ZCash (ZEC/USD) Potential Launch to 40% GainsZCash has been consolidating and it's looking now like it may launch very soon. All eyes are on 'Big Daddy' BTC right now. If the bulls continue to prevail and BTC enters the (v) Elliott Wave buying climax, ZCash should follow. So keep an eye on this set-up for some potential quick profits. 40% is solid, though it very well may go higher. Safe trading and good luck to all!
This is not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
Jalapablo
ZECUSD trade ideas
Zcash: Looking Over the HorizonZcash (ZEC) is basically an anonymous version of BTC, developed using the same codebase, with an emphasis on blockchain transactional privacy. How will it fare in the future? I wish I knew, but of this I am pretty certain: Zcash is currently on the move and like BTC will climb out of its re-accumulation phase to new heights shortly. You can track its trajectory here and set your targets according to your trading style and risk/reward ratio. Keep watching so you don't miss out on all z-cash you can collect as it moons (I know -- that was lame). What can I say? The prospect of making HUGE gains always puts me in a jolly mood.
*Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk.
**If you have patience and you like big wins and big money, follow me. I track all 37 USD-paired cryptocurrencies on Coinbase (and many others) and regularly seek out the most potentially lucrative position/swing trades for you. All my charts are clean, straightforward, and easy-to-follow. My technical analysis is based on a combination of Wycoff market phasing, Elliott Wave principle & Fibonacci ratios. If some of my sell zones seem conservative, it's only because I believe in exiting while still holding the fat money bags! The more intrepid traders can let the winners run a bit longer if they choose. Good luck and safe trading to all!
ZEC bullish trend??A lot of friends have been asking for this...
I don't know much about the fundamentals of this coin.
This is only what I read from the chart.
So in a short period of time
ZEC has been making a nice bullish triangle...
If it breaks up we could see a possible move up to the area around 240 and if there was some huge volume... we could potentially see the price moving around 300...
But first, we need to see it go through the resistance area.
We could also see a breakdown. Then we could see the price moving around 95. Which would be bad.
In long term
ZEC seems in a bullish trend right now. And I think it´s slowly getting to its fair value between 200 and 300.
Time for ZEC to perform.Couldn't help but notice the similarities, we'll see if and for how long history likes to repeat itself.
Personally (wishful thinking alert), I think we'll trade inside the orange box for a few days and shoot up from there. First target would be around 230$ (depending on ZEC/ BTC ) before facing some good resistance.
If this idea is not completely wrong, I'll try my best to update it.
ZECUSD Entry Price 162.17ZECUSD. Entry Candle. Date 2021 April 01. Time 21:00.
Closing Price 162.17
Exponential Moving Average (10) 160.51
Exponential Moving Average (20) 158.63
Low 158.76
Note: You want the closing price to be in the zone area of the two exponential moving average. Or you want the closing price to be above both exponential moving averages. In this trade set up, closing price is above both exponential moving averages. Closing price of the retest candlestick is near the price value of the exponential moving average period 10.
ZcashHere we have a suitable position for set buy zcash/usdt. In weekly time frame this currency broke the neck lone (head and shoulder) and we have also nice a pullback that shadows are obvious in chart that we can understand: we have buy pressure in this point. when we look closely to the chart we can see also a big double bottom. so we can set a but position here until neck line of double bottom pattern.
ZEC Price Forecast A Gain Of 15% In Upcoming Trading SessionZcash price is at $132.13 with a gain of 4.82% in a day. The price of ZEC can encounter resistance while going upside at $170. The bounceback for Zcash can be seen from $125.ZEC price is below 50 and above 100 Days Moving Average. The 50MA (Red) line is at $137, making it temporary resistance for the price. The price is currently observing a strong bullish move and is assumed to give a positive breakout. If the price crosses above 50 MA, it would see a new high being formed.ZEC/BTC pair is seeing a consolidated move and can see a bullish momentum in the future.
Kindly comment your thoughts here