ZECUSD trade ideas
ZCASH - Sleeping Giant (100% Gains)I am a budding FOREX/ CRYPTO trader, with much of my experience coming from trading CRYPTO markets since 2016. In my Full Trade Setups I provide the Market sentiment, Entry Strategies, Stop Loss and Target Points for the Category of trade I will be posting. Discussion section is included to point out to the Fundamental Outlook.
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Category : Mid Term --- Spot Trade --- ALTCOIN-USD Pair.
Entry : Enter now or Wait for Breakout of Wedge and retest.
Target Zone : 100 - 120$ $ (Weekly Resistance Zone)
stop loss : 1 whole body close below $65
Market Sentiment : Zcash has broken the long term dowtrend line and is forming a monthly scale cup and handle formation. The first ever halving is also around Sept-Oct 2020, so a strong front running of price is expected.
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Discussion : Given the BTC printed a bullish weekly HH disregarding most of the bearish case in coming months, this potential ZCASH setup with upcoming halving has high chance to play out.
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Do your own research. I only post trades I myself take. :) Enjoy.
PULLBACK INFO AND BUY BUY BUY BUY BUY!!!!!Hello guys,
So this is the 4th post i will be making as i made post every 4days. The first 3 post i made was 90% accurate results as yesterday i mentioned about the pullback when it reach 70$ and in an instant it blew down
as stated on my post it will play around 65-67$ which is our buying period. Are you ready to go up to 80$ in a full swing???? BUY BUY BUY BUY!!!!!
Please let me know what you think!!!!!
This is my Zcash Analysis Long termJust sharing my point of view of Zcash. i am just a very beginner at the technical analysis but being in the space for a long time. I did discover the bottom for zcash so now am thinking we are going to see much higher price in Zcash because i think the bull market has just been start. not only Bitcoin wil go up but also some of the best altcoins there will get you a very good investment return. Zcash will have its halving at the end of the year so that will pump the price even more. hopefully my idea will come true and i hope you all guys will get as much gains as possible! :)
Hitting 70$ but beware of the PULLBACK.Yes we reached our target and so far so good the 2 previous analysis i made happen.
For today as were expecting to hit 70 and i am sure we will be hitting if not today by tomorrow. We will be having a pullback at possibly 65-68$ range which will be another buy time for us before it blows to 100.
As you notice the chart going to 70$ its almost going beyond the parallel lines i made as a waypoint, with that said it i think it will have to pullback for the bulls to regain strength also to continue the run.
Let me know what you think on the comments!
Update on ZEC reaching 100$Hello guys,
So far so good on my previous post about reaching 60$ well we are here. Please see the charts and expect a strong wall on breaking 61.50-62$.
At this point Zec may be pulling back to 57-58$ to get some force to break 62$. On my theory it goes 3 times if it cant break ups and downs at 62$ price may go back to the strongest support which is 55$.
Cheers and let me know what you think
Zcash The Stash Looking Nice On The 2 HrHorizontal channel broken and now acting as resistance. Intraday timeframes were showing overbought condition with daily in oversold. Some intraday are still in free fall but the 2 hour is stabilizing. Resistance is now acting as support. Need to break $65 to establish higher high. Eyes on the markets and mind on the money. Seriously though think about a lot more than money ;)
Dow Jones loses 500 points today watch for any correlations in the crypto market. My gut feeling is that there will ultimately be an inverse relation between stocks and crypto. Maybe not in the short term but highly probable long term.