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Zcash / TetherUS

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ZECUSDT trade ideas

$ZEC 618 ReturnLooking for an eventual run to the 618 here on ZEC which is also the measured move of the broadening bottom. Each checkmark along the side is likely going to act as short term resistance, the first being a critical support flip. The second, is the top of the range created with the broadening bottom / downsloping accumulation. To expect a continuation from there, youll likely see a partial decline, and a breakout on the second attempt. The 50% retracement zone there is the original extension level i wouldve targeted at 87, but could reach as high as 97, if you factor in the recent spring event. Levels will be easier to dial in after the first real move away from this level following a proper checkback, and would be calculated with a simple 1.618 extension of the first completed wave up.
by TradingNomadic
1
ZCash can pump 600% from hereZcash 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.
Long
by Gul_Ahmad
ZECUSDTIn March 2020, Zcash (ZECUSD) experienced its all-time low. Fast forward to June 2023, Zcash marked another significant point in its history, reaching its lowest level since that all-time low, a noteworthy duration of 898 days. This recent low might signify the end of the consolidation phase, setting the stage for an upward movement to at least the mid-range. A key bullish indicator is the break in the RSI downtrend, which has been ongoing for nearly three years. This development suggests a positive shift in market sentiment. Considering these factors, the ideal buying zone for Zcash is projected to be between $24 and $28. This range represents a strategic entry point based on current market trends and the recent break in the RSI downtrend." Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision. Thank you.
by CryptoUltron
2
ZEC/USDT Had a Good Run |👀🚀 What's Next for ZEC?💎 Paradisers, focus your attention on ZECUSDT, which is showing a significant setup in the demand zone, enhanced by a recent Market Structure Shift (MSS). This arrangement indicates a high probability of a bullish trend. 💎 When we look at ZEC's pattern, Zcash has a history of breaking above its descending trendline, a sign of potential upward movements. Presently, it's facing a critical Bearish Order Block (OB) challenge, with consistent momentum above the EMA100, aiming towards supply levels at $42. 💎 However, given the dynamic nature of the crypto market, ZEC traders need to be prepared for various scenarios. Should the anticipated bullish surge not materialize, shifting to a rebound strategy from the support level at $28 will be crucial. 💎 A decline below this support level would call for a change in strategy, emphasizing the need to reevaluate the bullish stance and adapt trading approaches to new market conditions. 💎 Stay alert and tactically skilled, Paradisers. Your ParadiseTeam is committed to providing you with insightful analysis and guidance, ensuring you navigate these market conditions with expertise and make well-informed trading decisions.
Long
by MyCryptoParadise_Simon
1