Zcash ZEC - Privacy 2023/2024Zcash is decentralized, credibly neutral, and, like Bitcoin, has 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 halving, the rate drops significantly.
Zec
ZEC/BTC Zcash's Zone coming close1) Approaching apex of the triangle, roughly less than 25% to go: Any time from here
2) Holding 0.786 locally in the (bull) flag
While holding the recent low, a push above the resistance could happen pretty fast in a push or two
Hold my beer pls
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No financial advice, do your own research, don't be stupid
Zcash ZEC VS BTC Bitcoin - Altseason Breakout Strategy - PrivacyThe possible use cases are as numerous as with any Defi system. One example might be the ability to purchase an NFT using shielded ZEC, allowing the purchaser privacy by shielding onlookers from prior transactions and ZEC holdings. Another example use case might be the ability to loan ZEC for yield where the originator of the loan remains private.
Does this mean ZEC is actively pursuing to become an IBC-compatible Cosmos Zone?
On a similar note, KEEP Network is soon launching a NuCypher collaborative solution for tBTC v2. Considering Matt’s @mhluongo past activity in here, is there a tZEC solution that’s actively being researched/built at the moment?
ZEC Incredible SetupLets take a look at LOG SCALE
We can see the same rules are being applied in log scale (!)
In the impulse we got wave 3 on 4.236 => wave 5 on 8.236: Perfect hits
In the final wave of the correction we got wave 3 on 2.618 => wave 5 on 4.236
Conclusion:
a) We are ultimately close to the bottom which is already in ($50 mark)
OR (if last low breaks)
b) Visit 0.786 - 0.886 $24-$33
Lookout:
Potential is high ZEC will trade in 4 digits prices in the next run
Hold my beer pls
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No financial advice, do your own research, don't be stupid
Meanwhile ZEC....... coiling up hard holding the double bottom.
Once the local orange downtrend has been surpassed, the bottom of the triangle will be next and thereafter the top of the triangle for the ultimate test to break the downtrend
Break 1.0 fib would be bad -.-
Hold my beer pls
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No financial advice, do your own research, don't be stupid
Zec in important levelsZcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.
Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous; while they do not explicitly reveal the identities of their users, each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics.
Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.
Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase.
Buy setup (Spot and Future; but Spot is main)
**In short-time this crypto can be bearish
Entry : 49.5 - 60.6
SL : 42.7
TP1: 62.4
TP2: 64.5
TP3: 67
TP4: 70
TP5: 73
TP6: 77
TP7: 81
TP8: 86
TP9: 91
TP10: 97
TP11: 105
TP12: 115
TP13: 125
TP14: 140
TP15: 155
TP16: 175
TP17: 200
TP18: 231
Spot or Future (with 1x, 2x, or 3x)
Run it and keep enjoy😍
Follow me! Copy my trades💚
ZEC - starting movesJust a quick update here because there is not much to add really
Seems its doing a leading diag possibly as a 3-3-3-3-3 count and now unfolding the final 5th wave.
Once we r/s flip $70 its gone.
Ideally its gonna break that (for now looking bear) flag to the upside and reclaim that big triangles bottom thereafter.
Tiny retrace for a wave 2 and the big show starts probably end of 22/early 23
Hold my beer pls
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No financial advice, do your own research, don't be stupid
ZECUSDT - Falling Wedge PatternZECUSDT (4h Chart) Technical analysis
ZECUSDT (4h Chart) Currently trading at $61
Buy level: Above $61
Stop loss: Below $56
TP1:$64
TP2: $69
TP3: $75
TP4: $82
Max Leverage 3x
Always keep Stop loss
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Bottom Reversal for Zcash vs Ethereum: Rally back to 1:1A Next-Generation Smart Contract and Decentralized Application Platform
Satoshi Nakamoto's development of Bitcoin in 2009 has often been hailed as a radical development in money and currency, being the first example of a digital asset which simultaneously has no backing or "intrinsic value" and no centralized issuer or controller.
However, another, arguably more important, part of the Bitcoin experiment is the underlying blockchain technology as a tool of distributed consensus, and attention is rapidly starting to shift to this other aspect of Bitcoin.
Commonly cited alternative applications of blockchain technology include using on-blockchain digital assets to represent custom currencies and financial instruments ("colored coins"), the ownership of an underlying physical device ("smart property"), non-fungible assets such as domain names ("Namecoin"), as well as more complex applications involving having digital assets being directly controlled by a piece of code implementing arbitrary rules ("smart contracts") or even blockchain-based "decentralized autonomous organizations" (DAOs).
What Ethereum intends to provide is a blockchain with a built-in fully fledged Turing-complete programming language that can be used to create "contracts" that can be used to encode arbitrary state transition functions, allowing users to create any of the systems described above, as well as many others that we have not yet imagined, simply by writing up the logic in a few lines of code.
ZECUSDT|Coin Review|Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️Locally, the asset is in a downtrend, the plan for a deal is from the breakdown of the countertrend of the double line.
Sample deal plan:
▪️entrance - $72.65
▪️take profit - 79.65
▪️Stop-loss - 69.90
▫️Not financial advice, just sharing my thoughts, only you are responsible for your transactions!
▫️Happy trading and good mood everyone.
Careful what you wish for ZCASHConfirmed to have exited the yellow channel and turning into green for acceleration.
Already triggered 1.886 to continue higher with minimum target 2.618 90$.
This could quickly beam zec up to the upper green boundary around 125$ with a good chance to overshoot to 8.236 level at 170$
To be monitored while sitting back and enjoying the ride
Hold my beer pls
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No financial advice, do your own research, don't be stupid