ZECUSD ❕ broke up the channelZEC trades above liquidity.
Trading volumes are up.
50EMA broke up 200EMA (4H TF)
I expect the continuation of growth after fixing above the channel.
ZECUSDT trade ideas
ZECUSDT is testing the key levelZECUSDT (ZEC), is a privacy-focused digital currency
The price is currently testing the 0.618 Fibonacci level, which is a commonly used technical analysis tool in the financial markets. The Fibonacci levels are calculated based on the ratios derived from the Fibonacci sequence and are often used to identify potential support and resistance levels.
Local support refers to a specific price level that has previously acted as a floor for the price, preventing it from declining further. In this case, the 0.618 Fibonacci level is being used as a measure of local support for the ZECUSDT pair. If the price remains above this level, it could be seen as a sign of bullish market sentiment and a potential buying opportunity.
The price is currently creating a bull flag pattern, which is characterized by a period of consolidation or a slight pullback after a strong uptrend, forming a flag-like shape on the price chart.
Traders and investors may look for a potential breakout above the local resistance at the 45$ area, which could signal a continuation of the uptrend and offer new buying opportunities. According to Plancton's rules, a successful breakout from the bull flag could be a suitable time to consider opening a new long position in the ZECUSDT market.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
ZEC Jesus candle ahead?coiling up hard under resistance
Hold my beer pls
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No financial advice, do your own research, don't be stupid
ZEC global channel in 900% incrementsOn the chart, 1 week TF:
29.7 is the global minimum.
299.1 is the global maximum.
82.8 - mirror level. the upper limit of the last corrective channel, it was from this level that the lows on the downtrend were updated.
50.0 is the mirror level. The lower limit of the correction channel. Channel step 64%.
36.9 - stop level of the downward movement. This level is a support for the channel in which it is flat with a step of 34.34%.
Pay attention - the chart shows two global trendlines! The green club is forming a global uptrend. Red is forming a global downtrend! Here it is important to understand that on the chart there is a global accumulation channel with a step of 900%. Local descending club breakout - a falling wedge is also visible on the chart, the tip of which falls on 04/10/2023. However, I do not rule out the possibility of the formation of a wider accumulation channel - an accumulation phase with local uptrends and locally downtrends.
ZECUSDT | BULLISH PARALLEL CHANNELZECUSDT on higher time frame has been trading in a long bullish channel. The price got a hit from upper boundary of channel and now trading with in channel.The bulls need to break above the channel and can ht the upper boundary of channel.
Manage your trades accordingly.
There is still no strong demandFor the trend to be bullish, strong bullish candles need to be closed above the $50 resistance zone, to expect further price increases. As long as the specified support level in the range of 41-42 dollars is maintained, we can expect that the direction of the price exit from the range channel will be from above. But in case of selling pressure and price reduction, the first level of support and target for sellers will be in the range of 38-39 dollars.
ZECUSDT 4HZECUSDT 4H
ZEC needs to breach 48.8 to break this accumulating triangle figure, it has now crossed the median of the Keltner channel and the cloudiness of the Ichimoku Cloud and is about to find its resistance at MM200 at 45.6. The RSI has exhausted its buying forces, and the ZEc could pull back to 41.8. The prognosis is good, since this privacy coin, from the top (on May 10, 2021) until today, corrected -88%, i.e. it is super undervalued.
Here are the supports and resistances in the 4H:
Main support levels: 41.8 / 39.7
Main Resistance Levels: 46.7 / 48.8
RSI: Exhaustion of Buying Forces.
MM200: In the region of 45.6
Zec . There is every chance of growth📈Hi guys , my next idea . If you like what I do, please like it👍 in advance.
On the 1D timeframe, a Double Bottom pattern was formed, there was a false breakdown of the neck, but the strength of the buyer was not enough for further growth, now the price is forming a downtrending channel with strong volatility. The bulls are trying to take over the situation again, but so far without success. I will wait for a breakdown of the upper boundary of the channel, as well as a breakdown of the neck and fixing the price. Also we should remember that with such volatility in the channel, there might be an impulse, and then we might lose our position. ☝️
ZECUSDT LONGZCash is probably forming a Contracting Triangle and I expect to see a nice rally to form in the next couple of days. One probably path is mapped out in the chart. Hope you enjoy this analysis.
ZEC ShortReturning to the imbalance for now I believe. ZEC has taken sellside liquidity and can now drop.
$ZEC - puntthis coin has a tendency to melt faces once in a few years so got a bag in anticipation of a break out of this range
invalidation below range low or $44.35
ZECUSDT | SETUPZECUSDT has been trading in a bullish trend .
The price on daily time has broken above the falling resistance.
The price now hold an important strong horizontal resistance.
The price can pull back to the resistance levels.
The bulls are in control.
Manage your trades accordingly.
ZECUSD ❕ under the liquidityZEC is trading under liquidity.
Price has broken down 200EMA (4H TF).
RSI chart is trading in the sellers zone (4H and 1H TFs)
I expect the asset to continue to decline.
ZEC - looking for long positionHi guys, hope you are doing fine. Of course besides shorting there are some ALTS that still can grow very much. ZEC is probably one of them. To keep you updated I still didnt oppened long here because I belive BTC will fall more. I want to just hunt ZEC for long. Lets see if it will happen. When it will happen I will update this chart. Regards!
zecusdtHello friends, as you can see In the weekly time frame, we see a divergence that has been confirmed But we have to wait until it reaches the desired area and then make a long
ZECUSD ❕ downtrend The RSI chart is trading in the bearish zone (4H, 1H and 30m TFs)
Price is moving in a downward direction after reaching the upper boundary of the channel.
I expect a continuation of the decline.
ZECUSDT | RESPECTING SUPPORTZCASH has been trading in bullish trend on lower time frame.
The price has been holding an important rising support.
Now the price has approached to the rising trend line .
The 0.50 fib level also confluence with the rising support.
The bulls need to hold this support and so can show a strength at this level.
Manage your levels accordingly.
ZEC USDT | Full trade setup!!#ZEC/USDT
🟢Entry price: 47.6 - 44
🎯Targets:
|> 51.3 (Sell 40%)
|> 53.1 (Sell 30%)
|> 58.8 (Sell 20%)
|> 63.8 (Sell 10%)
🔴Stop-loss: 39.4 (1D candle Close under it)
➡️Recommended risk: 0.25%
➡️Recommended Position Size : 2.5%
please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money.
stay safe and trade safe
thank you!
✴️ Zcash Breaks Out Of Downtrend (Over 145% Potential)This is a nice chart because the signals are solid/strong.
We have a descending channel that has been broken.
The last candle closed as an inverted hammer.
This week, ZECUSDT moved below EMA10 just to recover back above this level and is now flashing green.
The RSI is strong above 30 on the weekly timeframe, the current reading sits at 41.
Zcash is one of the most famous cryptocurrency projects and a privacy altcoin.
Must have for crypto-enthusiast.
Enjoy the chart.
Wishing you profits, health, wealth and success.
You deserve the best this life has to offer... Now and always!
Namaste.
ZECUSDT | POSSIBLE RETESTZECUSDT has broken above the falling trend line. The price has alas printed inverse head and shoulder. The price broke above the neckline.
Now price has retesting the same breakout neckline.
One can long to keep the stop loss below the neckline.
Manage your trades accordingly.
#ZEC/USD: Bearish FlagA bearish flag has been encountered. A bearish flag typically spots a breakdown is likely to occur in case if price breaks out. ZEC/USD to continue lower to 44 on a breach of 44.4 as extra rangebound not ruled out.
Zcash shortZcash broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 40.8 is possible.
ZEC - Wait For The Bulls! 🏹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
ZEC has been overall bearish trading inside the red wedge pattern and it lately rejected a weekly support zone 35 - 40
The bulls are clearly pushing as price make a higher low.
🏹For the bulls to take over, thus have a shift in momentum from bearish to bullish , we need a break above the last major high in blue.
The blue zone is also a resistance zone and round number 50.0
Meanwhile, until the buy is activated, ZEC would be overall bearish and can still trade lower inside the weekly support. In this case, as price approaches the 35-40 again we will be looking for short-term buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
