$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
ZECUSDT
ZECUSDT - Symmetrical triangle Analysis 🔎: ZENUSDT is consolidating in a symmetrical triangle pattern.
Breakout is imminent.
Bullish ⬆️: breakout above the symmetrical triangle's inclined resistance.
Bearish ⬇️: breakdown below the symmetrical triangle's inclined support.
Possible breakout price actions are indicated by the arrows on the chart.
Targets 🎯: Bullish ⬆️ - horizontal resistance levels (R1, R2).
Bearish ⬇️ - horizontal support levels (S1, S2), fibonacci extension levels.
ZEC in a beautiful canalZec is in a very beautiful canal which is very clear. There we are in a triangle or we must wait if it comes out from the bottom or the top.
If it comes out the bottom then TP: $ 75
If it is from the top:
TP: $ 127
And if we break the canal from the top, it's: $152
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Good trade for all !
Z cash, possible downtrend incoming.I have noticed a correlation between the movement of price and the ichimoku cloud with Zcash imparticular, the hourly shows a clear downtrend in the near future.
I notify you of bullish moves in the market so I think its only fairthat I notify you of bear markets, I don't think this is a permanent bear trend, but it may be a critical stop point you may want to consider if you are not wanting to sit through a dip Buy low, sell high is the game friends.
ZCASH Bull Flag Formation can take us higher.ZCASH has been forming a bull flag pattern over the last couple of days and could take us another leg up. $ZEC as a whole looks bullish as its been in accumulation for 2 years and is looking to break out. If you'd like to see the 2 year chart I made some analysis on that on my previous post. Thanks.
tip: who care about privacy!! analysis of Zcash ...( ZECUSDT)What Is a 🌟Zcash 🌟?
Most blockchain projects in the world have similar ideas and applications, but there are a few that stand out with a number of unique features, one of which is Zcash.
Zcash is a decentralized peer-to-peer payment network and a cryptocurrency with the acronym ZEC. This cryptocurrency is a fork from Bitcoin and its number of units, like Bitcoin, is limited to 21 million units. In fact, bitcoin codes have been used to make Zcash.
Zcash, like Bitcoin, has its own blockchain and is based on mining. A feature that sets it apart from Bitcoin and many other currencies is the ability to conduct private transactions.
Unlike bitcoin, which has transparent transactions, smart users can enjoy complete privacy in transactions. In Bitcoin, you can track a transaction and view assets at an address, but according to the Zcash development team, it is possible to hide everything on the Zcash network.
F or people who do not want their transaction details to be disclosed, Zcash can be a good option.
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❇️Quick Technical analysis
Zcash registered positive gains across a turbulent broader market.As you can see in the chart, the cup and handle pattern is formed, which promises growth in the not too distant future and completes the movement of the pattern.
in the 4-hour chart showed that ZEC has been on an uptrend since the beginning of the month, posting solid gains during this period. In fact, ZEC’s weekly gains of over 67% were the highest among most cryptocurrencies. For now, the market’s bulls have a strong grip over the crypto’s price, with the latter showing no signs of slowing down in the near term.
The Relative Strength Index was moving north towards the overbought zone, a sign that the price could surge even higher before an eventual correction.
The Parabolic SAR’s dotted markers were below the candlesticks, confirming the bullish nature of the price.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
ZEC 12h "Feast at a time of plague" Growth and delistingThe previous ZECUSDT idea clearly worked out towards the target of $50.
However, the clouds over the coin never cease to gather, because on 1 January 2021, Bittrex claimed that it will remove the anonymous coins Monero (XMR), ZCash and Dash on Friday, 15 January at 23:00 UTC. Then the value of all coins sharply fell, but ZECUSD did not update the low , it was the first bell that there might be growth.
The same thing happened the other day in the DASHUSDT pair. The day before the growth start, we warned with the idea that you can quickly earn +60%, whoever wanted and believed - became richer in a matter of days)
It looks like ZECUSD is being artificially pushed upwards to sell it expensively before delisting.
The upper target of this growth is $125, it is better to say goodbye to the ZEC before this level and look around. Will delisting of anonymous coins be Bittrex's sole campaign or other exchanges will support the negative.
A break above $125 will quickly push the price up to $150, but a correction to the range of $80 is more likely.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Offshore to the top floor - ZECDear traders,
Intro: My name is Hugo, I am 24 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
Analysis: Zcash's volume profile (VPVR) is at the bottom, which might indicate more buying volume than selling volume. Beautiful patterns recurring as pointed out on the chart and fundamentals are, in my opinion, really good. Big players (Grayscale & Gemini) do not seem to care about Bittrex delisting the coin (Tweets of Barry Silbert and Tyler Winklevoss, respectively). Been accumulating this coin for a long time now... Hope it will take off. This is my short-term target, for long-term targets check out Path's chart ;).
Conclusion: Up only, buy.
Goodluck,
Doctor Hugo
Edge on ZEC breakoutBought at 72,90 (green line) and stoploss 1 ATR under orange trendline at 47
4D Stacked market structures:
- Breakout triangle upside
- Breakout resistance
- Breakout Pivot Point line
- Breakout EMA 21 and 50
- MACD bearish momentum decrease
Target 1 PP line R1
Target 2 89,8
Target 3 94,4
Target 4 109,4
ZEC The level $84 will decide the mediumterm price movement fateIf we analyze the previous idea , we see that after the level $66 did not let the price move up, a fall began.
But the ZEC value did not reach the desired target of $43.
For the third time, someone was actively buying a coin at $50-51.
As a result: a smooth growth to the level $66, and after the halving on 17 November, the growth greatly accelerated, reaching $90.
Also, the price entered the sales zone, which was mentioned in the previous idea.
If the ZEC price fixes above $84 , we can consider long at least at $100 and globally - $150.
The fall scenario from the current price to the first logical target from below will be to $50-51 , where the stubborn buyer was sitting).
And then it already depends on what you believe in. Will Bitcoin and altcoins grow or fall anytime soon?
ZEC Price at Resistance | holding ema 200zec coin price holding above the ema 200 also at very critical level
As you can see red zone is very important zone for price to climb , if zec coin price close above this red zone it can move higher
and after breakout price can easily touch 90 - 100$ in short time
zec coin chart looks perfect, our plan is watching the bounce with breakout of resistance and buying the retest of the red zone will wait for the daily close above this zone than we will enter long trade
zec available on binance future platform you can check it out
binance future is very risky so don't use blindly
LONG ZEC BULLISH DIVERGENCEIf you have been following me you will have seen I love trading divergences. I have spotted an exaggerated bullish divergence on the 4h ZECUSDT pair. This divergence is also present in lower time frames.
There is also a double bottom and we might see a decent pump on this pair.
I take profits along the way but the ultimate target is the previous local top.
This is not investment advice. Please manage your risk and don't put more than you are willing to lose.