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Zec

ZEC Daily Chart Pinnacle Moment After wiping away substantial gains along with the rest of the market. ZEC is ready to decide trend direction on the daily. We recently had a Golden Cross which gave us our first impulse up. Following that move we have had about a 20% pullback from candle body high to low from last high. Stochastic RSI just made bullish cross in oversold conditions. However, Price may need to come down and touch the 50 day moving average first. If we can break above the $75 region I see our next major resistance at $100. I am long term Zcash investor only swing trading 5% of my overall position. I see an opportunity in ZEC similar to the early days of BTC. You may agree but that is my opinion long term. There are only 8 million "shares" in circulation. It has never been through a block halving event meaning the supply has not yet seen a reduction. After the first BTC halving price went from around $10 to $1000. Zcash in my opinion has massive institutional potential. Not Investment Advice.
KRAKEN:ZECUSD
by MitchMilli
2
Zcash Super Strong | Next Target Mapped + Support LevelsHere we have ZECBTC (Zcash), one of the strongest altcoins within the cryptocurrency markets. We can look at multiple signals here starting with EMA300 (grey line). This level is working as resistance and stopped ZECBTC from growing... This is clearly marked on the chart. If EMA300 can be conquered, we will see prices flying up fast. But if instead EMA300 is too strong, we will see ZECBTC retrace and test the lower support (EMA200/EMA50). The ascending triangle in light blue is another bullish signal on this chart. With such strong consolidation, prices are likely to continue straight up. If we look at the long-term chart, this is only the beginning and there is room for much more growth... Charts below: Dec 5, 2019 | Zcash Starts To Go Bullish, Lots Of Potential For Growth Jan 13 | Zcash Enters Bull Phase, Huge Volume, Gaining Momentum Thanks a lot for reading. Namaste.
Long
by MasterAnanda
ZEC WOLF WAVES ... MASSIVE UPSIDE POTENTIALZEC has been in a downtrend since ever. Some corrections but never bullish. ZEC will halve around the end of 2020 and with this halving the founder reward should also come to an end. Both factors could enhance the price action over the next 10 months. If these are wolf waves the potential upside target is massive high. Naturally this target is completely unrealistic, but I think that time for Zcash is coming. Volume breaking the 50MA will give useful inside about the pertinence of this post and the take profit. BIO
Long
by FerdiHodler
1
Zcash The Stash Looking Nice On The 2 HrHorizontal channel broken and now acting as resistance. Intraday timeframes were showing overbought condition with daily in oversold. Some intraday are still in free fall but the 2 hour is stabilizing. Resistance is now acting as support. Need to break $65 to establish higher high. Eyes on the markets and mind on the money. Seriously though think about a lot more than money ;) Dow Jones loses 500 points today watch for any correlations in the crypto market. My gut feeling is that there will ultimately be an inverse relation between stocks and crypto. Maybe not in the short term but highly probable long term.
POLONIEX:ZECUSD
by MitchMilli