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ZECUSD

ZEC/BTC TA Update (awaiting bullish pattern?)ZEC/BTC ZEC is on a downward action after making multiply series of lower highs and lower lows. But on the bullish side, the price action is still descending channel which by the technical side has a high probability to break in the upside once reached the endpoint. If the ZEC will keep falling and unable to break this channel, I'm eyeing a drop to 4200-4000 sat levels before we might see a potential reversal. As of now, the game is to wait and be patient until the opportunity presents its self.
Short
by PolarHusk
ZECUSD forming bullish Cypher | Upto 85% expectedHi friends hope you are well, here I have found another profit potential trading idea for you and this time I have found a harmonic move by Zcash (ZEC). The Priceline of ZEC is forming bullish Cypher pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. Lets have a look on the Zcash priceline's move: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.272 to 1.414 of A to X leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.618 to 0.786 Fibonacci projection of X to D leg for a perfect bullish Cypher and then the price action will be entered in potential reversal zone of this bullish Cypher pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg. www.tradingview.com Buying And Sell Targets: The buying and sell targets according to harmonic Cypher pattern should be: Buy between: $44.84 to $36.37 Sell between: $51.51 to $67.50 So this is upto 85% profit opportunity Stop Loss: The potential reversal zone area which is up to $36.37can be used as stop loss in case of complete candle stick closes below this level.
BITFINEX:ZECUSDLong
by moon333
2
ZEC/BTC analyses Hello Traders, In the long term chart, we can see that the price just broke the long term Resistance line, and starts to acumulate above the Resistance witch a good sign for the bulls. On the daily chart we can see that this acumulation is Bullish Retangule, and the price just touche the support of the and the bulls shows up, and we have a buying pressure on this area, and we are forming a Hammer Candlestick pattern, witch is sign for trend reversal On intraday timeframes we have this short term Resistance above 0.0060 sats If the price breaks this resistance we have a lot of possibility to test the top of the retangule Please, push like button and follow us to receive more recommendations like that.
Long
by MarketMinds
ZECUSD IHS Long TargetsBuy - ZECUSD Pattern: Inverse Head and Shoulders Neckline: 66 Entry: 66 Target: 77 Stop: 62 RR: 3.36 ZECUSD pair completed its correction phase after retracing back to the %38 fib level. Based on the recent historical data, upward waves on ZEC continues until 1.414 fib extension. The price has formed an Inverse Head and Shoulders pattern on the 4h chart. A wise play would be entering at the neckline. I got my entry at 66.14 it was a little bit early entry with some drawdown but until now it worths the risk. We should watch closely the price action at $70 to see how the price will react to the psychological/historical resistance. Considering the strength of the current bull market, I'm expecting a mid-term target of $97 and long-term target of $123. I will hold on to this position based on future price action.
BITFINEX:ZECUSDLong
by KSPINVEST
2
Watch Zcash tomorrow ZECUSDT +7% today. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
1