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ZECUSD

Zcash: Possible Buying OpportunityThe price is at the support zone formed by 56.00$ and SMA200. Now it is the key support zone for the buyers. If the price can stay above this support, we should be ready to see a new upward movement toward the previous market high. If the price breaks the support zone, we will see the further downward movement toward 20.00$ support. As for now, we can try to catch a possible upward movement using the current position of the price. The price is above the support zone and we have reasons to open a long position. The trading idea is based on the price reversal from the support zone. The long trade has the following entry and exit points: Buy above 58.50$ Stop below 48.50$ Profit Target at 98.50$ Risk per trade must be no more than 5% of the capital. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
BITFINEX:ZECUSD
by DLavrov
4
ZECUSD W1: BEST Level BUY/HOLD 300%+ gains (SL/TP)(NEW) Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates ZECUSD W1: BEST Level BUY/HOLD 300%+ gains (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: ZECUSD week/candle chart review/outlook ::: long-term accumulation in progress ::: BULLISH falling wedge on weekly TF ::: throwback stage now not complete yet ::: mid/long-term SUPER BULLISH OUTLOOK ::: super strong chart bullish outlook ::: short-term more downside expected ::: accumulation mid range will get re-tested ::: required now before bull run can resume ::: BULLS should get ready to BUY PULLBACK ::: we are setting up for a strong move ::: within next few weeks max (3-6 weeks) ::: recommended strategy: BUY LOW 36/38 USD ::: TP BULLS is 250/350% gain BUY/HOLD setup ::: SWING trade setup / no fast gains here ::: BUY/HOLD / do not expect miracle gains ::: SL is 20% max ::: good luck traders! 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: BULLS/PRZ/REVERSAL ::: Sentiment outlook short-term: BEARS
BITFINEX:ZECUSDLong
by ProjectSyndicate
28
ZECUSDT Looks Really Strong 100% Growth PotentialWe have seen a good rally in ZEC Since its major drop in march as of now it has turned its previous high of Feb into a support now after making a new Higher High in Aug as compared to Feb with Higher Low which indicates a good bullish momentum. The price are trading above EMA 50, 100, 200 on Daily Time frame and it adds another boost to its momentum. RSI and MACD are also Showing good signs of Upward Trends. The potential TP's are marked in the Chart. TP1 - 110 TP2 - 150 TP3 - 175 Open SL Manually Daily Close below EMA100 This is not a financial advice. DYOR Thanks Aanuj Tated.
BITFINEX:ZECUSDLong
by aanuj.tated16
ZEC/BTC (Major Support Tested?)BINANCE: ZECBTC -Zcash tested the previous resistance and support area at 5200 sat -We can see multiple candle rejections in this zone -This is a Bullish sign but not yet confirmed -We need to see a break of the trendline resistance -To confirm that the downtrend is likely over -And the dominant trend will continue higher -Not financial advice, please exercise proper risk management ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Thank you! :)
by PolarHusk
2
ZCash Needing a Dip to 56.37-57.37 to Cross trendlines to LongI've been having success at Scalping #Zcash and #Litecoin as of late. Their patterns have become quite prediectable. In this chart you can see where a descending overthrow trendline meets the underlying, more powerful uptrendline. If the price action meets at the exact spot needed, a long may be the best opportunity. Granted I may need other confluences such as the RSI and I'll take a look at the MACD. But after some major drops in Crypto overnight, it seems like they're trying to make a comeback. with resistance on Zcash being around the $60 mark, I wouldn't shoot for any higher than that as my Take Profit. Let me know what you think. Here's a previous Zcash win using my double RSI strategy. The (Over sold on the 19, diference of 7 or more between the 16 ans 29 RSI, Crossed The 50 and the 200 MA was used as support. Was the perfect time to pull the trigger and land nearly a 20 pip scalp.
BITFINEX:ZECUSDLong
by BodiesXWix
ZECUSD Second Chance: Profit=765% SL=70% Reward/Risk > 11:1Second Chance Trade Setup summary: Profit targets=765% = {TP3= 35% + TP4= 61% + TP5= 79% + TP6= 104% + TP7= 127% + TP8= 144% + TP9= 215%} Stop Loss =70% Reward/Risk > 11: 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (71.35) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." New Take Profits: TP3= @ 96.60 (New) TP4= @ 115.25 TP5= @ 127.65 (New) TP6= @ 146.00 (New) TP7= @ 162.00 (New) TP8= @ 174.30 (New) TP9= @ 225.40 (New) SL= Break below 64.00 -------------------------------------------------------------------------------------------------- First Buy Current Status: Total Profit: 136% Closed trade(s): 85% Profit Open trade(s): 51% Profit Trade Setup: We opened 3 BUY trade(s) @ 48.84 based on 'previous Forecast' at 2020.06.15 : Closed Profit: TP1 @ 64.00 touched at 2020.07.13 with 31% Profit. TP2 @ 75.60 touched at 2020.07.31 with 54% Profit. 31% + 54% = 85% Open Profit: Open trade is 74.15(current price) - 48.84 (open price) = 51% 1 trade(s) still open, therefore total profit for open trade(s) is 51% x 1 = 51% Technical analysis: . ZECUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:ZECUSDLong
by ForecastCity
9