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ZECUSD

ZCASH LONG TERM TREND LINE ANALYSIS This yellow line has been very significant since 2017. For the most part, overtaking this yellow line leads to bullish action with exception to that fake out and capitulation we saw from the March 2020 Covid dump. In the green box we see where this line has acted like significant support and the red boxes display it acting as resistance. The last dump dumped us under the yellow line with no bounce, acknowledgement, or F's given about that line. We have seen a kind of weak bounce and have faced one rejection from that line since the dump. I personally think we have another dump ahead, especially with the pending crypto regulation coming from our well respected Statesman and Commander and Chief, Joseph Robinette Brandon Jr. Before every major move up in the market we first see a flash capitulation dump. If we see another leg down I will expect significant selling to come in and maybe then we will see the bounce. I suppose my bearish bias is bullish sign given how treacherous the marker has been. If we break the yellow line expect what looks like a bull trap then turn into a beartrap on a retest of that yellow line. What are your thoughts?
BITFINEX:ZECUSD
by ceesounds
2
💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (118.5). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ZECUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 129.4 TP2= @ 134.7 TP3= @ 140.8 TP4= @ 145.5 TP5= @ 150.0 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 ❤️
Long
by ForecastCity_World
10
💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (118.5). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ZECUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 129.4 TP2= @ 134.7 TP3= @ 140.8 TP4= @ 145.5 TP5= @ 150.0 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 ❤️
Long
by ForecastCity
4
Zcash versus Dollars on the Pononiex Crypto Altcoin ExchangeSupply side will dry up when the Electric Coin Company confirms the conversion to Proof of Stake Proof of Work miners will be triggered into Holding their coins in order to claim stakes in the future, rather than liquidating them on the market Zcash will also roll-out an upgrade to Have Transaction Privacy by Default, transparency as an opt-in feature Lastly the Breakthrough protocol upgrade to RZKSNARKS - Recursive Zero-Knowledge Succinct Non-Interactive Argument(s) of Knowledge 3,550 new zcash emitted daily, inflation by % is 11, inflated global 24-hour volume remains near 250-400 million dollars the current circulating supply is 11.7 million ZEC, by the end of the year it will be 12 million Price Target is $990 to $1770 within 90 days
POLONIEX:ZECUSDLong
by noam_chom
22
Zcash (ZEC) Analysis Updated 07/03/2021this is an update of Zcash Analysis which we did on 01/02/2021 as we can see our Hidden Bullish Divergence Implemented, price made a rally and higher high, touched the TP Zone Green Box, where we had our 161.8% level Fibonacci projection Triggered. price corrected itself and retraced down to the past ATH and Top of our Ascending Channel, so we got our confirmation for the 261.8% level of the same Fibonacci Projection, which is our new higher TP (250USD) as of now we have total of 3 targets where the 1 TP is the 161.8% of the same Fibonacci Projection where it is very obvious and 2 TP is also well confirmed now. we can target the 3 TP (315USD), after a retracement from 2TP or if the Bull pressure was high, we can simply Trill our Stop Loss and target our ultimate Target. i have linked the previews analysis too.
Long
by BitonGroup
10
Almighty Pushuponly ZEC Long Overdue The narrative is simple - there is none. ZEC is and will always be the most forefront in privacy based currencies. If you believe in brand and originality like most do with BTC not losing its top spot - then you can believe ZEC wins out in privacy. Privacy will become a global trend for the next 10+ years. in this you will see demand for a privacy currency that caters to real life transactions. Trade the hype on most of the market and stack ZEC with 25% of your profits and you will not be disappointed.
BITFINEX:ZECUSDLong
by eternallysleeping
4