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Zcash

Zcash Enters Bull Phase, Huge Volume, Gaining MomentumZcash (ZECBTC) just broke the last high and is now trading above EMA100... Momentum is starting to build up. Looking at the volume indicator, the green bars are becoming bigger, strong volume to break above EMA100 and the black trendline, we also have a very strong RSI. Zcash can easily produce an impulse move to the upside next, based on the signals mentioned above. You can find all the main targets and the most important resistance levels marked on the chart. Make sure to leave a comment if you have any questions, it is my pleasure to answer. Namaste.
by AlanSantana
3
ZCASH forming double bottom! Prepare for launch! We started monitoring this asset as soon as it entered the horizontal channel and this was accompanied by the increased volume. The price formation is now looking like a double bottom and the following evidence supporting that: 1) We broke the 50 daily MA line 2) A steady increase in the volume after the second bottom and the current bar is above the 20 MA 3) A steady increase in RSI while the price was forming the double bottom pattern To make an accurate entry we are waiting for the following: 1) Break the resistance of the most recent pick at $32.92 with good volume 2) Re-check this level as a support. Preliminary setup: Entry: 33.00 Take Profit: 39.95 Stop Loss: 30.23 Previous Post +20.97% The analysis is done by Wunderbit Trading For Weekly market reviews join our YouTube Channel: YouTube
Long
by Deobald
1
ZCash GambleI know people haven't been doing much with ZCash and it's gotten destroyed. But here's the thing, we haven't seen a rebound in ZCash basically at all. Technically the RSI is oversold. But that matters very little. It does indicate we'll get a bounce up, but we are banking on that in the coming years with increased global turmoil, we'll see a move back to privacy coins. And with the halving, this could start moving. The all time was at the $800 area and even if it only goes to $120 it's previous high point, we make a VERY good ROI. if you are going to roll the dice, do so with a small amount. Best of luck. -Sherem
BITFINEX:ZECUSDLong
by Sherem
ZEC bullish run has much more leftMulti-timeframe showing a clear bull run with key resistance level broken 2 days ago. Despite, the healthy pullback from what likely would have created an over-extended run. The correction not only brought back experience/successful traders/investors. It is helping provide the necessary strength in what very likely will be strong support in the near and/or distant future. Bulls continue the buying spree and who can stop them. The longer timeframes printing the infamous "bull-flag" that is widely used within the crypto communities. This, undoubtedly, will continue to bring new bulls. Despite, the fact resistance broke and ZEC does have a clear path to its next level(s). Baring, of course, any volatility and/or sudden bull rush in BTC. The tight range-bound BTC has been at; does help BINANCE:ZECBTC amplify the case for the title (of "much more left) of this analysis.
Long
by JPKolanovicMarko