Get started

Zcashusd

Zcash Analysis: Bullish Breakout on the Daily TimeframeConclusion for today’s Zcash Analysis: Breakout from the long term bearish channel implies higher prices in ZCash (ZEC USD). A log scale is used on the Daily timeframe for today’s Zcash analysis. A bearish channel is used to provide perspective for price action starting from June 25, 2019 to October 24, 2019. The bearish channel lasted for about 4 months prior to price successfully breaking out and closing outside the channel. This implies higher prices in Zcash and conditions less in favor for any bearish Zcash trade. Any long (buy) trades in Zcash can be expected to run into resistance at the 200 Day moving average currently at ~64.04. In addition, 44.52- 53.45 is marked as price levels to watch for immediate resistance due to a change in polarity at the aforementioned price levels i.e. support turning into resistance. Buying on a break above ~42.41 can be considered as part of the strategy for entering long (buy) Zcash trades, while very conservative strategies include buying on a break and/or close above the 200 Day moving average. The upper boundary of the bearish channel can also be anticipated as support if there is any retracement from the current price level. In such a scenario, price consolidating at the boundary can offer opportunity to enter long (buy) positions in Zcash (ZECUSD).Price closing below ~31.63 reduces the chances of the bullish analysis above from transpiring.
BITFINEX:ZECUSDLong
by Coin_Analyst
1
Zcash has shown a strong reversal pattern !Hello, Traders! Monfex is at your service and today we overview ZEC/BTC. Diamond reversal pattern. This pattern also finds support from RSI, the indicator has a certain upward trend, which is a good sign for bulls, but most likely not soon. The support zone ~ 0,004350-4300 Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Long
by Monfex_UK
There is a possibility for the beginning of an uptrend in ZECUSDTechnical analysis: . Zcash/US Dollar is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 14. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (43.30 to 49.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (49.00) Ending of entry zone (43.30) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 56.50 TP2= @ 64.75 TP3= @ 73.80 TP4= @ 91.00 TP5= @ 106.70 TP6= @ 127.65 TP7= @ 157.05 TP8= @ 184.90 TP9= @ 220.60 TP10= @ 328.65 TP11= @ 375.70 TP12= @ 503.10 TP13= Free
BITFINEX:ZECUSDLong
by ForecastCity
3
There is a possibility for the beginning of an uptrend in ZECUSDTechnical analysis: . Zcash/US Dollar is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 14. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (43.30 to 49.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (49.00) Ending of entry zone (43.30) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 56.50 TP2= @ 64.75 TP3= @ 73.80 TP4= @ 91.00 TP5= @ 106.70 TP6= @ 127.65 TP7= @ 157.05 TP8= @ 184.90 TP9= @ 220.60 TP10= @ 328.65 TP11= @ 375.70 TP12= @ 503.10 TP13= Free
BITFINEX:ZECUSDLong
by ForecastCity
8
Why Zcash might be a lead balloonHow I converted from Zcash to BTC. Last few months I devoted my time to investigate Zcash (going beyond technical analysts) and come to the conclusion that I need to sell all my ZEC position and buy BTC. Since I haven't found concentrated/summarized thoughts at one place, I decided to make a tweet so others can find this useful. So let me name few thoughts: • Hardly anyone seems to be using Zcash’s anonymity features (estimated to be like 0,1 %) ...I found only ZecWallet supporting these transactions. (Consider how old is ZEC and no privacy adaption in wallets). If one wants to use it, he needs 5 GB of RAM and 25gb free disk to run the program. Therefore it don't see it as a mobile friendly wallet. • Zcash mining is incredibly centralized. • Zooko publicly admitted that he doesn’t know how Zk-snarks works (see: ‪https://youtu.be/P6RLjcGVUnw‬). • Expiring developers funding in 2020. Since developers in ECC are supposed to be unique, I see no developers when ECC is gone. Moreover let’s face it, ZEC developers salaries are above average (for non US resident) • Knowledge of Zk-snarks is not owned by ECC (Electric Coin Company). Zk-snarks are not so new, as they were discussed and experimented in 80`s, and after a while more and more scientific papers were published decade before Zcash ... so Zk-snarks are “open source knowledge”. • Albeit Zk-snarks protocol is monetary system is relatively new and has yet to undergo the test of time. On the other hand more and more currencies adopt just these/similar privacy features step by step and i don’t see anymore the huge advantage Zcash had 3 years ago. This combined with most of the above reasons and the current development makes me believe that the future won’t be so bright. Zcash should gain trust and popularity in first 2 years. • consider this; what keeps a gigantic army of BTC developers back to integrate Zk-snarks in Bitcoin, not as primary function...the same as ZEC has it, choose it if you want to? • ECC team already help implemented JPMorgan ZEC privacy features... so when ECC developers will be on the street next year (they sure will miss above-average salaries... the last thing they will work for free for ZEC (from my point of view -> ZEC developers paid by ZEC holders to develop Zk-snarks for JPMorgan) kinda irony • Zcash community forum - nothing seriously happening there. I see only few people with superior brains there (sorry as they are neither developers nor ECC officials), yet no serious involvement from ECC and developers • Ethereum team already working on integrating Zk-snarks. • E.Snowden did mentioned that he likes ZEC privacy features only because Zk-snarks encryption. He clearly said that others coins will do the same and that's a great thing. • Ycash “friendly” fork (free money of thin air project) Having ZEC officials even support this fork • REAL trading volume is so small (when doing this notes last week was 2,3 M$) • For the end a story. Two years ago AlphaBay (popular darknet marketplaces) back then has officially announced that Zcash is available as a payment option on its platform. 5 days after that announcement, AlphaBay got seized by law enforcement. Just 5 days after it’s integration of Zcash (coincidence?) • Looking forward for good arguments why I am being wrong.
Short
by slapnikovski
7
Zec massive uptrend, potential over 100% Zec price forecast LONG Hello guys. Welcome to Technical Analysis on $Zcash (ZEC) which is one of the next big thing (not judging by the roomors), but tecnicals and fundamentals. We have one of the biggest falling wedges ever on #ZEC at the moment, but since volatile as usual, #ZEC seems very hard to predict if i may add. Lets rollback at the beginning. Zcash was listed on coinmarketcap on October 29th being worth on release 5000$/ZEC (back than Bitcoin was worth 500$). Officialy, if you check on coinmarketcap, you ll notice that ZEC was officially worth 6BTC/per 1 ZEC. That ratio changed in favor of Bitcoin while continually deflating ZEC more than 2 years time, but biggest run 8 months we've seen on ZEC (from 10th of February last year) (0.055BTC/ZEC) and since then from May 18th (price 0.044BTC/ZEC) in continual fall. Lowest low on ZEC was 0.0125BTC/ZEC two weeks ago. Since than, as per technicals and either TA or FA analysis continually bullish. My personal take is that ZEC can go 300% from this point up to 0.035 (which is more than in headline), but we are trying to be conservative here (despite "shilling" headline). It's a fact judging as per technicals : Weekly oversold, monthly oversold, yearly... :) Stochastic RSI is uprising on weekly /(looking very sharp on daily basis) MACD is flat from June 18th Weekly bullish cross present That would be like 9 months of consolidation on ZEC (pretty much the same as we've seen on XRP), 9 months "cycle" and uptrends right after. When talking about fundamentals, there are roomors that privacy coins will be more and more popular in time. Speaking of that and having on mind Sapling (fork on ZEC), activated on October 28th, corresponded with ETH Constantinopol fork in order to " keep up" since their network is overloaded. However, Zec is a carrier of ZK Snark protocol (Zero Knowledge) it allows anonymity or transparency in the same time/upon users choice (with further network upgrades), but has 100% obfuscation, (as bulletproof fork on XMR, only even better). Speaking of XMR (Monero), JP Morgan refused XMR in favor of ZEC considering it only valuable asset for 100% private transactions. There are roomors also that ZEC will be @SwissBANK 21.century currency, but its too early to talk about it. I would like to clarify one thing for the people who say " BTC is the KING" and other nonsense stories. We have Bitcoin dependable market in which one price of every alts is not fixed, but calculated as fraction of BItcoin (i.e. current price of Zec is 0.0144 BTC multyplied with current price on Bitcoin 3990) gives 57.68 USD output. At the ATH Zec was worth 850$/ZEC while being worth 0.05 BTC (it was during Bitcoin bullrun). Biggest ratio over Bitcoin was 0.17 (which is more than ETH itself). One more important thing to add is that we need to understand where Bitcoin is going in order to understand how altcoins will behave, because i've seen bunch of people posting wishful thinking TA's in order get followers. Bitcoin will hit 4250 (which should correspond with ZEC being worth 75$) i presume. Then we ll have correction on Bitcoin (subbing 4000) and another spike to 4450 which will certainly trigger entire market and most of the coins will manage to " express" until then (expecting ZEC price to surpass 95 USD mark untill then as increasing ratio over Bitcoin). One simple math example : Bitcoin uptrended 10% over USD making 4250$ (as per chart 10%) Zec in the meantime during Bitcoin consolidation and run uptrended for 30% over Bitcoin. That would be 43% nominal USD gain (if you have invested 100$ on btc 4000 ZEC current price), you would have 143$ worth of ZEC since exponential growth and ratio change. If you find this TA and FA usefull, feel free to press like and follow. Constructive comments are welcome, ideas and every type of criticism of course. Don't hesitate to leave your comment in comment section. Good luck and happy trading :)
Long
by milanjelic
10
There is a trading opportunity to buy in ZECUSDMidterm forecast: While the price is above the support 45.75, beginning of uptrend is expected. We make sure when the resistance at 91.30 breaks. If the support at 45.75 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 53. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00016500) Ending of entry zone (0.00013250) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 64.75 TP2= @ 73.80 TP3= @ 91.30 TP4= @ 106.70 TP5= @ 127.65 TP6= @ 157.05 TP7= @ 184.90 TP8= @ 220.60 TP9= @ 260.10 TP10= @ 328.65 TP11= @ 375.70 TP12= @ 503.10 TP13= @ 785.80 TP14= Free
BITFINEX:ZECUSDLong
by ForecastCity
4
There is a trading opportunity to buy in ZECUSDMidterm forecast: While the price is above the support 45.75, beginning of uptrend is expected. We make sure when the resistance at 91.30 breaks. If the support at 45.75 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 41. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (50.70 to 45.75). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (50.70) Ending of entry zone (45.75) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 64.75 TP2= @ 73.80 TP3= @ 91.30 TP4= @ 106.70 TP5= @ 127.65 TP6= @ 157.05 TP7= @ 184.90 TP8= @ 220.60 TP9= @ 260.10 TP10= @ 328.65 TP11= @ 375.70 TP12= @ 503.10 TP13= @ 785.80 TP14= Free
BITFINEX:ZECUSDLong
by ForecastCity
8
log BTCUSD, linear BTCUSD and linear ZECUSD comparedPrivacy coins occupy a function within the cryptocurrency industry that many of the early adopters of cryptocurrencies consider essential. Bitcoin itself is often incorrectly referred to as an anonymous way of transferring value. Security experts call it pseudonymous privacy, like writing books under a codename. You can preserve your privacy as long as your wallet address is not linked to you. In this graph we compare log BTCUSD, linear BTCUSD and linear ZECUSD from 2013-2019 Data points are all explained on graph. 1- Privacy solved with leading technology Originally based on Bitcoin Core's battle-tested codebase, ZCash was able to capitalize on the privacy issues of Bitcoin and forked its codebase so that there are now two types of transactions on its blockchain: shielded (using zk-SNARKS) and unshielded (just like on the original Bitcoin blockchain), making privacy an option for its users. zkSNARKs are the most exciting/interesting way (as Vitalik or Snowden would say) to make blockchains private. 2- Efficient, usable, widely supported Zcash is a fast, reliable and inexpensive way to send money or digitally purchase goods and services. It is also supported by all the top exchanges and wallets. For a detailed list see Figure 1 here: imgur.com 3- Multisignature transactions Zcash supports transactions that require multiple signatures. This means that a transaction may require two or more parties to agree to the transaction before funds are sent. 4- A world-class team ZCash is led by Zooko Wilcox-O'Hearn, a world class computer security specialist. The team has by far the most expertise in zero-knowledge cryptography, it's natural that they are looked to and respected. 5- The Controversial Founders’ Reward 10% of the eventual monetary base goes to the founders so that there is continued incentive and continued resources for the founders to improve the value of the coin. I am backing Edward Snowden in the logic that a reward is important to attract the best minds to work on the Zcash project. Consistent payment of the developers allows them to discover issues and patch them before they can be exploited by opportunistic parties. Whilst this is open to debate, a steady budget should help push things forward with development and education. 6- Exposure: Zcash for Institutional Investors and Family Offices There are a variety of potential market participants, among them hedge funds, venture capital firms, high-net-worth individuals, and pension funds that now have financial options available: Custodians: hold your Zcash for you to help minimize the risk of lost keys or theft Investment vehicles: allow investors to gain exposure to Zcash without having to hold it themselves. Trading firms: offer access to counterparties for the purpose of large over-the-counter (OTC) trades. For a detailed list of some of the big names involved see Figure 2 here: imgur.com 7- Progressing towards becoming audit and regulation friendly In the world of cryptocurrencies and digital assets, which by default are intangible, trust, risk management and reasonable assurance are key. In the crypto market there is a huge problem with market integrity and with consumer protection. Music to the ears of regulators is that payment disclosure and special "viewing keys" can be used to share transaction details with trusted third parties for compliance or audits or to comply with regulatory requirements. 8- Audited meticulously Zcash is going to great lengths to make sure their code is world-class by ensuring world class cyber security audits by third parties. This separates Zcash from 99% of all other cryptos out there. For more information on cyber security audits please see the respective reports at Kudelski Security, NCC Group, QEDi and Coinspect Additional positive quantitative data: Figure 3: Stacked Daily ZCash Exchange Volume_ZCash Market Capitalization: imgur.com Figure 4: Realized Market Capitalization vs Market Capitalization_ ZCash Undervalued imgur.com
BITFINEX:ZECUSDEducation
by warrenhochfeld
ZECUSD - SHORT TERM PROFIT - 20%Buy Price: Green Zone SL: Red Zone Profit: Blue Zones Invest Suggestion: 20 Percent Profit Expectations: 10 - 25 Percent Looking at the chart of ZEC , we could see all indicators pointing to buy it , like MACD lines ( crossed and below the 0 line), the HMA crossed(13 HMA will cross 34 HMA for sure) and the volume! Elliot Wave Oscillator is near from a rise, another good indicator poiting entry buy. Pivot Reversal strategy ( it have 1.5 profit factor in ZEC) is indicating an entry too! See me previous analysis and how profitable the are! Sell when you get some profit, according the way you trade. Keep following us and please like this idea. Any doubts? Send in the comments or in our telegram or Inbox here. Thanks for visiting.
BINANCE:ZECUSDLong
by CGCryptoTrader
ZCASH: Nice green zone ahead .... stand tall!The price of ZCash significantly increased after it got listed on the Gemini exchange which is based in New York. ZCash price jumped up almost 47% since the news out, and it just a start. But that does not mean that there will be no volatility. It has been more or less flat in the last 24 hours. That is why it remains to be seen whether it rises further or whether it stays around the current levels. Best buy zone in long term : 35$ - 39$ - watch out for it!
BITFINEX:ZECUSD
by AleksBogdanov