ZECUSDT trade ideas
ZEC - Inverse Head and shoulder pattern | TargetInverse head and shoulder marks the bottom.
If the neckline of 125 is broken and stays above it, Then the targets are 140 and 148
ZEC/USDT - 4h - Analysis published on 03/03/2021Moon to Earth ... Hello World, it’s Cosmo 👩🚀 again and by popular demand I additionally analyze the ZCASH (ZEC) Token against USDT tonight:
So, let's get started 😃 … Summary of the Analysis: ZCASH/USDT (4 hours time frame)
Trends: Short Term - Bearish & Long Term - Strongly Bearish
Crypto Screener™ (by TradingView) Rating: NEUTRAL
Technical Indicators (by TradingView & intotheblock): SELL
- Summary: 11 Bearish; 10 Neutral & 5 Bullish
- Oscillators: 0 Bearish; 9 Neutral & 2 Bullish
- Moving Averages: 11 Bearish; 1 Neutral & 3 Bullish
Fundamentals: SELL
- Circulating/ Max Supply = 54% --> SELL
- 848 out of 1,000 Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto)
- C+ SIMETRY™ Rating (by Crypto Briefing) --> SELL
- BB Rating with stable outlook by TokenInsight
- 79.4% out of 100% Asset Score™ by TokenInsight --> SELL
- No Dynamic Performance Score™ by TokenInsight
AI (Artificial Intelligence) by CENTRALCHARTS: SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): negative
- 4h (4 hours frame): neutral
- D (1 day frame): neutral
- 7d (last 7 days): negative
My Opinion: SELL - Bearish under USD 139.60
My targets: USD 103.47 (-13.1%) & USD 46.98 (-60.5%) from current price level
ZEC/USDT follows a very strong bearish trend since ATH (all time high) on 02/08/2021. Traders may consider only short (sell) positions if the price stays well below USD 139.60 (Stop Loss Level = 1st light green line above current price; +17.3% from current price level). Next support levels are indicated as light red lines in the chart. A bearish breakout below a support line would increase bearish momentum.
Signal Force (0-10): 8 = very strong force
To sum up my opinion: I’m convinced that the ZEC Token is substantially overpriced with the recent PUMP ACTION and will retrace back to it’s lows from before the parabolic move. In the long run it might disappear.
We are currently trading around monthly VWAP. Should we break significantly downwards this would be a strong SELL signal.
Please note that as a Hedge Fund Manager I would NEVER go outright short = only sell short ... I always have potentially overperforming coins or tokens long against the shorts!
The trick is, that (because of good research) the longs perform better than the shorts in all market situations.
Like and follow as the next analysis will focus on over- and underperforming (compared to BTC) Coins or Tokens again.
With this information you'll then be able to go LONG potentially overperforming Coins/ Tokens and to go SHORT potentially underperforming Coins/ Tokens and to do what the big guys do 🤑: Organize your Crypto Portfolio as a Hedge Fund.
Heard about this? With this successful trading strategy😍🍀💵 you'll be able to make money in all market situations and independent from the price action and level!
Happy trading everyone … comments welcome!
Published on 03/03/2021, 00:00 AM (UTC+1)
Scalping idea for ZCASHRising Wedge formation worked. It may still have the chance to visit support point on $103. Or it may complete a small head & shoulders formation.
🔥Global trending Zcash ZEC/USDSupport the idea with like!❤️
#ZEC/USD
📌Global trending ZEC
🔹Analysis: The price has reached the global trend line, in my opinion this is a good point for a long, please note that the asset is moving in an expanding channel. I do not give exact points for entry-exit. Resistance lines - possible sell / correction, you can fix part of the position. All goals are shown on the chart. This is just my opinion, it may not coincide with yours.
LONG ZECUSDTI think this is a good chance beacuse we had a good trend ;
just manage your risk and be carefull
ZECUSDT Broke down trend line and is hovering over key-levelZECUSDT pair broke up the global down trend line and is hovering over the key-level watch for breakout
🔥 ZEC Bullish ChannelZEC has been trading inside this channel since the start of 2021. During the most recent sell-off, ZEC failed to pierce through the lower support of the channel and reversed sharply from said channel.
In case ZEC makes a bearish move in the near future, we're prepared to trade the channel. In case the price keeps on rising this trade will naturally not be executed.
Before entering this trade wait for the price to touch the Entry line.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
Zcash ready to go higherHi guys i think zcash is ready to go higher and touch top of Trend channels, please like and comment and follow me to share more simple analytics and chart with you,
How market makers shake you out - ZECDear traders,
This is an educational tutorial showing you how market makers shake you out of a long position.
Most retail traders would recognize the blue box on the chart as a level of support. Therefore, it makes sense for retail traders to place their stop loss closely below, because in theory the bullish trend should turn bearish when support is broken to the downside.
Market makers know how retail traders think and therefore push the price lower with a wick (as visible on the chart). This wick, which dips below support, causes many stop losses to trigger of retail traders.
When a retail trader's stop loss triggers (of a long position), it turn into a market sell order as many of you might know.
Now.. all these triggered market sell orders create huge buying liquidity for market makers to stack up cheap, without increasing the price instantly, because there is enough buying liquidity (provided by stop losses of retail traders).
Be careful where you put your stop loss. You do not want to give up a great entries in a bull market!
Goodluck,
Doctor Hugo
ZEC Uptrend Formation DiagramHello.
This is just an idea.
It is not investment advice.
Good luck to everyone.
