ZECUSD trade ideas
Falling Wedge Pattern For ZCash??When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move.
The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline.
Before the lines converge, the price may breakout above the upper trend line.
ZCASH Stock Chart Fibonacci Analysys 030825Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 34/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Ascending Triangle pattern for Zcash or Hidden Bear Flag!!!??!?!It appears as though Zcash is forming an ascending triangle pattern, but often this can be confused with a bear flag depending on the Macro Trend of the asset.
The rsi is in a great place for the price to pump.
We have seen the price of Zcash touch the upward sloping support of the pattern over half a dozen times, this is the first time the price have dipped below the upward sloping support.
The price is going to need to rebound immediately if we're going to see a continuation of the pattern.
ZEC Weekly & Monthly Chart Will Print God Candles Ironically Zcash is $36 at the time of writing this or 666.
The number of the flesh
Flesh
The need for money
Kill your ego and starve your pride but still need money to survive
Zcash is the stash
The stash to melt faces
One of many Phoenix that will arise from our debt laden and dying old way of finance
This is a bold thought but with the upside potential one could consider
If Zcash went from $2500 to $70 in one month
Could it go from $70 to $2500 in the same time?
I am stepping into my 32nd year on this earth. Best wishes.
Super Squeeze On Zcash Monthly I’ve believed a lot in zcash over the years. Held the top and did other things. Looking at the chart again Im thinking it’s time to buy some more. This project has always seemed like a long term company in my opinion and I’ve always looked at it like a real competitor to Bitcoin. The price has been very bearish overall but looking at the bigger timeframes things are looking to be at a reversal/resolution. I used to call it Zcash the stash and bought a bag at $65. Like I said I’m tripling down. Na. Quadrupling down. You get the vibe. Unless you’re blind, you see the squeeze.
ZEC can make 1500% gains but before that a little shakeoutZEC has superb chart.
You can clearly identify falling wedge formed and breakout occured in July.
Falling wedges in 70% of the time are signaling of major up move but before that most likely we will see a retest of support level. Double bottom pattern could be finishing wave of the bottoming process. By the way in november ZEC has it's own halving! We should take this into account.
Possible rise to 265$ can bring good profits in the next 3 to 6 months.
Wait until the market comes to you. Patience!
ZEC Update (1W)For ZEC, we considered two diametric or triangle scenarios, and we had spot purchases on ZEC at much lower prices in VIP.
Considering the overall crypto market scenario, it makes sense to consider a large triangle for ZEC instead of a large diametric.
From the red range, the triangle formed by ZEC can end and ZEC will become bearish in the medium and long term.
Closing a weekly candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bear Flag or Bullish Flag for ZcashZcash appears to be consolidating into a bearish flag or a bull flag after breaking to the upside of an ascending triangle.
The horizontal resistance of the macro ascending triangle has turned into the baseline support of a micro bear flag or bull flag.
The RSI is very low on a 1 year chart.
Zcash has made over half a dozen higher lows until recently we have seen a neutral low coinciding with the previous.
The williams alligator has turned downward which is bearish.
ZED/USD mirroring ETH/USD from Dec, 2016 to Jan, 2018Zcash (ZEC) is a cryptocurrency that prioritizes privacy and security, offering users the option of shielded transactions to protect their financial information. This focus on privacy positions Zcash as a leading digital asset in an era where data protection is increasingly important.
The development team behind Zcash is renowned for their expertise in cryptography and commitment to innovation. They have consistently implemented advanced features to enhance the protocol's security and efficiency. For instance, the integration of zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) enables private transactions without compromising the integrity of the blockchain.
Zcash's governance model includes a development fund that allocates a portion of the block rewards to support ongoing research, development, and community initiatives. This sustainable funding mechanism ensures continuous improvement and adaptation to the evolving digital currency landscape.
Market analysts have projected significant potential growth for Zcash. A report by Grayscale Investments suggested that ZEC could reach a value exceeding $62,000 by 2025, assuming it captures a portion of the offshore wealth market seeking privacy-preserving financial instruments.
In summary, Zcash's emphasis on privacy, backed by a skilled development team and a sustainable funding model, positions it as a strong contender in the cryptocurrency market. Its potential for substantial value appreciation further underscores its appeal to investors seeking exposure to digital assets with robust privacy features.
Do you believe it?
Bullish on ZCash!!This is one of my current trades. KRAKEN:ZECUSD has been holding up really well and bouncing strong off of current BTC down movements. Have two take profit zones, one at previous high around $67.11, and at a long term horizontal line at around $74.95. Around this area I expect some resistance and consolidation. If it can break past this level, next target is around the $115 area.
I Need to work a little on entry as I was at a loss for a little during the drop this week, but have a decent entry with a lot of upside potential.
The Samourai, The Sun And The Dead ValleyAs the Sun was starting to rise,
After so many years excluding compromises,
The samurai, at the end of the dead valley arrives,
Looking to warm his heart after taking so many lives,
He quickly realized when the sun rays hurt his eyes,
That all his will to conquer and to rise,
Was nothing more than something written in the stars,
Seeing the truth, he couldn't handle the cries,
But the samurai already defeated and healed the scars,
So the reality couldn't hit him differently otherwise,
The new credo was set and he sweared by it to live and die:
"Abandon all doubts at the door of Truth"
Ascending Triangle Breakout For ZCashDec 8 Private Post-
With privacy continuing to erode globally at an alarming rate we will continue to see an influx of capital allocated to assets like Zcash, Roger Ver & other OG Crypto investors will Ape into privacy coins due to an alarming enforcement.
Zcash is showing multiple bullish indicators.
The Williams alligator is trending upwards in a bullish fashion, the bands are widening to the upside and the price is bouncing off the bands displaying strong support to the upside at the upward sloping support of the pattern.
We could see a retrace to the blue band of the Williams alligator at approximately $52 USD.
But why penny pinch, $370 USD incoming in 2025, Alt season hasn't even started yet and Zcash is going to go from an Alt coin to one of the main cryptos due to privacy features.
Zcash has tested the upward sloping support of the ascending triangle over half a dozen times and each time the price increases to create a micro higher high & lower low.
Zcash working on filling out right shoulder for next breakout Zcash appears to be forming a special inverse head and shoulders pattern I like to refer to as the sweet dreams or sleepy head inverse head and shoulders as the trendline you draw to highlight the head and shoulders take on a smile face with its eyelids closed. I anticipate even though I already drew the hypothetical length of the right shoulder fairly s that there’s a chance it could break above the neckline after forming an even shorter right shoulder based on some of the recent tiny right shoulders we’ve seen fro the likes of digibyte, atom, cardano and others. Always a chance since it’s left shoulder was tiny that the right one could buck the trend and form a regular sized right shoulder too, either way I’m confident with market conditions how they currently are theat probability favors this pattern breaking out and up eventually. *not financial advce*
ZEC and LINK trying to break outNotice that there is a longer term resistance and then we break through it, well we just did recently, this is a momentum play.
Its possible if we see more market pullback like we did this morning we will need to start looking at finding support and buying the dip instead of just jumping on momentum runs. For now there seems to be no shortage of breakouts happening across crypto to trade on momentum.
You should evaluate these yourself, always DYOR, I am just raising a flag on a couple assets of interest.
Currently on the orderbooks, LINK looks a bit more healthy than ZEC but also this is a break out from an already existing breakout for LINK, it has had more time to build force.
Here is the LINK chart: