ZECUSD
There is a trading opportunity to buy in ZECUSDMidterm forecast:
While the price is above the support 45.75, beginning of uptrend is expected.
We make sure when the resistance at 91.30 breaks.
If the support at 45.75 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00016500 to 0.00013250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00016500)
Ending of entry zone (0.00013250)
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 the 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= @ 64.75
TP2= @ 73.80
TP3= @ 91.30
TP4= @ 106.70
TP5= @ 127.65
TP6= @ 157.05
TP7= @ 184.90
TP8= @ 220.60
TP9= @ 260.10
TP10= @ 328.65
TP11= @ 375.70
TP12= @ 503.10
TP13= @ 785.80
TP14= Free
There is a trading opportunity to buy in ZECUSDMidterm forecast:
While the price is above the support 45.75, beginning of uptrend is expected.
We make sure when the resistance at 91.30 breaks.
If the support at 45.75 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (50.70 to 45.75). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (50.70)
Ending of entry zone (45.75)
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 the 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= @ 64.75
TP2= @ 73.80
TP3= @ 91.30
TP4= @ 106.70
TP5= @ 127.65
TP6= @ 157.05
TP7= @ 184.90
TP8= @ 220.60
TP9= @ 260.10
TP10= @ 328.65
TP11= @ 375.70
TP12= @ 503.10
TP13= @ 785.80
TP14= Free
Realized Capitalization: ZEC trading at a 60% discount
ZCash ZEC is Bitcoin BTC 2.0 with advanced security features
Privacy coins occupy a niche within the cryptocurrency industry that many of the early adopters of cryptocurrencies consider being essential. After all, Bitcoin itself is often incorrectly referred to as an anonymous way of transferring value.
Bitcoin BTC privacy issues solved
ZCash was able to capitalize on the privacy issues of Bitcoin and forked its codebase. There are 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. Unlike Monero, ZCash supports multiple transaction types in order to allow everyone to choose between transparency and privacy depending on the use-case.
ZCash is now available on Wallstreet
There are a variety of potential market participants, among them hedge funds, venture capital firms, high-net-worth individuals, and pension funds that have access to trusted Over The Counter trading and custodial ZCash services:
-Circle Trade , Galaxy Digital, Cumberland, Genesis Trading, Greyscale Investments, Gemini
WHY ZCASH IS WORTH TWICE WHAT EXCHANGES STATE IT IS
Refer to the following graphs:
imgur.com
i.imgur.com
imgur.com
Introducing Realized Capitalization (Coinmetrics)
The motivation for the creation of Realized Cap was the realization that “Market Capitalization” is often an empty metric when applied to cryptocurrencies. Market Capitalization, borrowed from the world of equities, is calculated for cryptocurrencies as
circulating supply * latest market price
However, unlike with equities, large fractions of cryptocurrencies tend to get lost, go unclaimed, or become otherwise inert through bugs.
By design, there is no Depository Trust and Clearing Corporation which keeps track of everyone’s stock certificates. So when tokens or virtual coins get lost, they stay lost. In BTC , this means that roughly 15% of supply is assumed to be permanently lost and out of circulation. Market Cap does not consider these nuances, instead aggregating the value of all coins ever mined and assessing them at the last market price.
So how is Realized Cap calculated?
The realized cap attempts to improve on the market cap by trying to discount coins that might be lost. Its crux is to value different part of the supplies at different prices, instead of using the daily close as market cap does.
For more information please refer to:
coinmetrics.io
TradingRoomApps Emerging Trader Entry - Long $ZEC/USDZEC/USD 1W
The goal is to identify a coin in the top 25 MC that has the possibility do 50% w/out leverage over the next 50 days...my entry is ZEC/USD.
Entry $49.00-$53.00 (Risk ~7.55%)
Stop loss: under $49.00/break of a new low
Target of 50%: $80.00
Cheers,
@CryptoBarTalk