Zcash formed bullish BAT for upto 59% profit rallyHi dear friends, hope you are well and welcome to the new update on Zcash coin.
On the daily time period chart, the price action of the ZEC with Bitcoin pair has completed bullish BAT and entered the potential reversal zone.
this trade has a profit possibility of 59% and the loss possibility is 7.93%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Zec
OCEAN leading the way. LTC, TRX, ZEC to follow?As you can see on this analysis, we have OCEAN showing the way and no doubt the other 3 will follow suit.
Not much more to say really.
Happy trading legends!
HTBB
🔥Global trending Zcash ZEC/USDSupport the idea with like!❤️
#ZEC/USD
📌Global trending ZEC
🔹Analysis: The price has reached the global trend line, in my opinion this is a good point for a long, please note that the asset is moving in an expanding channel. I do not give exact points for entry-exit. Resistance lines - possible sell / correction, you can fix part of the position. All goals are shown on the chart. This is just my opinion, it may not coincide with yours.
ZEC MONSTER IHS Absolutely beautiful inverse head and shoulder bottom. Measured move lines up with .618 fib on Gemini exchange around $221
I myself think privacy coins could go much much higher eventually when the whole BTC and DEFI craze euphoria cools down. No one is talking about privacy coins i wonder why. Are the whales trying to keep it hush hush while they accumulate?
🔥 ZEC Bullish ChannelZEC has been trading inside this channel since the start of 2021. During the most recent sell-off, ZEC failed to pierce through the lower support of the channel and reversed sharply from said channel.
In case ZEC makes a bearish move in the near future, we're prepared to trade the channel. In case the price keeps on rising this trade will naturally not be executed.
Before entering this trade wait for the price to touch the Entry line.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
ZECUSDT Short TermZEC after breaking its resistance ,is moving slowly through an ascending channel. At this moment, it is on the bottom of channel and on the support so I am expecting the pump and breaking of resistance . In 4h and 1h, it hits LH and in a short time uptrend ,it will be able to find its route and reach its goals.
ZECUSDTHello to you all. Mars Signals team wishes you high profits at all times.
According to this that the price has reached a level after which always the price would experience a rise, we expect it to rise again. If it is able to break its bullish triangle, it is possible for it to see higher prices.
But you also need to keep this in mind that if the price faces another failure in rising, there is more possibility for further falling.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ZECUSDT (ZCASH) - UPTREND CONTINUATION ANALYSIS 🔎
- ZECUSDT hit swing high.
- The market then retraced for a retest of the flip horizontal support (S1) and fibonacci retracement levels.
- A bullish pin bar (hammer) was formed at the retest area.
- Price action is printing a pennant chart pattern.
- A pennant chart pattern is a trend continuation pattern. In this case, a bullish continuation pattern.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Breakout above the pennant's inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant's inclined support.