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ZECUSD trade ideas

$ZEC looking like a fat bag rnLooks like a big ole bag over here just waiting for the taking. MACD is curling towards a bullish cross. 200 day MA held the line. RSI is on the verge of a test at 50. If the RSI test at 50 fails, this trade could go bust. But remember more often than not it takes more than one try to break through a significant level no matter what the metric. Either way, Zcash is looking primed and ready for some significant moves (most likely to the upside). Targeting $300 at least. Might sell some at $250 to play it safe and lock in gains.
COINBASE:ZECUSDLong
by EBITDAtiger
6
Elliot wave count in a correction wave: ZECAfter a classic accumulation phase starting in May and ending late October, ZEC had seen a breakout of nearly 75%. Reaching a high of $300 on the 25 November, ZEC has transition into a correct wave. ZEC proves to remain very technical in its main support and resistance levels. Equally, it maintains a balanced and easily observable Elliot wave structure. By extrapolating with some key Fibonacci levels we can identity some clear areas of confluence which are observable on the chart provided. ZEC remains bullish however if key support levels are lost we can see a rotation back into the old range. Particularly it would be important to hold the VAL so that we set up for a nice running flat.
COINBASE:ZECUSD
by collinchristie00
5
ZEC to $600+! ZEC appears to have completed Elliot Waves 1 & 2 under the 5-Wave Elliot Theory and has begun its ascent in Elliot Wave 3. After using the Trend-Based Fib Extension to calculate potential target prices for Elliot Wave 3 based on Elliot Waves 1 & 2, you can see that ZEC recently wicked at the 0.618 Fib Level ($302.00), and then retraced exactly to the 0.382 Fib Level ($220.00). After retracing to the 0.382 Fib Level, ZEC has just formed a double bottom, which is a bullish reversal indication. Other indicators also look bullish, as the Relative Strength Index (RSI) is only around 40, and yet On Balance Volume (OBV) continues to increase each day. In addition, ZEC's move to Proof of Stake will be a huge catalyst in ZEC's price reaching new highs, as ZEC holders and miners will now be incentivized to hold their ZEC as opposed to liquidating ZEC for other cryptocurrencies. Within the next 90 days, I expect ZEC to approach the 1.618 Fib Extension Level at $628.00. Once ZEC hits this target, I will make an updated post to predict the next potential targets for ZEC.
COINBASE:ZECUSDLong
by TokenPigeon
6
💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (238.09). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ZECUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 53. Take Profits: TP1= @ 253.92 TP2= @ 266.83 TP3= @ 282.22 TP4= @ 305.09 TP5= @ 330.02 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:ZECUSDLong
by ForecastCity_World
15
💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (238.09). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ZECUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 53. Take Profits: TP1= @ 253.92 TP2= @ 266.83 TP3= @ 282.22 TP4= @ 305.09 TP5= @ 330.02 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:ZECUSDLong
by ForecastCity
4
ZEC, strongerThe following content is machine translation: This year has been in a state of increasing volume. From a morphological point of view, it met resistance at Fibonacci 0.786 and retreated. It is currently in the third wave of rising, and the upper resistance is near 375. If it meets resistance near 375 and goes down for 4 waves, it steps back and rebounds near Fibonacci 0.786, which may open the 5th wave. If the overall financial market is stable, the target is around 500
KRAKEN:ZECUSDLong
by LochubT
What's next for ZEC?Hello traders! Zcash has had a nice pump since my last idea that was posted on October 22nd. I wanted to update you guys on my ideas and further targets. Like I stated in my previous idea, $300 is still the first major resistance that has yet to be broken (although I believe we would have closed the weekly above it had it not been for the bitcoin dump). After $300, the next multiyear resistance is $380. I expect us to tap $380 dollars followed by a 20% correction to $300 dollars. After $300 resistance turns into support, I think we will begin to go parabolic and my first huge target is $1200. I will personally be exiting at around $1200, although it could reach much higher. This is not financial advice.
BITFINEX:ZECUSDLong
by XRPLAWD
5