ZECUSD
ZEC/USD Long Position, Positive Sign for Upwards MovementAfter breakout ZEC/USD is holding strong.
Analyse
Resistance became new support.
RSI respecting trendline and MACD shifting in upwards movement.
Expect Upwards Movement in upcoming 2-4 weeks.
Expectation:
Atleast hitting resistance of 320 dollar before 30 April.
Maybe hit 190 dollars and bounce a bit back and push trough resistance to 230 dollars, then bounce back from 230 and go to 320 dollars. Maybe it will go at once, depends on the power of the bulls.
It would be healthier if it hit resistance, came back to lower end of the channel for catching breath to steam upwards. Otherwise it will be too much of pumping, and what goes up fast. comes down with the same speed.
Position to hold = LONG.
*Not financial advise, tip for more charts*
(multi time frame analysis) ZEC/USDT bullish movement explained!Hi every one
ZCASH / TETHERUS
In this multi time frame analysis we want to analyze ZEC/USDT to understand the situation!
first chart is in daily time frame and also we an ascending triangle in an ascending channel with a hidden bullish divergence(+HD) both on MACD and RSI indicators!
second chart is in the 6 hours time frame with a symmetrical triangle which the break out has already happened! so the price is ready increase as much as the measured price movement!(AB=CD)
the third chart is in 4hours time frame with a reversed head and shoulder and this pattern's neckline has already been broken so the price can increase!
and lastly we have the 1 hour timeframe which we can see that the The 20,50,100 and 200 EMAs are separated and are in order from small to big! this means the trend can still continue!
with all these signals we can come to a conclusion that the bulls are much stronger than the bears and the bullish trend is far from over!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
ZEC - Ready For Higher High? Hi, in the next couple of days we are getting ready for bullish momentum. We saw the support level $105-107 held very well + the support RSI(45) + SMA50. Now we are getting ready for resistance $149-152. If we break $150, the next target is $230. So be patient and don’t panic 🙌🏼
ZEC/BTC opportunity of a lifetimeHave shared this mostly among close friends. But after reading path and zoomerjd's posts, i felt inspired to share my own thoughts with tv. While my writeup lacks the fractal geometrical genius and metaphorical poeticness present in theirs, the general overarching idea is the same.
Fairly simple thesis - privacy coins haven't been hyped for 3-4 years. They will probably get hyped at some point as an alternative storage of value to BTC. The two largest privacy coins currently have a combined 0.6% of BTC's market cap. What is fair market value? currently that is 0.6%. What could it be in the future? who knows. ZEC/BTC hit all time lows in December, while XMR/BTC hasn't done much better, not seeing ratio this low since prior to the 2016 alphabay pump.
1) Good privacy crypto coins have never been in the spotlight. They were outshined by smart contract platforms, dental rewards program coins, etc, in the 2017-18 cycle and currently by Defi coins in the 2020-21 cycle. Holding a privacy coin is only for masochists at this moment in time in most people's eyes. A small part of every single Xmr/Zec holder secretly wishes they had bought another coin like Aave or Kusama.
2) At some point, the privacy narrative will catch fire with tremendous hype when people realize how transparent everything is on existing blockchains. Sure, it is annoying for some whales to have their addresses revealed if they're yield mining $500k per week, but for those profits, they will tolerate that intrusion of privacy. Everyone knows long term these yields are not sustainable and there will be a point where some of these whales that have millions of dollars probably don't want to have their every single move on the blockchain be tracked by a 3rd party website.
3) The 2 best known privacy coins- Monero and Zcash. Each have had their controversies. XMR with its initial (perhaps intentionally) crippled miner release in 2014 and pre-RingCT issues. ZEC with its trusted setup process, the founder's reward, difficulty in counting actual supply, etc. Both coins have been going through 3-4 years of downwards price action and taken a lot of punishment price-wise. I believe the final capitulation we've been dreading and hoping to avoid finally happened after the December Bittrex delisting announcements.
4) XMR has only had one pump ever in its lifecycle, during the alphabay/oasis pnd in fall 2016 (and then the bithumb listing pump in 2017 which did about a measly 3x). Zec had its only notable one during June 2017 when it still had a low circulating supply, and has been weak ever since. Any mention of these two coins generally get a lot of laughs and ridicule on CT (pertains probably more to ZEC than XMR). There is no doubt that if/when these two coins finally have their moment in the spotlight, they will go hard af. There is a lot of regulation uncertainty around privacy in general, which probably plays a role in the general hesitancy and lack of strength for these two coins.
Which to choose - Xmr is better from a purist point of a view, where Zec offers better pure privacy at the cost of several tradeoffs and has more centralization in its development and roadmap. Given Zec's availability on Coinbase and Gemini and its regulatory standing with the NYDFS, I chose Zcash to get the slightly larger allocation in my portfolio, but both coins are great. Having a small privacy allocation in your portfolio with a a 50/50 or 70/30 split for XMR/ZEC or vice versa is potentially a smart hedge for the scenario in my thesis.
Concluding thoughts - personally, I think buying privacy coins at this moment in time are a win-win. Either it's the trade of a generation and you look like a genius, or you become a member of a tight-knit cooperative and fun community for years to come
thoughts 2: should be obvious but to be claer- its a long shot to ever hit 0.10 plus again on the ratio, but something like .02 to .05 is certainly well within the range of outcomes
Disclaimer: This is not trading/investment advice
Zcash Long Chance 01/02/2021we have analyzed this asset using the Price Action analysis and we could notice a Hidden Bullish Divergence with MACD and it is the sign of trend continuation
we can target the parallel leg level of Fibonacci Projection and it is an easy target to achieve as the price is range bounding rally in a ascending channel and we can estimate to have our target areas in a month time
please comment your opinions
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
ZEC/USDT - 4h - Analysis published on 03/03/2021Moon to Earth ... Hello World, it’s Cosmo 👩🚀 again and by popular demand I additionally analyze the ZCASH (ZEC) Token against USDT tonight:
So, let's get started 😃 … Summary of the Analysis: ZCASH/USDT (4 hours time frame)
Trends: Short Term - Bearish & Long Term - Strongly Bearish
Crypto Screener™ (by TradingView) Rating: NEUTRAL
Technical Indicators (by TradingView & intotheblock): SELL
- Summary: 11 Bearish; 10 Neutral & 5 Bullish
- Oscillators: 0 Bearish; 9 Neutral & 2 Bullish
- Moving Averages: 11 Bearish; 1 Neutral & 3 Bullish
Fundamentals: SELL
- Circulating/ Max Supply = 54% --> SELL
- 848 out of 1,000 Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto)
- C+ SIMETRY™ Rating (by Crypto Briefing) --> SELL
- BB Rating with stable outlook by TokenInsight
- 79.4% out of 100% Asset Score™ by TokenInsight --> SELL
- No Dynamic Performance Score™ by TokenInsight
AI (Artificial Intelligence) by CENTRALCHARTS: SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): negative
- 4h (4 hours frame): neutral
- D (1 day frame): neutral
- 7d (last 7 days): negative
My Opinion: SELL - Bearish under USD 139.60
My targets: USD 103.47 (-13.1%) & USD 46.98 (-60.5%) from current price level
ZEC/USDT follows a very strong bearish trend since ATH (all time high) on 02/08/2021. Traders may consider only short (sell) positions if the price stays well below USD 139.60 (Stop Loss Level = 1st light green line above current price; +17.3% from current price level). Next support levels are indicated as light red lines in the chart. A bearish breakout below a support line would increase bearish momentum.
Signal Force (0-10): 8 = very strong force
To sum up my opinion: I’m convinced that the ZEC Token is substantially overpriced with the recent PUMP ACTION and will retrace back to it’s lows from before the parabolic move. In the long run it might disappear.
We are currently trading around monthly VWAP. Should we break significantly downwards this would be a strong SELL signal.
Please note that as a Hedge Fund Manager I would NEVER go outright short = only sell short ... I always have potentially overperforming coins or tokens long against the shorts!
The trick is, that (because of good research) the longs perform better than the shorts in all market situations.
Like and follow as the next analysis will focus on over- and underperforming (compared to BTC) Coins or Tokens again.
With this information you'll then be able to go LONG potentially overperforming Coins/ Tokens and to go SHORT potentially underperforming Coins/ Tokens and to do what the big guys do 🤑: Organize your Crypto Portfolio as a Hedge Fund.
Heard about this? With this successful trading strategy😍🍀💵 you'll be able to make money in all market situations and independent from the price action and level!
Happy trading everyone … comments welcome!
Published on 03/03/2021, 00:00 AM (UTC+1)