The Overview of the ZCASH ZECUSD Megabull to $2,500-2,800Sup everyone!
There is a possibility that ZCASH or ZECUSD reaches an ATH (All-Time-High) in this 2021 Megabull at $2,500-2,800 which would be a whopping 10,000% from the the $21 bottom as seen in my green projection. Of course higher is also possible but if needed I will update this chart near October 2021.
Technical analysis wise we do see ultra TWO bullish long-term bull reversal patterns via a (1) double bottom at $25-19 and a (2) rounding bottom (in blue). This sums it up nicely, the bear market is finally over and the bull market is on!
Buy/Support:
:white_check_mark: $25-19 - HIT / Double bottom
:arrow_forward: $56-50
:white_check_mark: $93-89 - Late risky buy - HIT
Sell/Resistance:
$112-123
$210-225
$405-423
$765-800 - Previous ATH
:arrow_forward: $1,500-1,600 - Rounding bottom textbook target - Sell 10-15%
:arrow_forward: $2,500-2,800 - Megabull Target - Sell 100%* (subject to revision/readjustment if it warrants it as we near October - December 2021)
Hit the like button and the follow button if you like this idea and check our profile for other recent setups for ADA, LTC and ETH and many more!
Best of luck and happy trading!
Carl M.
Zcash
Miss out on Zcash's last pump? It's not too late. ZEC is a buy today after its fall from grace at $120. Think of this as a second chance to get in cheap! This is a massive buy signal on the daily chart.
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🆓Zcash/USDT Analysis (2/2) #ZEC $ZECZEC has formed a support zone with a Diamond pattern around $86 and ZEC will rise over the next few days. Its targets are $140 and $190 zones this February
📈BUY
-Buy: 84-88$. SL if B
-Buy: 100-105$. SL if B
📉SELL
-Sell: 100-105$. SL if A
-Sell: 135-140$. SL if A
-Sell: 185-190$. SL if A
♻️BACK-UP
-Sell: 84-88$ if B, SL if A
-Buy: 56-60$, SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
ZCash (ZEC) one more up leg "invert scale"
Hey trader,
this is the same previous post but in invert scale for visualization in order to see how the waves pattern will look like, and it looks like so familiar that the price might dip (rise) as a high probability! time will tell sooner or later.
the coin since after hitting its ATH price never reversed to any one of the fibo levels so if the reversal happen then expect the 200's levels as a minimum target.
good luck
ZECUSD a massive bullish setupHey friends, hope you are well, and welcome to the new update on Zcash.
Previously I have posted the article when the price action of Zcash formed a big bullish Gartley and so far it has produced more than 122% rally:
The long-term up-channel:
Now on the weekly chart, the price line of ZEC is moving in an up-channel and reached at the resistance, in the meanwhile, it has broken out the 25, 50, and 100 simple moving averages on the weekly chart as well.
A big bullish Shark move:
Now the price action of ZEC has formed a bigger than the previous Gartley pattern on the monthly chart. the price action cannot enter in the negative zone therefore it is not possible that the price action may move more down up to 1.13 Fibonacci retracement level. The priceline of ZEC has found firm support at $20, therefore it can be considered as a maximum extent of potential reversal zone area.
Big bullish Butterfly:
Zcash with Bitcoin pair on 2-week chart has formed a very big bullish Butterfly pattern and entered in the potential reversal zone. This potential reversal zone is very vast and in the Bitcoin market, the ZEC has no significant long-term support as well, however, it is likely to find a trend line support on the weekly chart. Therefore we should be looking for two major signals to buy the ZEC within the potential reversal zone of this butterfly pattern. First, we can wait for the exponential moving average 10 should cross up the EMA 21 on this weekly chart.
Secondly, we can use look at the Ichimoku cloud on weekly chart and wait for the conversion line to cross up the baseline. After these two major signals, we can place our buying orders in Zcash with the Bitcoin market.
Conclusion:
The price action has formed the biggest harmonic pattern in its history. Therefore there are strong chances that in long-term it will achieve the highest price in its history as well.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
Zcash formed bit Shark for upto 2250% bullish rallyHi friends hope you are well, and welcome to the new update on Zcash.
On long-term monthly time period chart, the price action of the ZEC has completed the final leg of the bullish Shark pattern and entered in potential reversal zone.The price action cannot enter in the negative zone therefore it is not possible that the price action may move more down upto 1.13 Fibonaicc retracemtn level. The priceline of ZEC has found a firm support at $20, therefore it can be considered as a maximum extent of potential reversal zone area.
Possible profit and loss ratio:
This trade has a huge profit possibility of 2250%, and the loss possibility is 74%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
ZECUSD (ZCASH) - INVERSE HEAD AND SHOULDERS PATTERN ANALYSIS 🔎
- ZECUSD is printing the inverse head and shoulders pattern.
- This is a trend reversal pattern.
- It is a bullish pattern.
BUY ENTRY ⬆️
- Breakout above the neckline resistance.
TARGETS 🎯
- Horizontal resistance levels (R1, R2).
SETUP INVALIDATION ❌
- Breakdown below the right shoulder support level (S1).
ZECUSDTZcash have to retest the dynamic resistance plotted in chart after that 2 scenarios will be happening
1- the chart cant break the resistance and chart falls more
2- the chart breaks the resistance and do a pull back then go for more
anyway in short term the chart have to retest the resistance in bullish state
$ZEC/USDT 3h (Binance Futures) Symmetrical triangle breakoutZcash has broken out of that symmetrical triangle which looks like a bullish pennant.
Current Price= 111.00
Buy Entry= 110.21 - 107.97
Take Profit= 114.58 | 120.69 | 128.97
Stop Loss= 103.60
Risk/Reward= 1:1 | 1:2.11 | 1:3.62
Expected Profit= +10.03% | +21.26% | +36.44%
Possible Loss= -10.03%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 120h