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Zec

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
ZEC Head & Shoulder Pattern ZEC has given investors an exciting start of 2020 with over 100% returns! I believe this coin has a very bright future mid to long term and beyond. Keep in mind ZEC originally hit the market at $2.3 million. It is one of the coins to completely retrace in price and had a beautiful double bottom last December. However, Im seeing a head and shoulder pattern play out on multiple timeframes at the moment. After explosive price action could ZEC be due for some downside price momentum in the coming days? We are still forming higher lows but at the least I'm expecting a move back to the neckline at which point I will be waiting to see how price reacts. A break below the neckline (around $49) would be bearish for the short term. The measured move from the neckline to the top of the head is about 30%. A 30% drop from neckline area would take us to the low $30 range which is near our long term descending resistance line to possibly be tested now as support. (price rejected off of it last year around halloween and again in mid December). Im extremely bullish on crypto but I have been around long enough to realize the market moves regardless of my opinion. Any insight would be greatly appreciated as I am still a student and am always eager to learn and collab with like minded individuals. Thanks for taking the time to read my post! Wish you all the absolute best.
KRAKEN:ZECUSD
by MitchMilli