Miss out on Zcash's last pump? It's not too late. ZEC is a buy today after its fall from grace at $120. Think of this as a second chance to get in cheap! This is a massive buy signal on the daily chart.
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Zecbuy
ZECUSD: Downtrend (11.09.2020)On D1, the cloud is directing downward, indicating a downtrend.
On H4, the price fluctuates around the cloud, which indicates the formation of a correction.
Besides, on H4 and H1, the correction model in the form of a triangle is visually well visible.
We recommend selling on the breakdown of the downward correction model boundaries, or in case of false growth to the level of 68 (when RSI will reached overbought level on H1 and H4).
ZECUSD: Good opportunity for LongAt D1, the cloud is directing upward, indicating an uptrend. The RSI moved down and the price found support on the Ichimoku cloud.
At H4, the cloud is directing downward, indicating a price correction at the D1 timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers.
We recommend buying ZECUSDT near the 50% Fibonacci level and take the profit near the level of 108.
ZECUSD: Analysis using Ichimoku 30/06/2020H4
On D1, the cloud is directing upward, indicating an uptrend.
Conclusion:
Locally, we recommend buying when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing downward, indicating a downtrend.
Conclusion:
Locally, we recommend selling when the RSI reaches an overbought level on the H1.
ZECBTC formed bullish BAT | A good long opportunityZcash is one of my favorite digital asset who gives short term trading opportunities almost daily for the day traders.
Currently being traded below exponential moving averages 10 and 20 with Bitcoin pair on day chart.
On short term 2 hour chart after a successful formation for bullish Shark pattern the ZEC moved up from potential reversal zone and now the price action has formed a bullish BAT pattern and at this time the priceline is floating in potential reversal zone of this BAT pattern.
Let’s dig this pattern deeper to examine how perfect this pattern is formed:
After completing the initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time from this area.
The Indicators:
We can use different indicators to get help enter this trade like the moving average convergence divergence (MACD) is strong bearish and stochastic is in bear cross so we can wait for MACD to turn weak bearish from strong bearish or stochastic to give bull cross then place our buying orders.
The Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: 0.006296 to 0.006273 sats
Sell between: 0.006350 to 0.006431 sats
Stop Loss:
The potential reversal zone of this pattern can be used as stop loss in case of complete price action closes below this level.
This is short term trading idea not a long term idea, I will be keep posting more trading ideas
Zcash/Bitcoin (June 3) #ZEC $ZEC #BTC $BTC#BUY
Current Price : 0.0102
Buyzone : Close to 0.01 as possible
Sellzone : 0.0115-0.0135-0.0150
Stoploss if price is lower than 0.009
Daily Bullish Signal $ZEC #ZEC (09 Feb 2019)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
