Zec
BTC to 45KLooks like BTC is going to 45K if $38493 is not taken out. If $38493 is taken out then we are going to 31K.
Why I think it will go higher and not lower. This is just my opinion and not financial advice. I hope this helps you make an educated decision.
1. It's highly unlikely we are going down considering ALT coins are all in a good setup to go higher. I will post some of the ALT coins that are ready for take off.. not to the moon but at-least like 30%-40%.
2. It should go to 45K because BTC is doing an ABC. We have completed AB and should go up for C. I have covered it in the chart.
3. Down Jones (DJI) was expected to come down to retest 33.5K and it has done it. There is not much left to go down on the Dow.
4. Finally - Narrative is so negative out there BTC will do the opposite. :)
IF $38493 is taken out then we are going much lower.. not like $35000 that you see on Twitter. We are definitely going to 31K breaking the parallel channel which BTC is in for the last few months. We should then ascend higher and not go down to 20K or 24K. BTC will not go to these level without completely its full retrace.
Zcash Cope and Hope lines for the futureWhy Is Crypto Down? Inflation Worries. ZCash (ZEC) Synthetix (SNX) Price Prediction | Market Update. Do we know Why Is Crypto Down? Is there any place for Worries about Inflation? We use graphs and data to find out in our Market Update. Also we give ZCash (ZEC) and Synthetix (SNX) Price Prediction
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$ZEC Zcash to fall 50+% from these levelsIf you look at the price action on the Zcash chart, price just tested and rejected the resistance at $163, which now sets up the possibility to fall to $56-70 as the next supports. If price can't hold there, then it can fall more. Just from looking at the chart, my interpretation leans towards price finding the $26 support before bouncing.
I think that's likely to play out over the coming weeks. I put pivots on the day for key dates to watch for changes in price action.
Let's see what happens.
💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (152.5).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 172.5
TP2= @ 183.9
TP3= @ 199.5
TP4= @ 211.7
TP5= @ 230.1
SL= Break below S2
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💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (152.5).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.
Take Profits:
TP1= @ 172.5
TP2= @ 183.9
TP3= @ 199.5
TP4= @ 211.7
TP5= @ 230.1
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZEC is at a level to watch out for.ZEC is at a a level around FIB23.8 zone which is also the support of the ascending channel. This is acting as an important support zone.
We hope the Bull will be able to ride this asset up from here. However, the fall may continue if this support zone is broken.
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