Zcash( $ZEC ) Technical Analysis: 01/02/2020 - #ZECUSD chartZcash( $ZEC ) Technical Analysis: 01/02/2020 - #ZECUSD chart
ZECPERP trade ideas
This is my Zcash Analysis Long termJust sharing my point of view of Zcash. i am just a very beginner at the technical analysis but being in the space for a long time. I did discover the bottom for zcash so now am thinking we are going to see much higher price in Zcash because i think the bull market has just been start. not only Bitcoin wil go up but also some of the best altcoins there will get you a very good investment return. Zcash will have its halving at the end of the year so that will pump the price even more. hopefully my idea will come true and i hope you all guys will get as much gains as possible! :)
Hitting 70$ but beware of the PULLBACK.Yes we reached our target and so far so good the 2 previous analysis i made happen.
For today as were expecting to hit 70 and i am sure we will be hitting if not today by tomorrow. We will be having a pullback at possibly 65-68$ range which will be another buy time for us before it blows to 100.
As you notice the chart going to 70$ its almost going beyond the parallel lines i made as a waypoint, with that said it i think it will have to pullback for the bulls to regain strength also to continue the run.
Let me know what you think on the comments!
Update on ZEC reaching 100$Hello guys,
So far so good on my previous post about reaching 60$ well we are here. Please see the charts and expect a strong wall on breaking 61.50-62$.
At this point Zec may be pulling back to 57-58$ to get some force to break 62$. On my theory it goes 3 times if it cant break ups and downs at 62$ price may go back to the strongest support which is 55$.
Cheers and let me know what you think
ZEC CROSS moving average 200 ema and sma
tren buy
possible target 800 if breack trend line
Waiting for failure and enter to buy long term for target 800$ or now enter to buy
Zcash The Stash Looking Nice On The 2 HrHorizontal channel broken and now acting as resistance. Intraday timeframes were showing overbought condition with daily in oversold. Some intraday are still in free fall but the 2 hour is stabilizing. Resistance is now acting as support. Need to break $65 to establish higher high. Eyes on the markets and mind on the money. Seriously though think about a lot more than money ;)
Dow Jones loses 500 points today watch for any correlations in the crypto market. My gut feeling is that there will ultimately be an inverse relation between stocks and crypto. Maybe not in the short term but highly probable long term.
ZECUSD: Bullish Trend and How to Manage Profitable TradesThe price bounced from the support zone between the neckline of the Head & Shoulders chart pattern and SMA100. After that, we got a breakout above the right shoulder. What does it mean?
It means that the trend reversal chart pattern is not relevant anymore. The breakout above the right shoulder gave us a strong bullish signal.
I wrote in the previous post that it would be possible to buy based on the reversal from the support zone. If you opened long positions, now it is time to think about where to fix the profit.
The main target for buyers stays 65.00 resistance. It is the local market high, and buyers will try to reach it. At the same time, RSI is in the overbought zone. MACD histogram is going to reverse. Probably, we will see a pullback. It will be absolutely normal for the bullish structure. Just the price should stay above SMA100. If you have such an opportunity to fix the part of the profit, maybe it is a good idea right now. The rest part will be left for 65.00 target. It is possible to use a trailing stop as well.
But what is very important if you have your personal plan, you must follow it as it is.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Zcash / ZecUSD heading bullish to 100$Hello guys this is just my insight based on my observation on the charts and market.
Since we broken the 56$ or above the right shoulder. We are heading to 60$. before we get to the peak we need to hold the 56$ mark.
To prove this theory we cant do down 56$ or we will break the pattern. We still have the day to go up and down but since its broken the ice at 56$ i think it will hold if not it can recover.
We are heading at the right direction. If this theory proves to hold the said amount after chinese newyear will have a great boost in the market.
*this is just a theory and not proven. Your insights are well accepted comment below to share ideas.
ZEC Kiss Of Death & Betrayal ZEC sees insane sell off on Kraken exchange. Caught my eye and I had to post. Looks like someone actually bought at .22 cents. Must of been the literal God of arbitrage trading. Closed my short term position at $55 with near 100% gains. Still holding long term bags. I am waiting to reenter until market tells us which direction were heading.
On Kraken there is no signs of such price on their charts. No wicks with price at $48.5 per ZEC @ time of writing this. I Would love insight as to how this happened? Was it a calculated dump? I don't understand who would sell at such a loss? Is it market manipulation? Either way absolutely savage world of crypto. Hope your buckled in cause this shit is treacherous.
Any insights would be greatly appreciated!
ZECUSD: Trend Reversal Chart Pattern and Bullish SignalIf we look at the 4H chart, we will see the Head&Shoulders chart pattern. It belongs to a reversal group of patterns.
We need to get a breakout below the neckline, just in order to confirm this pattern. The price tried to break this signal line, but now we have a reversal from this line. It means that a strong bearish signal probably won't be developed into a further downward movement.
If so, the false bearish signal becomes a new bullish signal which will be able to confirm the continuation of the uptrend. For this, the price will have to move above the right shoulder.
If we talk about a possible buy opportunity, the price reversal from the signal line of the chart pattern can be used to open long trades. Stop orders for such trades must be placed below the local swing low. The profit targets should be at the right shoulder and 65.00 resistance.
If the price drops below SMA100, the trend reversal chart pattern will be workable again, and we should be ready to see the downward movement to SMA200.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ZEC Head & Shoulder Pattern ZEC has given investors an exciting start of 2020 with over 100% returns!
I believe this coin has a very bright future mid to long term and beyond.
Keep in mind ZEC originally hit the market at $2.3 million.
It is one of the coins to completely retrace in price and had a beautiful double bottom last December.
However, Im seeing a head and shoulder pattern play out on multiple timeframes at the moment.
After explosive price action could ZEC be due for some downside price momentum in the coming days?
We are still forming higher lows but at the least I'm expecting a move back to the neckline at which point I will be waiting to see how price reacts. A break below the neckline (around $49) would be bearish for the short term.
The measured move from the neckline to the top of the head is about 30%.
A 30% drop from neckline area would take us to the low $30 range which is near our long term descending resistance line to possibly be tested now as support. (price rejected off of it last year around halloween and again in mid December).
Im extremely bullish on crypto but I have been around long enough to realize the market moves regardless of my opinion.
Any insight would be greatly appreciated as I am still a student and am always eager to learn and collab with like minded individuals. Thanks for taking the time to read my post! Wish you all the absolute best.
ZEC - Bound To Explode Post Retracement!ZED is currently Re-Testing The Resistance Zone.
A short retracement could ensue
Short Term Downside Target: $40.00 (Opportunity To Buy In)
Short Term Upside Target: $76.00
RSI has a Bearish Divergence, this has to be fulfilled.
ZEC could pump higher post retracement to higher highs of $96.00 - $100.00
Disbelieve in Zcash .According history of ZCash I think its his highest point. I remember many manipulating and scamm actions according ZEC . Its cant move higher than actual position in ranking . I draw possible chart cycle .
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Check the chart :
ZECUSD About to breakout?We have intersting accumulation phase with breakout at 23% and 38%, we are above MA 89 and 200 and will probably cross.
