ZECUSD trade ideas
✴️ Zcash Long-Term | Bear Market Over? Think Long-Term✴️ Zcash Long-Term | Bear Market Over? Think Long-Term
The All-Time Low for Zcash (ZECUSD) was hit March 2020.
This June 2023 Zcash hit its lowest level since that date, a multi-year (3+ years) low.
This low can potentially be the bottom of the consolidation phase before a new bull-market.
There is room for a move such as it happened in early 2020. A bullish wave that leads to a new low.
This scenario would look as a strong/quick bullish wave developing now that ends in a lower low when it is over compared to June 2023 and that lower low would signal the consolidation bottom as well as the start of the new bull-market.
The climax of the bull-market we call the bull-run.
Now, it is not possible for me to know if the bottom is in or not, if there will be a new low or not and neither is it necessary for me to know, I honestly don't care.
At this point in time, any smart human being whom is looking at these pairs with the purpose of earning, would focus on the long-term.
Visit again the left side of the chart, between Q4 2019 and Q2 2020... That's the opportunity phase, the accumulation phase, it doesn't matter the swings, the highs and the lows.
What matters for a trader, a spot trader, is to buy and hold and wait for the bull-market that will certainly follow as the market moves in cycles.
One consideration that is highly important to keep in mind is future potential. A new bull market can lead to a new All-Time High... What you are looking for? I don't know, but we buy low to sell high, keep it simple and that's a sure guaranteed win.
Long-term in this case means 9 to 16 months.
Namaste.
ZCash possible shortLooks like ZECUSD is reaching the top of the descending channel. Within the ICH cloud and having SMA as support we could see a bounce back up to the channel followed by a break out or rejection. Time will tell, so it will
Why ZEC (ZCASH) Could outperform all other coinsName PriceUSD Marketap Circulatingupply Maxupply Totalupply ATH ATL BTCNP ATH/PRc ATL/PRc
"Zcash ZEC" 29.58 450,671,988 16,328,269 21,000,000 16,328,269 5941 18.94 24.88372019 200.872211 1.561774023
BTCNP is calculated as : CurrentPrice*(CirculatingSupply/CirculatingSupplyOfBTC). This shows the Price of the coin, when it would have the same Circulating Supply as like BTC.
BTCNP von XRP: 1323 USD!
BTCNP von ETH: 11719 USD!
BTCNP von ZEC: 24 USD!
With the above Formula you can compare all coins to BTC.
You see above the basic data about zcash taken from Coinmarketcap.cap
Max Supply and Totalsupply is smilar like BTC. So Zcash is scarse.
AllTimeHigh/CurentPrice = 200 those times. So ZEC got 200 times cheaper than from its ATH, that means ZCASH is totaly oversold.
AllTimeLow/CurrentPrice = 1,56m , that means Zcash is currently available to near ATL Prices.
For BTC ATH/PRc=631299. That means bitcoint sells currectly to 631299-times Price of its ATL.
That means Zcash is still very very cheap.
The Pricerabge from current Price to ATH is 30 to 5941. Charts are usually symetrical and it appers to me that ZEC found its botto! So the the direction will be symetrical to the left side of the chart.
So what are the targets:
They are visible on the Chart: The range goes from 660% to 854000%.
So I think that others will see those possibilities on the data too.
So there is a lot of fantasy on this old darling of the coin community.
ZECUSD: some correction?A price action below 29.35 supports a bearish trend direction.
Further bearish confirmation for a break below 28.85.
The target price is set at 25.45.
The stop-loss price is set at 33.10.
Fading upside price momentum (see the lower panel) supports the bearish trend.
ZECUSD-BUY strategyThe long at $ 24.00 remains and we keep the profit level now @ 26.00-26.50 range for now.
We are trading below BOLL and the RSI is relatively low, and it adds to the view we should be buying this crypto for now.,
Let's see what catelyst will bringn it near $ 30.00 again over time.
ZECUSDPrivacy will become increasingly important as time moves forward. I think sometime in the next 10 years ZEC will be trading above $1000 and has at least a 50x potential from current levels. One my favorite coins. Stay safe, and have fun!
ZECUSD-BUY strategyUsually I do not trade crypto, but since got bored a bit weekend, I started trading a few. SOLUSD was great yesterday, but now I feel ZECUSD has potential to return back above $ 26.20. It has been oversold, and not withut reason, especially SEC case in the air (Binance and Coinbase), has placed pressure on some of the crypto currencies, and this is one of them.
Strategy is BUY @ 23.75-24.15 and take profit above $ 25.75 for now.
Reasonable Crypto Trade on weekly ZEC chart?Reasonable Crypto Trade on weekly ZEC chart?
Risk/Reward Ratio = 15
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Shorting Unlikey Moonshot Shitcoins or SUMS Looking here we can clearly see us reaching the top of the decending channel on the daily. Also looks to have a strong bounce of resistance on the hourly channel. May have a possible short position on our hands here. Naturally this isnt for the faint hearted with BTC on a nice pump at the moment. Not financial advise, so its not.
Z-Cash - could this be Privacy's Year? I've almost given up on Z-Cash. Almost. But I can't do it, because I can't give up on privacy, for the simple reason that I believe that the right to making choices that are indeterminate to other people is a fundamental right, because that's how you grow.
Observation is quantum collapse. An observed person is a person unable to change, unable to grow. We don't understand that as a collective yet, but I think the issue will force itself upon us as governments take out their financial mistakes on us, as they always try to do.
Nothing like someone turning off your money to make you realize what 'privacy' actually means.
I'm long on hope, so I'm long on Z-Cash.
My Plan For ZECUSDT for this yearThis is a longer term trade but can be made into many different trades very easily.... This will play out and I will have my SL a bit lower and use no leverage. To use leverage use a tighter SL and can always reenter if you want. I am just buying 200 ZEC and adding 50 each time it comes back into my buy zone.
Based off monthly and Weekly for targets.
Not financial advise just an idea that I am going to trade.
:thinking_face: pt2ZCash has reached the lower levels of historic price - this is a perfect example of pure price asymmetry within a market. An under-priced asset with confluence. Multiple methods of TA indicate bullish movement in the future.
I won't go into detail as to the fundamental parameters of cryptocurrency and Bitcoin as I have covered this in multiple ideas already.
Enjoy seeing Risk/Reward this low, it won't be here for long.
zec longzec is often a menacing coin but it actually looks like it has relatively good upside over the next few months. buy n hold. invalidation under somewhere
ZECUSD TF H4 LONG. TP = 44.58On the 4-hour chart, the trend started on March 11 (linear regression channel).
Since the trend is not over yet, there is a high probability of profit.
A possible take profit level is 44.58
But do not forget about the SL = 29.67
Good luck!
Regards, WeBelieveInTrading
:thinking_face::uptrend: :bullseye:
Follow the lows
Look for gaps
Place orders in wicks
Wicks predict
Buy and Sell at extremes
Growth is exponential
ZECUSD - S&R MOVING SIDEWAYS 1H TFMoving sideways on 1H and there's no clear HH HL , LH LL
moving within the support and resistance zone
Zcash updated Analysis: Has Early Spring Arrived= Flower Power
Everybody's worried about stopping terrorism. Well, there's a really easy way: stop participating in it.
Like Bitcoin, Zcash transaction data is posted to a public blockchain; but unlike Bitcoin, Zcash gives you the option of confidential transactions and financial privacy through shielded addresses. Zero-knowledge proofs allow transactions to be verified without revealing the sender, receiver or transaction amount.
It seems that Today's violence on the chart and Fear about Silvergate and other centralized banking and brokers in the Crypto sector have potentially delivered an early Wychoff Spring event which could result in the end of the accumulation cycle for this micro bull run.
Crypto is now patently severed from the SPY and NDX indicating that reversion is eventually a good R:R play - however note that it may not trigger for months into the future.
Enter additional ZEC coins under $40.00 understanding that there is significant risk of an additional leg or two lower which may touch the high 20s
3170% PROFITS on ZEC can be possible?This is a long term swing trade the risk is just 10% per entry if the first one fail, green line is the second. Lets see how this play probably Zooko give us all Gainzys money.
zecusdok weekly chart of zec
i draw the line this kind because a line touches multiple resistance and support zones is ideal to me.
The war as an inner experienceAs i was starving in the valley of death, things started to become clear to me.
The Death, the Life, none of this matters for the one who've been purified by the sacred fire of Fate.
In the Great War, he who've been able to disappear to himself and offers everything has won the treasure that no man as ever seen.
Zcash ZEC to $100 in 2023: battle for After-Life Privacy cryptoRecursive Proof Composition without a Trusted
Setup
Sean Bowe1
, Jack Grigg1
, and Daira Hopwood1
1 Electric Coin Company
{sean,jack,daira}@electriccoin.co
electriccoin.co
Abstract. Non-interactive arguments of knowledge are powerful cryptographic tools that can be used to demonstrate the faithful execution
of arbitrary computations with publicly verifiable proofs. Increasingly
efficient protocols have been described in recent years, with verification
time and/or communication complexity that is sublinear in the size of
the computation being described. These efficiencies can be exploited to
realize recursive proof composition: the concept of proofs that attest to
the correctness of other instances of themselves, thereby allowing large
computational effort to be incrementally verified. All previously known
realizations of recursive proof composition have required a trusted setup
and cycles of expensive pairing-friendly elliptic curves. We obtain and
implement Halo, the first practical example of recursive proof composition without a trusted setup, using the discrete log assumption over
normal cycles of elliptic curves. In the process we develop several novel
techniques that may be of independent interest.
Keywords: recursive proofs · incrementally verifiable computation ·
zero knowledge
