$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
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.
ZECUSDT - where is support now? What's next??#ZECUSDT - zeecash is just near to his current supporting region that is mentioned on chart
That will be our key region for next move to any side.
Keep close that don't hold buying below that region.
One more important thing that below 54.30 we will go for cut n reverse on confirmation.
Good luck
Trade wisely
ZEC USDT Spot trade | 2000% or ATH Potential in 2025 Bull MarketZEC/USDT is showing potential for a 2000% rally or reaching its ATH in the 2025 bull market. Zcash, known for its strong privacy features, could see a boost in demand as market conditions turn bullish. Technically, watch for ZEC breaking key resistance levels and holding above long-term support zones for confirmation of the trend reversal. 📈 #ZEC #Crypto #ATH"
Buy in dip and hold in spot
#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
Here I buy Zcash at $46Here I buy Zcash at $46
My buy orders are starting from $46
Sell orders getting filled
I think I'm triggering a Zcash supply shock now.
Yeah, uh-huh, you know what it iiiiiiiiiiiis
Everything I do, I do it biiiiiiiiiiig
uh-huh, screaming: that's nothin'
When I pulled off the lot, that's stuntin'
SEED_DONKEYDAN_MARKET_CAP:ZEC #ZEC #ZCASH
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, 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.
ZECASH long setup / 1:1 SettingBINANCE:ZECUSDT
COINBASE:ZECUSD
Hello Traders
💥Long position on ZECASH
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
32.35
🔴SL:
30.32
32.75
33.45
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
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).
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
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
Will ZECUSDT Break Out or Face a Reversal? Yello, Paradisers! Are you ready to navigate the turbulent waters of the #ZECUSDT market? Let's dive into the latest analysis!
💎#ZEC is currently forming a broadening wedge pattern, approaching a critical resistance area. A successful breakout above this resistance would validate the pattern, signaling a strong bullish momentum. This could lead to significant upward movement, potentially reaching our target resistance area.
💎However, if ZEC fails to break through and faces a hard rejection, we might see the price retesting the demand area around 28.6. This could be a pivotal moment for ZEC, as it would need to build new momentum here. If ZEC fails to rebound and breaks below this demand area, it could be a bad sign, potentially revisiting the Bullish Order Block (OB) area around 23.30.
💎For the bullish scenario to remain valid, ZEC must bounce back from the Bullish OB area and reclaim the 28.6 demand zone. The bullish outlook would be invalidated if ZEC breaks below the OB area with a daily candle close. In this case, the highest probability is a further downward movement and a potential dip.
Remember, patience and strategic planning are crucial in navigating these markets successfully.
MyCryptoParadise
iFeel the success🌴
#ZEC/USDT SHORT TRADE IDEA#ZEC/USDT SHORT TRADE IDEA👹
Leverage: 20x
Entries: $30.22
Take profit 1: $29.55
Take profit 2: $27.86
Take profit 3: $22.37
Stop Loss: $32.84
BINANCE:ZECUSDT.P
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
ZEC LONG PlanZEC HTF Analysis
Swing Long Trade, Spot Buy
Weekly Liquidity Sweep: External - Bottom
Daily Swing High Liquidity Sweep: Internal - Top
We can take a long entry on retracement in the Displacement + Discount zone (fib OTE level). For reference, entry, SL, DCA, and TP levels are marked on the chart.
#DoYourOwnResearch
Trading Analysis of ZEC/USDT (Zcash)The price has been in a long-term downtrend since its peak in 2021. This is evident from the downward sloping orange dotted lines.
The green horizontal line around $100 marks a significant resistance level, while the red horizontal line around $20 represents a crucial support level.
Relative Strength Index (RSI):
RSI Trend: There is a noticeable bullish divergence on the RSI indicator. The price has been making lower lows while the RSI has been making higher lows, suggesting potential upward momentum.
MACD:
The MACD line is below the signal line, but there is a narrowing gap, indicating a potential bullish crossover in the near future.
Histogram bars are getting shorter, indicating a reduction in bearish momentum.
Volume:
A significant drop in trading volume compared to previous peaks, suggesting reduced trading interest but also less selling pressure.
Fundamental Analysis
Launch: Zcash is one of the oldest cryptocurrencies, launched in October 2016.
Purpose: Zcash focuses on privacy and anonymity. It uses advanced cryptographic techniques to offer users the option of "shielded" transactions, which allow for completely private transactions.
Technology: Zcash uses zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge), a novel form of zero-knowledge cryptography.
Development Team: The Zcash team is known for its strong cryptographic research background and continuous improvement in privacy technology.
Market Sentiment:
Zcash remains a well-respected project in the cryptocurrency community, especially among those valuing privacy.
Regulatory pressures on privacy coins could affect Zcash, but its advanced technology keeps it relevant.
Increased demand for privacy in the digital age could bolster Zcash’s adoption.
Price Goals
Support Level: $20.00 - Holding above this level is crucial.
Immediate Resistance: $25.00 - Breaking above this could lead to a short-term rally.
Medium-Term:
Next Resistance Level: $40.00 - This is a significant level from a previous consolidation phase.
Long-Term:
Major Resistance: $100.00 - This level aligns with the historical high and could be a long-term target if the bullish trend continues.
The technical indicators suggest a potential reversal in the bearish trend, primarily supported by the bullish divergence in RSI.
Fundamentally, Zcash remains strong due to its unique privacy features and continuous development.
Price targets should be approached with caution, considering both the technical levels and broader market conditions. A break above the immediate resistance could signal a stronger upward move, but sustained momentum will be key.
Investors should keep an eye on trading volumes, market sentiment, and any regulatory news that could impact the privacy coin sector.