$ZECUSD - Breakout confirmedHello everyone!
This is another altcoin to my watchlist - ZECUSD.
RSI indicates that the coin is currently overbought, hence there should be a slight correction, the lowest to $99.5, however the candle is still above the dynamic resistance (pink), so uptrend sentiment remains.
ZECUSDT
Cup & Handle on Daily - 80% Target MoveTrade Plan
When price breaks HH, .382 Blue Fib
.5 Blue Fib will be our target.
Expect a move based on Fib Timezone 8 (March 11, 2021)
Trade on lower TF, .382 RED is your Resistance, .618 RED is support
ZECUSDT (Broadening Wedge)ZECUSDT (4H CHART) Technical Analysis Update
MKR/USDT currently trading at $91
Buy-level:$85 - $95
Stop loss: Below $76
Target 1: $108
Target 2: $120
Target 3: $140
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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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"
ZECASH is undervalueZcash is one of the cryptocurrency that I hold in the highest estimation.
Before following, the purpose of this analysis is to demonstrate with the Technical Analysis some of the possibilities bringing a complementary study on this asset.
Being useful for you and also if you have liked to tighten the LIKE, comment and share.
Next, ZECASH is in a very large asymmetry, not making clear a pattern.
But we see here in the daily graphic, when the price returns to work above the U$50 it reacts by making bullish movements, but it still can't get out
of resistance.
So here we are presume that it is at the beginning of a potential wave 3 projected to go up to over 200 dollars.
As I said the price is quite asymmetrical, so it is a bit more difficult to control the risk.
On the other hand I see the price going inside a rising channel .
A very strong movement should happen in case it breaks the returning line of this channel.
Anyway, for those who believe in an Altseason, ZEC is a good bet and can give returns of more than 1000%.
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:
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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).