely to be buying volume rather than selling volume. Conversely, if the concentration of volume took place at the top of the bar rather than the bottom, then this is more likely to be selling volume. Volume at price reveals the the concentration of buying and selling at various price levels, which in turn gives us an alternative perspective, not only in terms of momentum, but also in terms of support and resistance. What can we deduce from this analysis? First we can see immediately which of these areas are likely to be significant in the future in terms of resistance and support. "The preparation of an important move in the market takes considerable time. A large operator or investor acting singly cannot often, in a single day's session, buy 25,000 to 100,000 shares of stock without pushing the price up too much. Instead, he takes days, weeks or month in which to accumulate his line" - Richard Wyckoff The current Zcash narrative is "the coin that never pumps". But with a very large POC/Value area at historically low price levels, OBV / CVD / volume on the rise-- I believe some large players have been accumulating very slowly and will soon start the mark up phase. Can it test lows again? Sure. If you want to be safe, wait for the breakout above massive VAP platform it's made ($112 would be considered a breakout). I think this coin has a potential to 5x at a minimum. 1 zec=7 btc
KRAKEN:ZECUSDLong
by westiron54
4
ZECUSDT - Symmetrical triangle Analysis 🔎: ZENUSDT is consolidating in a symmetrical triangle pattern. Breakout is imminent. Bullish ⬆️: breakout above the symmetrical triangle's inclined resistance. Bearish ⬇️: breakdown below the symmetrical triangle's inclined support. Possible breakout price actions are indicated by the arrows on the chart. Targets 🎯: Bullish ⬆️ - horizontal resistance levels (R1, R2). Bearish ⬇️ - horizontal support levels (S1, S2), fibonacci extension levels.
by Chibuike_Odoh
Z cash, possible downtrend incoming.I have noticed a correlation between the movement of price and the ichimoku cloud with Zcash imparticular, the hourly shows a clear downtrend in the near future. I notify you of bullish moves in the market so I think its only fairthat I notify you of bear markets, I don't think this is a permanent bear trend, but it may be a critical stop point you may want to consider if you are not wanting to sit through a dip Buy low, sell high is the game friends.
by EchoPhoenix
ZEC testing important levels and indicators on it's way to $150As you can see on this weekly log chart you can see ZEC has broken above the Ichimoku Cloud with some strong volume. On the Fibonacci retracement indicator you can see ZEC is now testing the 1.618 level @ $111.75 The red horizontal lines are major support or resistance for ZEC. On the LMACD you can see it is above 0 and has a nice bullish divergence to it since around March 2019. You can see ZEC has now moved above all EMA's and MA's and should form the 'ribbon' type look I have spoken about in other analysis on BTC. The small light blue line at around $134.00 is the MA 200 and ZEC would need to firstly conquer the 1.618 fib level we are testing currently then break above the MA 200 and the major resistance level at $150 if ZEC is to go parabolic. I think the $150 will be the target for now and re assess if ZEC gets above this. On the RSI you can see the major resistance level shown by the red horizontal line. Each time ZEC has hit this line it has dumped considerably. This could line up perfectly with the rise to $150. On this monthly chart below you can see ZEC is now testing the EMA 34 (in pink) and the EMA 10 (in blue) is about to cross over the MA 21 (in orange). ZEC needs to close above the current fib level to make it's move to $150. If ZEC gets rejected here I expect it to re test the $100 area. On the daily chart ZEC has already closed once above this 1.618 fib level and I require it to close twice to usually confirm the move. Happy trading legends! HTBB Donations via TradingView coins will enable me to post more of my analysis with more information. Thanks in advance if you are a legend who donates. Lookout for the launch of my website, coming soon.
BITFINEX:ZECUSDLong
by Pro_Trader_HTBB
ZEC 12h "Feast at a time of plague" Growth and delistingThe previous ZECUSDT idea clearly worked out towards the target of $50. However, the clouds over the coin never cease to gather, because on 1 January 2021, Bittrex claimed that it will remove the anonymous coins Monero (XMR), ZCash and Dash on Friday, 15 January at 23:00 UTC. Then the value of all coins sharply fell, but ZECUSD did not update the low , it was the first bell that there might be growth. The same thing happened the other day in the DASHUSDT pair. The day before the growth start, we warned with the idea that you can quickly earn +60%, whoever wanted and believed - became richer in a matter of days) It looks like ZECUSD is being artificially pushed upwards to sell it expensively before delisting. The upper target of this growth is $125, it is better to say goodbye to the ZEC before this level and look around. Will delisting of anonymous coins be Bittrex's sole campaign or other exchanges will support the negative. A break above $125 will quickly push the price up to $150, but a correction to the range of $80 is more likely. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
5
💡 Don't miss the great buy opportunity in ZCash/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.001673). 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 50. Take Profits: TP1= @ 0.00265750 TP2= @ 0.00336700 TP3= @ 0.00436500 TP4= @ 0.00532570 TP5= @ 0.00663300 TP6= @ 0.00835200 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
19