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ZECPERP trade ideas

ZEC short term correction to $50 before going to $250 moon Hello guys it appears that Zecash the real privacy coin just experienced a correction after a clear 5 wave impulsive structure Ideally this should put as at the larger degree wave (i) if this is the case wave (ii) typically retraces to the wave (iii) of the lower order close to the 0.618 fibs( that would be 50-45 USD ) i highly recommend buying on the dips and setting take profits zones in the $250 region i believe the crypto market capitalization should continue to grow with ETHEREUM leading the way
BITFINEX:ZECUSDLong
by GerardWalker
4
ZECUSD IHS Long TargetsBuy - ZECUSD Pattern: Inverse Head and Shoulders Neckline: 66 Entry: 66 Target: 77 Stop: 62 RR: 3.36 ZECUSD pair completed its correction phase after retracing back to the %38 fib level. Based on the recent historical data, upward waves on ZEC continues until 1.414 fib extension. The price has formed an Inverse Head and Shoulders pattern on the 4h chart. A wise play would be entering at the neckline. I got my entry at 66.14 it was a little bit early entry with some drawdown but until now it worths the risk. We should watch closely the price action at $70 to see how the price will react to the psychological/historical resistance. Considering the strength of the current bull market, I'm expecting a mid-term target of $97 and long-term target of $123. I will hold on to this position based on future price action.
BITFINEX:ZECUSDLong
by KSPINVEST
2
ZEC Daily Chart Pinnacle Moment After wiping away substantial gains along with the rest of the market. ZEC is ready to decide trend direction on the daily. We recently had a Golden Cross which gave us our first impulse up. Following that move we have had about a 20% pullback from candle body high to low from last high. Stochastic RSI just made bullish cross in oversold conditions. However, Price may need to come down and touch the 50 day moving average first. If we can break above the $75 region I see our next major resistance at $100. I am long term Zcash investor only swing trading 5% of my overall position. I see an opportunity in ZEC similar to the early days of BTC. You may agree but that is my opinion long term. There are only 8 million "shares" in circulation. It has never been through a block halving event meaning the supply has not yet seen a reduction. After the first BTC halving price went from around $10 to $1000. Zcash in my opinion has massive institutional potential. Not Investment Advice.
KRAKEN:ZECUSD
by MitchMilli
2
ZCASH - Sleeping Giant (100% Gains)I am a budding FOREX/ CRYPTO trader, with much of my experience coming from trading CRYPTO markets since 2016. In my Full Trade Setups I provide the Market sentiment, Entry Strategies, Stop Loss and Target Points for the Category of trade I will be posting. Discussion section is included to point out to the Fundamental Outlook. --- FULL TRADE INFO ---- Category : Mid Term --- Spot Trade --- ALTCOIN-USD Pair. Entry : Enter now or Wait for Breakout of Wedge and retest. Target Zone : 100 - 120$ $ (Weekly Resistance Zone) stop loss : 1 whole body close below $65 Market Sentiment : Zcash has broken the long term dowtrend line and is forming a monthly scale cup and handle formation. The first ever halving is also around Sept-Oct 2020, so a strong front running of price is expected. --- END --- Discussion : Given the BTC printed a bullish weekly HH disregarding most of the bearish case in coming months, this potential ZCASH setup with upcoming halving has high chance to play out. Please hit the LIKE button for more such trades. Do your own research. I only post trades I myself take. :) Enjoy.
BITFINEX:ZECUSDLong
by Blockchain_Roller_Coaster
1