ZECPERP trade ideas
ZECUSD on BitfinexHey everybody,
Today we are going to take a look at the famous privacy Cryptocurrency ZEC .
I disclose that my friends and I own some ZEC as we find the project really cool and with a big future. 🙌
We say that but the French minister went full-gestapo today by going further today to apply more pressure on anonyme transactions.
People are going to be happy following the attacks we sustained in the pas weeks but they don't know the end-game.
They are being prepped for the ECB stablecoin without privacy.😭
Even Zuck wants a piece of it with his stablecoin Diem previously known as Libra.
Ok , enough with the rant.
Let's talk trading !
Idea:
So here we have ZEC (USD indexed)
ZEC is really a volatile crypto. When time is good, it grows slowly but surely, and when Bitcoin goes bad, it dumps like a rock.
ZEC has pumped hard in the last few weeks, and is a sure bet for the Bull market to come.
Right now, it is getting beat up bad by Bitcoin correction.
Our target is .
Why you would say it follows Litecoin price somewhat.
Because ZEC is a coin that hurts more than others when it dumps and this zone is the maximum pain zone, where a lot will let go and the whales will continue to accumulate.
Target: 60-58
Mood: BTFD !
If you read until here, thanks for your patience !
Please like or comment as I like to have opposing views and discuss !
Cheers,
Cryptomamy
ZEC / USD - Likely Going to Impulse Up Again, but When?Zcash , despite it's unflappable endurance of rankled BTC-purists' insult hurling, will move in this Bull Market. There's a lot of on-ramps to it, meaning: it's got "shelf space" in pretty much every "store" (aka "Exchange").
Zcash also just went through a halving in Nov 2020 + it's prior ATH would surprise you. It's got over a $700Mil Mkt Cap , which is good enough to keep it on the Crypto Billboard's " Top 40 " Coins.
I feel like August of this year (2020) was a pre-cursor--the "smoke" before the "Fire"--to this upcoming / current Bull-Run in the crypto Market. And Zcash nearly hit $100 USD at that time.
Not sure if I'd want to hold this coin throughout the Bull Market, but there's a ton of liquidity and it's currently in a spot where--as soon as BTC decides what the rest of the Market is going to do-- Zcash has plenty of room to run.
Take a look at these "surges" in the price action (denoted by those little lightning bolts underneath each ensuing pump). When's the next one going to be? My guess is that it'll take place soon: Dec 2020-Feb 2021.
What do you think?
Zcash is the futureAGAIN DEPENDS ON BITCOIN AND ZEC WHALES...THIS COIN IS HIGHLY VOLATILE AND CAN EASILY HIT ATH , YOU HAVE BEEN WARNED
the bull case for zecashidk privacy coin narrative helped pump xmr and macro charts on this look bullish.
giant double bottom on the weekly.
wouldnt call this a macro chart but i mean bro.
daily looks bullish af.
big ass triangle.
alt szn comin soon bois.
even a daily close above 75.76 would probably be a moonshot from there.
ZEC. Monthly MA golden cross On the monthly chart we recently got a golden cross.
Big players are gonna Jump into the BTC competitors as collateral investment.
ZEC is very limited in supply just like BTC and it has a privacy futures that makes it a better form of money.
At 70$ in 2020.
4 years from now, due to network effect, ZEC is set to a huge upside swing.
LONG ZEC/USD HEARTATTACKINCOMING!I am very confident on the ZEC / USD pair, I expect some long positions to bring some satisfaction into our pockets. If this move is seen by the bulls as an H&S we can see the ZEC move up to the third target between $ 165 and $ 175. I chose this pair as an analysis because Zcash in addition to halving the rewards is still a bit behind the main Bitcoin forks. If you appreciated my work you can donate I would be grateful. If you want to donate me privately or simply to chat with me, do not hesitate to contact me privately. Thanks for your attention guys!
ZEC- King of anon coins (Multi-time frame analysis)By far, the most sophisticated anon and privacy-focused coin in the crypto world with its zk-SNARKs (zero-knowledge proof cryptography). Vitalik and Snowden vouch for Zcash and Zooko is behind it and there is a dedicated group of experienced cryptographers and engineers working on it. Yes, sometimes, you have to sacrifice a little bit of decentralized feature in exchange for centralized efficiency.
Now that the controversial founder's reward is gone and the high inflation rate is cut in half after the November's halving, I expect ZEC fundamental to be strengthened which will in turn attract more investors.
Dash (check my Dash posts below) may have more daily active addresses and transaction per day than ZEC, but ZEC has the highest daily transaction volume among the big three anon/privacy-focused coins (ZEC, XMR, DASH).
Weekly chart has just turned bullish as shown by most technical indicators. ZEC seems like it's ready for the breakout as it's extremely undervalued.
Time to accumulate ZEC and place the stoploss below $50.
Just my opinion. Not the investment advice.
ZEC / USD Daily Major factors for bullscenario:
- formation of an uptrend; needs confirmation with a HH
- halving has been successful; lower inflation rate meaning same demand less supply
- Ma's squeezing in a good way: 200MA going upwards above the 50MA, indicating the formation of our uptrend
- Bitcoin in bull run & new investors looking for alternatives will look at largecaps (= ZEC)
ZEC Falling Wedge & Double Bottom Thanksgiving GiftLikely to see some bullish action resume if zcash holds the $65 level. I expect a pretty strong impulse if we do, most likely taking out the recent high.
ZEC Falling Wedge Breakout Soon To Be Decided Big falling wedge pattern in ZEC/USD.
$70 is key support level. Price briefly tested this area recently. Would make a great base for a huge leg up. In order to confirm breakout of the falling wedge we will need a candle body close above the light grey diagonal resistance line. Look for a retest upon break out but sentiment could switch to bulls quickly.
Also we might have a golden cross on the daily candle, after xrp daily candle had a golden cross the following day saw a 50% pump .
Interestingly, a 50% pump would take ZEC to the majorly anticipated resistance around $110.
Most intraday timeframes are in overbought territory in Stoch RSI .
What will ZEC do? (prob 100x in a year like BTC did after its first halving)
Not investment advice.
ZCash in Strong Impulse.I lost the count of the number of fractal patterns at play here now. But they are real, because I have confirmed an impulse. Immediate Fib Targets are 70.6, 71.52, 72.79. Invalidation is of course in red, as usual. Don't forget, none of this, and any of my posts, is ever financial advice. It is important that you educate yourselves, and make your own financial decisions.
