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ZECUSD

There is a possibility for the beginning of an uptrend in ZECUSDTechnical analysis: . Zcash/US Dollar is in a downtrend 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 14. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (43.30 to 49.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (49.00) Ending of entry zone (43.30) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 56.50 TP2= @ 64.75 TP3= @ 73.80 TP4= @ 91.00 TP5= @ 106.70 TP6= @ 127.65 TP7= @ 157.05 TP8= @ 184.90 TP9= @ 220.60 TP10= @ 328.65 TP11= @ 375.70 TP12= @ 503.10 TP13= Free
BITFINEX:ZECUSDLong
by ForecastCity
3
There is a possibility for the beginning of an uptrend in ZECUSDTechnical analysis: . Zcash/US Dollar is in a downtrend 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 14. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (43.30 to 49.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (49.00) Ending of entry zone (43.30) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 56.50 TP2= @ 64.75 TP3= @ 73.80 TP4= @ 91.00 TP5= @ 106.70 TP6= @ 127.65 TP7= @ 157.05 TP8= @ 184.90 TP9= @ 220.60 TP10= @ 328.65 TP11= @ 375.70 TP12= @ 503.10 TP13= Free
BITFINEX:ZECUSDLong
by ForecastCity
8
Zcash has an inflation bug, and nobody's talking about it.sit down around the fire and let me tell you a story that many of you may not have heard. once upon a time, there was a group of people who wanted to launch a cryptocurrency called Zcash with a fucked up trusted setup, 2 MB block size, founders reward, unverifiable supply, and experimental technology using people's real, hard earned money. what could go wrong? there was more hype over ZEC than jeffrey epstein on the way to his island. people said before launch, what was acceptably sane talk, things like "zcash is the bitcoin killer" and "zooko is a genius." the zcash team decided on a "slow" reward emission at the beginning to try to put all the miners having a boner into a cold shower. so the block rewards were extremely small. poloniex listed zcash first. miners started posted absofuckinlutely ridiculous asks, but because scarcity + hype = stupid, there was a guy who paid for ZEC at a rate of 5000 BTC per ZEC when it got listed on polo...i saw it happen with my own eyes...im sure he thought, wow what a steal, it's the next bitcoin. if he needed anymore confirmation, at one point at a meetup zooko said (i kid you not) that he "doesn't actually specifically know how zero knowledge proofs work". But how can i blame the guy? I mean, it's a free country amirite. i can't think of a more fucked up piece of shit than zcash. nobody even uses the privacy features. i see lots of people blaming the dump on the founders reward. perhaps that contributes to it. but many people dont know that the supply is unauditable. if someone figured out a way to print billions of ZEC, there's literally no way to tell. can you find a better explanation for this god forsaken chart than that? and i hear that they are creating a new blockchain, a zcash 2.0! for giggles: www.reddit.com
by Captain_Falcon
7
Zcash Analysis: 6 Hour timeframe Chart PatternsConclusion for today’s Zcash Analysis: Price closing above ~69.26 implies resumption of a bullish price swing in Zcash. Zcash analysis for today is presented using a 6 hour timeframe (log scale) bar chart. Over 5 months of price data is shown on the chart from February 2019 to current date. The bullish move in Zcash from the February 06, 2019 low reached a price peak of 131.37 on June 26, 2019, followed by a sell off that is captured using a bearish channel. A break in the long term bullish trendline on July 29, 2019 suggests additional strength to the downside. However, price action currently testing the upper boundary of support at ~63.02 has failed to continue momentum to the downside and therefore indicates caution for the current downtrend. A close below 63.02 increases the chance of testing the lower boundary of support at ~58.07, with a break below indicating bearish strength that should reach the February 06, 2019 low. Conversely, price closing back above its long term trendline and also above the 69.26 price level does argue against further move to the downside i.e. weakness in the downtrend.
POLONIEX:ZECUSD
by Coin_Analyst
1
Follow institutional investors. The ZCash investment reportSupplement to: Realized-Capitalization-ZEC-trading-at-a-60-discount A-detailed-investment-case-with-supplementary-offsite-data Privacy coins occupy a function within the cryptocurrency industry that many of the early adopters of cryptocurrencies consider essential. Bitcoin itself is often incorrectly referred to as an anonymous way of transferring value. Security experts call it pseudonymous privacy, like writing books under a codename. You can preserve your privacy as long as your wallet address is not linked to you. 1- Privacy solved with leading technology Originally based on Bitcoin Core's battle-tested codebase, ZCash was able to capitalize on the privacy issues of Bitcoin and forked its codebase so that there are now two types of transactions on its blockchain: shielded (using zk-SNARKS) and unshielded (just like on the original Bitcoin blockchain), making privacy an option for its users. zkSNARKs are the most exciting/interesting way (as Vitalik or Snowden would say) to make blockchains private. 2- Efficient, usable, widely supported Zcash is a fast, reliable and inexpensive way to send money or digitally purchase goods and services. It is also supported by all the top exchanges and wallets. For a detailed list see Figure 1 here: imgur.com 3- Multisignature transactions Zcash supports transactions that require multiple signatures. This means that a transaction may require two or more parties to agree to the transaction before funds are sent. 4- A world-class team ZCash is led by Zooko Wilcox-O'Hearn, a world class computer security specialist. The team has by far the most expertise in zero-knowledge cryptography, it's natural that they are looked to and respected. 5- The Controversial Founders’ Reward 10% of the eventual monetary base goes to the founders so that there is continued incentive and continued resources for the founders to improve the value of the coin. I am backing Edward Snowden in the logic that a reward is important to attract the best minds to work on the Zcash project. Consistent payment of the developers allows them to discover issues and patch them before they can be exploited by opportunistic parties. Whilst this is open to debate, a steady budget should help push things forward with development and education. 6- Exposure: Zcash for Institutional Investors and Family Offices There are a variety of potential market participants, among them hedge funds, venture capital firms, high-net-worth individuals, and pension funds that now have financial options available: Custodians: hold your Zcash for you to help minimize the risk of lost keys or theft Investment vehicles: allow investors to gain exposure to Zcash without having to hold it themselves. Trading firms: offer access to counterparties for the purpose of large over-the-counter (OTC) trades. For a detailed list of some of the big names involved see Figure 2 here: imgur.com 7- Progressing towards becoming audit and regulation friendly In the world of cryptocurrencies and digital assets, which by default are intangible, trust, risk management and reasonable assurance are key. In the crypto market there is a huge problem with market integrity and with consumer protection. Music to the ears of regulators is that payment disclosure and special "viewing keys" can be used to share transaction details with trusted third parties for compliance or audits or to comply with regulatory requirements. 8- Audited meticulously Zcash is going to great lengths to make sure their code is world-class by ensuring world class cyber security audits by third parties. This separates Zcash from 99% of all other cryptos out there. For more information on cyber security audits please see the respective reports at Kudelski Security, NCC Group, QEDi and Coinspect Additional positive quantitative data: Figure 3: Stacked Daily ZCash Exchange Volume_ZCash Market Capitalization: imgur.com Figure 4: Realized Market Capitalization vs Market Capitalization_ ZCash Undervalued imgur.com
BITFINEX:ZECUSDLong
by warrenhochfeld
2
Zcash Price Analysis ZEC / USD: As Low As It Can Go?Zcash / USD Short-term price analysis Zcash has a bearish short-term outlook, with the ZEC / USD pair tumbling to its lowest trading level since May this year. The four-hour time frame shows that a minor bullish reversal is currently underway, after a well-defined bearish head and shoulders pattern reached its overall downside projection. Technical indicators across the four-hour time are now attempting to turn bullish. Pattern Watch Traders should note that the ZEC / USD pair may start to test back towards the neckline of the bearish head and shoulders pattern. Relative Strength Index The RSI indicator on the four-hour time frame is attempting to correct higher, although it remains technically bearish. MACD Indicator The MACD indicator on the four-hour time frame is turning bullish, with the MACD signal line and histogram issuing a buy signal. Zcash / USD Medium-term price analysis ZCash has a bullish medium-term trading bias, with the ZEC / USD pair holding above critical technical support on the daily time frame. The daily time frame is showing that ZEC / USD bulls successfully defended the pair’s 200-day moving average. The large inverted head and shoulders pattern on the daily time frame remains valid. Technical indicators on the daily time frame are bearish and continue to issue a sell signal. ZEC / USD Daily Chart by TradingView Pattern Watch Traders should note that a complex inverted head and shoulders pattern may be forming on the daily time frame. Relative Strength Index The RSI indicator remains bearish on the daily time frame, although it is attempting to correct from oversold conditions. MACD Indicator The MACD indicator on the daily frame remains bearish and continues to issue a strong sell signal. Conclusion Zcash has undergone a strong reversal after the bearish head and shoulders pattern on the four-hour time frame reached its overall downside projection. Medium-term ZEC / USD bulls still have the upper hand while price trades above the pair’s 200-day moving average and the large inverted head and shoulders pattern remains technically valid.
BITFINEX:ZECUSDLong
by CryptoBriefingTA