Zcash / TetherSymmetrical Triangle.
Currently at the bottom of trend.
Look at RSI for patterns.
Will update later.
Zcashusd
ZCash breaking support and reaching 400 in 3-4 days from nowZcash should continute this uptrend up to resistance level and break it (most people say you would need a psychic that (will it break or no and for exact numbers and exact values in a given time period.). I disasgree !!! Strongly disagree.
Zcash should break support level in a two days time (according to my calculations) and make a strong uptrend to 400.
When that happends, values should be near that, lets say 380-390$ in a time period given above and i personally dont recommend waiting for prices to grow more and suggesting cashing out your positions, but let's be clear about one thing, it your money and your decision. Dont be too greedy.
Good luck.
Zec How to TradePrice bounced from the level $456 and start downward movement. Now we have a situation which can't give clear direction for possible trades. I think the best way is to wait for the moment, when price breaks the trend line and open long trades or breaks the support level and open short trades.
ZCASH 4 HOUR TIMEFRAME DESCENDING TRIANGLE LOOKING TO BREAKOUTZCASH 4 HOUR Los Angeles 11:56PM.
Disclaimer: % are all estimates. Though you can see bullish divergence in RSI it looks like a clean breakout to the top is highly probable unless something unpredictable happens like BTC dropping significantly.
zCash facing steep bearish pressure, expect increased volatilityZECUSD (zCash) is looking bearish since it lost support on a steep medium term bullish line (dotted white line on chart above) on October 2nd, and has made lower lows passig the October 5th low today, and appears to be following down a steep bearish resistance line (colored in magenta on chart above) and poised to drop further where support may be sought near $210 on a less bullish trend line where a strong bounce could follow. Considering that the pair is in between a crossroads of these opposing steep trends - large swings in either direction should follow while the immidiate term trend looks bearish with prices now near today's session lows of $224. The short-term bullish trend could abruptly resume if a strong bounce occurs near $210.
BITFINEX:ZECUSD
Zcash/BTC. Time to wake up?Price near S-support + Demand zone + 0.886 F lvl.
Keep your eyes on this chart, waiting for reversal formations,
increase the volume etc.
ZECUSD 8h: Zcash much potential Target 250 > 300 > 410 > 620 USDI already wrote it in my last post about ETH ... Some people believe that Bitcoin will make another strong correction, I don't expect that. On september 14th bitcoin core 0.15.0 has been released and started successfully. That is also the reason next to the china trouble why the strong movements have been at bitcoin in the last week, so my opinion.
Currently, it seems that the new core 0.15.0 is well accepted. Thus the Bitcoin will continue to rise and see not such a strong correction down to 2.500/2.000 USD. Some expect a strong correction of bitcoin. They assume that bitcoin is ready-made and it can be traded normally, like classic currencies. But I don't think that's the way it is. Bitcoin is still in the beta phase. Basically technical chart anaylse works with cryptos, but with technical innovations (core 0.15.0 is not a rumor, just a fact) the trading strategy has to be adapted. that's only my opinion.
For ZEC, this means that the path is free to go up. Targets 250 > 300 > 410 and last to fibo area 1.62 at 620 USD. And let's see what's new about the partnership Zcash/Jp Morgan.
Let's see what happens. Happy trading. :-)
See also:
Chart Sep 2
$ZEC, the sleeping giant is going have a breakout soon.$ZEC was accumulating for so long. Confirm breakout with oscillators before you get in. Its still good price for a short and long term plans.
ZECUSD 8h: Zcash undervalued! Target 410 > 620 USD and moreCurrently, it might be interesting to buy Zcash. Firstly, Zash comes with a new technique to exchange Zcash directly with Bitcoin. Secondly, it is technically undervalued. Strong support at 250/240. the 300 have already been positively tested twice. First target ATH 410 USD and then further to Fibo 1.62 at 620 USD.
Let's see what happens. Happy trading. : -)
