ZECBTC trade ideas
Don't miss the great buy opportunity in ZECBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0057). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ZECBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 0.00736
TP2= @ 0.00987
TP3= @ 0.01258
SL= Break below S2
Don't miss the great buy opportunity in ZECBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0057). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ZECBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 0.00736
TP2= @ 0.00987
TP3= @ 0.01258
SL= Break below S2
ZEC/BTC 12H (Binance) On falling wedge support after fakeoutZcash is back in wedge and looks ready to grow for mid-term.
I advice you to keep an eye on other privacy coins like Monero & Dash too.
Buy Entry= 0.005004 - 0.004824
Take Profit= 0.005395 | 0.005782 | 0.006196
Stop Loss= 0.004431
Risk/Reward= 1:1 | 1:1.8 | 1:2.65
Expected Profit= 9.79% | 17.66% | 26.09%
Possible Loss= -9.83%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x | 3x | 5x
ZECBTC🔔 Exchange: Okex🔔
#ZECBTC
Signal Type: short term
Trade Type: long position
Range open trade: 0.0063-0.00639
Amount: 5% from deposit
Target:
1: 0.00647
2: 0.00655
Stop area: below 0.0062
Update - Aiming around .01I have been tracking this pair for some time now. In my previous post, I stated that an upward break from the bottom pattern would likely be resisted from the pink line that I have now dragged out on the log scale. This line was significant to me back in October as it was initially acting as a rising support in the symmetrical triangle that was formed from the first touch below .0037 BTC, which I was calling the bottom. The price broke down below the pink line and acted as resistance before price fell sharply on the bitcoin short squeeze from About 7.5k -10.5k in a single day. When the price ZEC did break out of the bottom pattern, we can see it was resisted by this pink line. Now the line is sitting just under .01 btc. This could act as a short term target from here. Take it for what it is worth...it is just a line ;)
Zcash Gains MomentumZcash (ZECBTC) is now gaining momentum.
Here we are looking at the daily timeframe and we have strong bullish signals.
Prices are now aiming at the 0.786 Fib. extension or EMA300 (grey line).
ZECBTC can easily produce a short-term retrace after this level is hit. Everything is pointing up.
Previous analysis:
Namaste.
My Current View For Zcash (Chart Mapped)Here we have the chart for Zcash (ZECBTC).
We have bullish indicators and prices challenging resistance.
The immediate resistance is now EMA200 (0.005663).
ZECBTC will continue to push up until this level breaks.
If not enough momentum can be gathered, prices will retrace before the next try.
We remain bullish even if prices drop below support.
We expect a strong bounce after if such a scenario comes to pass (blue arrow).
Namaste.
ZEC/BTC 500%-1000% within one Year According to my Analysis#ZECBTC 2020 Best TA update:
According to me ZECBTC is best coin for 2020.
#ZEC I am waiting for best opportunity for my entry zone.
best entry for me 0.003-0.004 BTC.
If my entry will hit then this will Best Buy zone.
so I placing bid.
I will accumulate more ZECBTC if more dip will come.
Support: 0.0036-0.00400BTC.
Targets : 5x-10x within 1 year.
Not financial Advice
#DYOR
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Thank you for your appreciation.
Is Zcash Setting Up The Play?Symbol: ZECBTC
Clear long downward run it has been. But, we have broke out or Resistance and now are seeing the pullback to old Resistance. This could be a new support swing to the upside. No confirmation on my tools yet but I am just using tech. Analysis. Zcash really needs to create a higher high. Will stay updated on this one. Low cap coin / Privacy opt in coin
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ZECXBT - Dead Cat Bounce Or A Selloff Bottom?Beginning on April 8th, 2020 at around 19:30 EDT, KRAKEN:ZECXBT began a major ascent from 0.00510 XBT that crested at 0.00576 XBT. Soon thereafter a selloff occurred which brought us back down to rest just above where the previous jump occurred. But is it just a " dead cat bounce " or is this the bottom of the selloff? We should find out before much longer.
As a general rule, remember the words of Warren Buffett: “Fearful when others are greedy and greedy when others are fearful.”