Zcash (ZEC/USDT) – 30-Minute Timeframe AnalysisZcash (ZEC/USDT) – 30-Minute Timeframe Analysis
We’ve observed an Inverse Head and Shoulders pattern forming in Zcash (ZEC/USDT), signaling a potential bullish reversal. The price has successfully broken through the resistance level, confirming the pattern and indicating a move higher.
The Target
Based on the breakout, the next target aligns with the black level zone, which serves as a key resistance and profit-taking area.
Zec
ZECUSDT: What the Market Is Whispering About Today - Zcash◳◱ On the BINANCE:ZECUSDT chart, the Super Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 66.05 | 73.53 | 93.48 and support near 46.1 | 33.63 | 13.68. Entering trades at 59.68 could be strategic, aiming for the next resistance level.
◰◲ General Information :
▣ Name: Zcash
▣ Rank: 121
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc
▣ Category / Sector: Payments - Currencies
▣ Overview: Zcash is a privacy-preserving cryptocurrency providing anonymous value transfer using zero-knowledge cryptography. The protocol provides the option for transactions to be either shielded, in which case they will be completely anonymous, or transparent, in which case they will be visible on the Zcash blockchain. Zcash pays out a portion of its block rewards, called the "Founder's Reward", to fund protocol development. It currently allocates the Founder's Reward to the Electric Coin Company and the Zcash Foundation who develop and steward the Zcash protocol respectively.
◰◲ Technical Metrics :
▣ Current Price: 59.68 ₮
▣ 24H Volume: 26,131,359.620 ₮
▣ 24H Change: 8.786%
▣ Weekly Change: 4.11%%
▣ Monthly Change: 23.08%%
▣ Quarterly Change: 106.32%%
◲◰ Pivot Points :
▣ Resistance Level: 66.05 | 73.53 | 93.48
▣ Support Level: 46.1 | 33.63 | 13.68
◱◳ Indicator Recommendations :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Summary of Technical Indicators : BUY
◲◰ Sharpe Ratios :
▣ Last 30 Days: 2.32
▣ Last 90 Days: 2.64
▣ Last Year: 1.06
▣ Last 3 Years: 0.01
◲◰ Volatility Analysis :
▣ Last 30 Days: 1.50
▣ Last 90 Days: 1.17
▣ Last Year: 0.94
▣ Last 3 Years: 0.88
◳◰ Market Sentiment :
▣ News Sentiment: N/A
▣ Twitter Sentiment: N/A
▣ Reddit Sentiment: N/A
▣ In-depth BINANCE:ZECUSDT analysis available at TradingView TA Page
▣ Your thoughts matter! What do you think of this analysis? Share your insights in the comments below. Your like, follow, and support are greatly valued and help sustain high-quality content.
◲ Disclaimer : Disclaimer
The content provided is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult a qualified professional before making any financial decisions. Use of the information is solely at your own risk.
▣ Explore the Power of Charting with TradingView
Unlock a wide range of financial analysis tools, data, and features to elevate your trading experience. Take a tour and see the possibilities. If you decide to upgrade your plan, you can receive up to $30 back. Discover more here - affiliate link -
$ZECUSDT : Privacy Coin Ready to Rally?BINANCE:ZECUSDT , a leading privacy-focused cryptocurrency, has demonstrated a strong rebound following a recent market downturn. This resilience has captured the attention of the crypto community, sparking renewed interest in the coin. Technically, BYBIT:ZECUSDT.P has exhibited a pattern of overcoming resistance levels, forming higher highs, and suggesting a bullish trajectory. The current resistance at $80 is a critical hurdle. A successful breach of this level could potentially unleash significant upward momentum. Traders are advised to exercise prudent risk management practices, including setting stop-loss orders, to mitigate potential losses.
COINBASE:ZECUSD Currently trading at $53
Buy level: Above $44
Stop loss: Below $34
Target : $200
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
ZECUSDT Hits All Targets – 940% Profit Secured at 10x!ZECUSDT on the 1-Day timeframe delivered an outstanding long trade setup, smashing all profit targets and securing a remarkable 940% profit at 10x leverage.
Key Levels:
TP1: 41.78 ✅
TP2: 52.53 ✅
TP3: 63.28 ✅
TP4: 69.93 ✅
Technical Analysis:
The trade was perfectly executed using the Risological Swing Trading Indicator , which provided a clean entry at 35.14 with an SL at 29.77. ZECUSDT displayed strong upward momentum, supported by a clear price crossover above the Risological Trend Line, leading to a sustained uptrend. All targets were hit with precision, delivering massive gains.
#ZEC/USDT#ZEC
The price is moving in a descending channel on a 3-day frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 24
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 31
First target 43
Second target 56
Third target 73
Zcash working on filling out right shoulder for next breakout Zcash appears to be forming a special inverse head and shoulders pattern I like to refer to as the sweet dreams or sleepy head inverse head and shoulders as the trendline you draw to highlight the head and shoulders take on a smile face with its eyelids closed. I anticipate even though I already drew the hypothetical length of the right shoulder fairly s that there’s a chance it could break above the neckline after forming an even shorter right shoulder based on some of the recent tiny right shoulders we’ve seen fro the likes of digibyte, atom, cardano and others. Always a chance since it’s left shoulder was tiny that the right one could buck the trend and form a regular sized right shoulder too, either way I’m confident with market conditions how they currently are theat probability favors this pattern breaking out and up eventually. *not financial advce*
ZEC and LINK trying to break outNotice that there is a longer term resistance and then we break through it, well we just did recently, this is a momentum play.
Its possible if we see more market pullback like we did this morning we will need to start looking at finding support and buying the dip instead of just jumping on momentum runs. For now there seems to be no shortage of breakouts happening across crypto to trade on momentum.
You should evaluate these yourself, always DYOR, I am just raising a flag on a couple assets of interest.
Currently on the orderbooks, LINK looks a bit more healthy than ZEC but also this is a break out from an already existing breakout for LINK, it has had more time to build force.
Here is the LINK chart:
ZEC moment to shineKeep it simple! According to the chart, my estimate is to hit the zone in early Feb 2024
Estimate rebound 6x from here > $120 zone
My average entry is $19.7
I think this is the bottom for it in this cycle, next is rebound then the correction zone then bull run.
Disclaimer: I could be wrong, don't invest what you can't handle to lose. Manage your risks.
ZEC/USDT 1D Zcash is a chart I like the look of quite a lot on the 1D timeframe. ZEC has outperformed the majority of the altcoin market since it flipped the 1D 200EMA downtrend into an uptrend.
The 1D 200EMA has been I a downtrend for 2.5 years since the very beginning of 2022! Since then ZEC has bounded off the moving average once with a large wick and now it has just swept liquidity and reclaimed. Waiting for a confirmation of support with some clear closes above. The local double bottom can be seen using the 0.25 line as support. The next resistance level is the 0.5 range midpoint should the 1D 200EMA close above with strength.
It's important to realise that ZEC is still -92% from its $371 ATH, so it has huge room to grow once price has broken the more local range (1.0 level). If the last few months are an indication of the kind of support it has then it's a very good sign IMO. The local range that is
ZEC, shifting after 2.5 years! massive price growth ahead!After peaking at a parabolic price of 300, ZECASH has been on a weighty downtrend for eons -- trimming down it's valuation every single month and coming back to ground to almost 10x from its peak.
Now, based on recent long term data metrics, ZEC is finally shifting massively after 2.5 years! That's a long wait! This shift is massive -- it's happening for a good reason.
As seen on diagram, we are seeing a bear clearance based on long term metrics. Bear dissolvement has been spotted this month, August -- for the first time in ages.
Net buying activity has surge exponentially from the current range signifying renewed interest, and buyers positioning on the enormous growth prospect of the coin.
The RR ratio of ZEC is too attractive to be missed at 8-10x.
The current bargain range is an ideal seeding area.
One of the few coins which boast a juicy RR from this corrective season.
Spotted at 40.0
Interim target at 120.0
Long term at 300.
TAYOR.
ZCASH - Back on historical supportI don't think there is a better time to buy ZEC, the historical support has been successfully tested again, the historical trendline is getting closer and closer and I believe that in this cycle or at the latest during the next one we will see this coin return to its former glory. Many think that privacy coins have no future and they are probably right, but this privacy coin in particular has been chosen by Grayscale and there is a specific fund dedicated to it, so it means that the big names in finance have decided that this will be their favorite privacy coin (follow the money).
Alikze »» TIA | Ready to pullback to the broken structure🔍 Technical analysis: Ready for a pullback from the liquidity zone to the broken structure
- According to the analysis of the previous post , TIA currency is moving in a downward channel.
- As can be seen, lower floors and ceilings are forming, which further reinforces the bearish view.
- Currently, in the 1D time frame, it is in the liquidity zone, which can target 3.17 with a pullback to the neckline and then the green box zone.
- Therefore, in the case of a pullback to the broken structure and selling pressure in the Fibo area of 1.618, it can touch the mentioned targets.
💎 Alternative scenario: In addition, if it can break the neck line, it will have the ability to grow up to the supply area of the previous ceiling and the ceiling of the channel.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:TIAUSDT
ZECUSDT.1DThe chart you've shared for ZEC/USDT on the daily timeframe provides a clear view of Zcash's recent market dynamics, including support and resistance levels, along with technical indicators such as the MACD and RSI. Here’s my personal analysis based on the chart details:
Current Situation
Price Level: Zcash is currently trading at $43.98.
Recent Price Action: The price has shown a noticeable uptrend recently, indicating a resurgence of buying interest.
Support and Resistance Levels
Resistance Level (R1): $51.95
Support Levels (S1 and S2):
S1: $31.20
S2: $15.70
Technical Indicators
MACD: The MACD indicator shows a positive divergence above the signal line, which suggests growing bullish momentum. This could indicate potential for continued upward movement if the trend persists.
RSI: The Relative Strength Index is at 62.39, which is moderately high but still below the typical overbought threshold of 70. This suggests that while there’s buying momentum, there isn’t immediate pressure from an overbought condition.
Analysis and Conclusion
From my perspective, Zcash is currently in a bullish phase, as indicated by both price action and technical indicators. The break above the previous consolidation zone suggests strong buyer presence. However, the upcoming resistance at $51.95 could pose a significant challenge.
Trading Strategy
Bullish Scenario: If Zcash continues to maintain its upward momentum and successfully breaches the resistance at $51.95, it could potentially explore higher price levels. It would be wise to watch for a sustained volume increase as a confirmation of continued bullish sentiment.
Bearish Scenario: On the flip side, if Zcash encounters strong selling pressure near $51.95 and reverses, the price might retreat to test the support at $31.20. A break below this could lead to a further drop towards $15.70, especially if accompanied by high selling volume.
Final Thoughts
Investors and traders should closely monitor how Zcash interacts with the $51.95 resistance level. A proactive approach would involve setting stop-loss orders slightly below key support levels to manage risks effectively. Additionally, it’s crucial to stay updated on broader market trends and news that could impact Zcash’s price dynamics. Always ensure your trading decisions align with your risk tolerance and investment strategy.
ZEC Update (1W)For ZEC, we considered two diametric or triangle scenarios, and we had spot purchases on ZEC at much lower prices in VIP.
Considering the overall crypto market scenario, it makes sense to consider a large triangle for ZEC instead of a large diametric.
From the red range, the triangle formed by ZEC can end and ZEC will become bearish in the medium and long term.
Closing a weekly candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ZCash: The Privacy Coin Backed by Tyler WinklevossRecently, Tyler Winklevoss, one half of the famous Winklevoss twins, extended his support to this often-overlooked privacy coin, asserting that it embodies the essential principles of a free and open society. His endorsement could mark a turning point for ZCash ( SEED_DONKEYDAN_MARKET_CAP:ZEC ), thrusting it into the limelight of the crypto world.
ZCash: A Cornerstone of Privacy and Decentralization
Tyler Winklevoss’s endorsement of ZCash ( SEED_DONKEYDAN_MARKET_CAP:ZEC ) is not just another celebrity crypto shoutout. It reflects a deeper understanding of the coin's fundamental value. "ZCash is one of the most important and underrated crypto projects in the world today," Winklevoss stated. "It brings privacy and decentralization to money, two fundamental building blocks of a free and open society."
In a digital era where every transaction can be tracked, ZCash ( SEED_DONKEYDAN_MARKET_CAP:ZEC ) offers a haven for those who value privacy. Unlike other public blockchain networks, ZCash ( SEED_DONKEYDAN_MARKET_CAP:ZEC ) ensures that users can send, receive, and hold money without revealing their identities. This unique feature has made it a target for regulatory scrutiny, but it has also solidified its position as a cornerstone for advocates of financial freedom.
Shielded Labs and the Future of ZCash
The independent organization behind ZCash, Shielded Labs, is not resting on its laurels. They recently announced the ZCash ( SEED_DONKEYDAN_MARKET_CAP:ZEC ) Sustainability Fund, a significant initiative aimed at ensuring the long-term growth and stability of the project. But that’s not all—Shielded Labs is planning to take ZCash to the next level by transitioning it to a Proof-of-Stake (PoS) consensus algorithm.
Currently, ZCash ( SEED_DONKEYDAN_MARKET_CAP:ZEC ) operates on a Proof-of-Work (PoW) system, similar to Bitcoin. However, the shift to PoS, through a new protocol dubbed "Crosslink," promises to enhance security, scalability, and user engagement. Crosslink will allow users to stake their ZEC coins, increasing demand while reducing the available supply through staking. This, combined with ZCash’s four-year halving cycle, could significantly impact its market dynamics, especially with the next halving event on the horizon.
Zooko, Head of Products at Shielded Labs, emphasized the importance of this upgrade: "Crosslink will deliver many immediate benefits. It will allow people to stake their ZEC, thus increasing demand for ZEC. It will also reduce the supply of ZEC by locking up staked ZEC. It will provide finality, protecting users against rollback attacks, reducing wait times for some transactions, and allowing safer two-way bridges to other networks."
The Broader Implications of ZCash’s Evolution
As the regulatory landscape in the United States becomes increasingly complex, projects like ZCash ( SEED_DONKEYDAN_MARKET_CAP:ZEC ) face new challenges. The Winklevoss twins have been vocal critics of what they see as the government's heavy-handed approach to crypto regulation. Their recent criticism of Operation Choke Point 2.0 and the crackdown on crypto-friendly institutions reflects their commitment to preserving the ethos of decentralization and privacy in the crypto space.
ZCash’s evolution from a PoW to a PoS system is more than just a technical upgrade—it’s a strategic move to secure its future in a rapidly changing industry. As more users stake their ZEC, the network becomes more robust, and its decentralized nature is further strengthened.
A New Dawn for ZCash?
With Tyler Winklevoss’s endorsement and the upcoming upgrades spearheaded by Shielded Labs, ZCash is poised to reclaim its position as a leader in the privacy coin market. While it has been underrated for too long, the project’s focus on privacy, decentralization, and now sustainability, could finally give it the recognition it deserves.
Technical Outlook
ZCash ( SEED_DONKEYDAN_MARKET_CAP:ZEC ) has experienced a 3.53% increase at the time of writing, despite the global downturn in the cryptocurrency market, which has seen a decline in most Altcoins. The daily price analysis reveals that ZCash ( SEED_DONKEYDAN_MARKET_CAP:ZEC ) currently holds a Relative Strength Index (RSI) of 77, signifying an overbought condition. This prompts consideration of two potential outcomes: a retest of the support level due to the high RSI, or a surge to new highs.
With the support of influential figures like Winklevoss and a clear roadmap for the future, ZCash might just be the dark horse that surprises everyone in the crypto space.
In a market obsessed with the next big thing, sometimes the most revolutionary projects are those that remain true to their original mission. For ZCash, that mission is clear: to provide a private, decentralized, and sustainable financial system for all. And with the upcoming changes, it’s a mission that is more relevant than ever.
ZECUSDT Broadening Wedge PatternZECUSDT technical analysis update
ZEC has been forming a broadening wedge pattern for the last 450 days. The price is now moving towards the wedge's resistance for a potential breakout, and it is trading above the 100 and 200 EMAs on the daily chart. If a breakout occurs, we can expect a strong bullish move.
Buy Level: $33.00
Stop loss: $25.00