ZEC in acceleration modePicturing simply that big triagnle ZCASH has printed is crazy. After sweeping the lows below, it has finished a corrective pattern with perfect 5 wave structure in the end.
From the low we have started the yellow trend which is now being left for an accelerted green channel and blasting through first resistance in red.
Next hudle will be the bottom of the triangle, once taking, expect the upper boundary to be tested pretty soon giving a nice 50-80% rally which could mark the top for a possible 1st wave of the next impulse up to insane price ranges with 4 digits
Hold my beer pls
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No financial advice, do your own research, don't be stupid
ZECUSDT
ZEC Potential LongThe above trade idea is based on symbol ZECUSDT - Binance.
An alert has been set for the entry price.
Risk Management is always important. Let the trade come to you.
Stoploss(SL) 1% above entry. Take Profits(TP) at 1% increments.
First TP1 will have a higher percentage of take profit.
Do Techincal Analysis(TA) stick to your plan, let the trade come to you, and don't FOMO, if your plan does not come to fruition (not hit) then you have not lost any money, have a SL to ensure best practice so you can continue trading, journal your trade for self development and reflection.
Zcash / BTCThe date was 10/15/2019, I posted one of my first analyses to this account called " found a downwards channel in ZEC " (linked down below)
all the chart had was a channel placed with 3 indicators: the TD seq, Ichimoku & EMA ribbon
with a bio of " this channel needs to break or there will be no ZEC bull run " that's it... haha... ok
As time passed the channel held perfectly, I never moved it till this day.
*FYI*
The orange and green lines are the fib lines
Green lines: .618 (middle) & .5 (middle)
Orange lines: 1 (top) & 0 (bottom)
Need proof? I got you
3 beautiful tests on each of the tops & bottoms of the channel also there are many confirmations for the middle of the channel.
If we zoom in and look at the last two channel touches and compare it to BTC, we can see further proof of resistance existence
The first touch was exactly when BTC dropped but the second touch lagged a week (bull trap) but still it touched the channel right when it was dying.
I'm sure that puts more weight on the channel with more evidence then just candle touches.
After the correction we broke out with a hit of the ichimoku to end it all and a top at 48k BTC resistance.
While everything's playing out ZEC falls and perfectly touches top of the channel & forms a multi week bottom while confirming the channel as a bottom with the help of the TD seq.
Potential ichimoku cloud break this week!! first one in its history!!!!
Now that we agree that the channel works, lets look at the ZEC longs
The white lines represent the severity of the first channel touch, with the biggest drop in longs I've ever seen. that fall killed off 80% of people and it didn't bother recovering.
First Jump: 203 days
- From (Dec/10/2018) to (Jul/1/2019) longs shot up from 6.3k to 64.5k
USD BTC
ZEC was @ $50 & toped @ $100 - (+2x) ZEC toped @ 0.017 & ended @ 0.0093 (-1.8x)
BTC was @ $3.5k & toped @ $12k - (+3.5x)
Consolidation: 378 days
- For the next year (1/Jul/2019 - 13/Jul/2020) longs stay consolidating between 46.5k to 65k
USD BTC
ZEC starts @ $100 & end @ $60 - (-1x ish) ZEC starts @ 0.0093 & toped @ 0.0063 - (-1.5x)
BTC starts @ $12k & ends @ $9.5k - (-0.8x)
Last Jump: 287 days
- Longs shot up (Jul/20/2020 - May/3/2021)
USD BTC
ZEC was @ $60 & toped @ $300 - (+5x) ZEC starts @ 0.0066 falls to 0.0015 then ends @ 0.006 - (almost equal)
BTC was @ $9.5k & toped @ $65k - (+7x)
Death: 360 days + ? (May/17/2021 to ---)
- This is the day BTC had the hardest and fastest fall in history. After a full 875 days of longs going straight up everyone lost hope and left it consolidating for about 360+ days, no longs in sight.
As you can see every person longing ZEC/BTC died from the begging of 2018 till now, you notice the USD value made some sort of profit but if you ask me.... no ser you cant be an alt and not do min 10x threw a 4 year long bear+bull market. No but for real, BTC went from $3k to 65k in that time span.... what did Zcash do? with a top @ $1k and a floor @ $20 we are still at $100 with every alt at least hit there ATH..... come on now...
just look at the mining difficulty and tell me that's not a great indicator, miners are hard at work and they have been.
ibb.co
the date was Jul/19/2021
I posted a chart called "this chart predicted the TM cap top" (linked down bellow)
this is the second post noticing it, in it I said "once this channel breaks.... obviously to the upside (if ever) this might lead to the biggest alt market ever seen."
that was back then and now is now.... I'm not saying its not possible but with rate hikes and the Nasdaq falling hard with the DXY mooning, it doesn't fell too well but hold strong. Charts speak for them selves.
look I'm not gonna lie, I truly believe BTC will jump to 40k and top out then the US will keep dumping on us to lower rates and more hell will be brought onto us till 18k gets touched. that's if and only if we keep following the US, with China potentially giving out $5.8 T stimulus.... I think we might see another 2020 but with the Asians instead of Americans but at some point pain will come so take care people.
With the US & EU noticing crypto, placing laws and regulating like they give a shit I can see the need for privacy coins at this exact moment.... I can proudly say this channel is real and it did break also I can fully understand why were breaking out of this channel with all the harsh rules and taxes.
To me the biggest news is when they have there stable coin on the market. I believe that will officially stamp crypto as a "real" asset to the normies
This is the perfect moment!! Bitcoin is at 30k and ZEC???? who the hell is looking at anything other then BTC after the shit show LUNA caused.
You can call this bearish but I disagree. Zcash has the momentum against BTC and has full privacy. Once the US comes in with there coin I can promise you fed eyes will be all over the blockchain and all the fools scared of the government? (I'm not (: idk why you would be) well they will be running to privacy coins for sure.
ZEC isn't the only privacy coin looking to moon XMR about to pop!
with a perfect break of the channel and a retest of top 1
im just more bullish on ZEC
good luck guys be safe!!!
ZECUSDT Analysis (Local Vision)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 75 and ~80
after first target reached move ur stop to breakeven
Stop: ~51 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ZECUSDT Analysis (Local Vision)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 80 and ~90
after first target reached move ur stop to breakeven
Stop: ~55 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3.5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ZECUSDTPERPThis currency, considering that it has attacked its resistance for the second time, two scenarios can be considered for this currency: the first scenario is the price falling to the previous floor and the second scenario is the formation of a head and shoulder pattern and the price moving upwards.
ZCASH Is Stuck between a Bearish & Bullish Trend!ZCASH is in a Symmetrical Triangle which means the Price has the chance to be Both Bullish and Bearish. No break out Has Happened yet So We Can not Determine the Trend Yet But It should Happen Soon. price in Bullish Scenario will be Reach around 140$ and in the Bearish Scenario It will reach 70$.
-ZCASH Is in a Symmetrical Triangle
-No break out
-Bullish Scenario:140$
-Bearish Scenario:70$
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Thank you for seeing idea .
Have a nice day and Good luck
ZECUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ZECUSDT
The price is moving in an ascending channel and R2 line means a long-term resistance line and we have R1 line which used to be a support line but now it has the role of a resistance line. At the moment, the price is fluctuating below R1 and we predict a rise for the price up to R2 and then a falling trend toward S1. Also the price may lose the support at the current point and face more decline to S1, as well. But in case the price moves above R2, we will have more rise for it. Actually, due to the weakness in the trend of price, we believe more fall would happen for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ZECUSDT - SETUPZECUSDT's price squeezes at 89.7$ into a symmetrical triangle and reaches the apex. But the problem for Bulls is EMA21 lying at a critical resistance zone, if they succeed to break that level we may find a good upside but there is an equal probability that the price may break down to establish an undercut towards 86.0$ and then find the rhythm. Accumulation can be done in that zone. Good Luck
ZEC/USDT Analysis Update 📈📉HEY ,SUP GUYS !
As I mentioned before In the last analysis for ZCASH, I told you guys more likely it will fly soon , and we can see after my analysis was able to exactly reached my tp (tp) ! ( => 260 % long (1x)🎯💰 ).
So today as we can see in 1w time frame for ZECUSDT it has a kind of gesture that indicates a possible growth in future , although mostly it depends to bitcoin trend in next couple of week , but it has reached to a support recently and can reach to the descending trendline in the shorter time , of course it doesn't mean it can not fall again , but in this case I expect to be supported with bull on the lower support zone again , in this kind of situation in my opinion we should rely on the volume after breakout the trendline to take a better decision and position In order to have any significant movement!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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