ZECUSDT
Zcash Trading OpportunityThe price bounces from the uptrend line and RSI confirms price reversal. MACD supports upward movement. If the price breaks the resistance zone formed by SMA100 and 200.00 resistance level, it will be a confirmation of upward movement. Buy orders should be placed above this zone at 205.00 level. Stop orders can be at 165.00 level. Profit targets are 300.00 and 400.00 levels. The part of volume can be left for long run.
Zcash Entry LevelThe price is going to break the downtrend line. If the market moves above this line, it will be a signal for opening long trades. Pending orders for buy can be placed above the local swing high. It's 185.00 level. Stop orders must be placed below 140.00 support level. Profit target should be at 400.00 resistance level.
ZCash Correction Wave-B LongRSI is indicating bullish pressure in the ZECBTC pair. Chart data shows we could be looking at a corrective wave-B to revisit or at least kiss the max fibo. This would make sense, as the ZECUSD chart is showing that we may be gearing up for a structural wave 3 that might take ZCash to new all-time highs against the USD. The reason the latter is possible, despite the limits (falling below wave 1 support) within this ZECBTC pair, is that BTCUSD is set for a structural wave 5.
ZCash End of Consolidation (USD Chart)Based on the data I've gathered, we have the final stages of the triangle correction unfolding. Look for bullish divergence on the 1HR from correction wave-C and short at correction point-D. We then want to enter a long position at correction point-E. The major trend line is located at the end here, and we should not see trading below that level.
PLEASE NOTE: the movement in this USD chart is based on price action in the BTCUSD chart. Pay close attention to that pair in order to enter a long trade in the ZECUSD chart.
Zcash Double BottomThe price bounces from 200.00 strong support level. RSI confirms price reversal. MACD histogram supports upward movement. We have buy opportunity and a double bottom is an additional signal confirming trend reversal. DMI allows open long trades. The daily chart is also good for buying. Entry level should be between 220.00-225.00 levels. Stop orders can be placed at 193.00 level. Profit targets are 250.00 and 300.00 resistance levels. The part of long positions should be left for long term.
ZEC the king!Why i put my trust in Zcash? There is many more popular and many more of them have higer dialy capitalization (for example lately LTC took lead over the ETH in dialy price range).
But the Zcash only has got "discovered" and well known resistance points, and has got really high ATH (the LTC got only 95$- I think- which is only about 117% of the current price of LTC (there is also a 100$ level which i do not think will be tought, but it is an issue to concider), if we look at the from the ZEC perspective we will see that the ATH price ~435$ (Bitfinex) is 174% of the current 250$, that is 4,35 more than the ATH of the ATH/CURRENT of LTC - (same thing is for others -let's call them "MAJORS" cryptos, you can calculate for yourself)
So my advice is to HODL ZEC for long position as long as it reach at least 435$, and that will be my 1. TP
I do not concider SL, sorry. ;)
ZECUSD 8h: Zcash undervalued! Target 410 > 620 USD and moreCurrently, it might be interesting to buy Zcash. Firstly, Zash comes with a new technique to exchange Zcash directly with Bitcoin. Secondly, it is technically undervalued. Strong support at 250/240. the 300 have already been positively tested twice. First target ATH 410 USD and then further to Fibo 1.62 at 620 USD.
Let's see what happens. Happy trading. : -)
ZECUSD Until 400 USDBTC Pump So Altcoins will go down.
It's a healthy correction on ZECUSD, we are going back to the red line, if we broke it then we´ll go to the yellow line at 216 USD
TP1: 320 USD
TP2: 324 USD
Keep an eye between 260 and 248 for open a long.
Warning: If BTC keeps pumping we can break the red line so we wait 216 to jump in.
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BTC bombea y las Altcoins bajan
Estamos en una corrección saludable en ZECUSD, estamos regresando a la línea roja, si la rompemos entonces vamos a ir a la línea amarilla en 216 USD
TP1: 320 USD
TP2: 324 USD
Mantenga un ojo entre 260 y 248 para abrir un long,
Advertencia: Si BTC sigue bombeando podemos romper la línea roja, así que esperamos 216 para saltar.
Zcash Buy OpportunityThe price bounces from Kijun line of Ichimoku indicator. DMI confirms trend market conditions and allows trading. It's a buy opportunity and we can try to catch possible upward movement. Pending orders must be placed above the high of the signal candle. It's 271.00 level. Stop orders must be placed below the support level at 253.00. Profit target should be near 300.00 resistance level. If the market drops below 260.00 support level, pending orders for buy must be deleted. New trading opportunity will be at the uptrend line or the kumo.
Zcash Buy OpportunityThe price bounces from 200.00 support level. RSI confirms price reversal in the oversold zone. We have a buy opportunity. Pending orders for buy must be placed at 220.00 level with stop orders below 198.00 level. Profit target is at the resistance level and the part of trading volume can be left for long run.
Zcash Buy OpportunityThe price broke the downtrend line. It's a signal that the market is going to move upward. It's time to think about opening long trades, becasue the market is at the bottom. Entry level should be above 200.00 resistance level. Stop orders must be placed below 140.00 support level in order to pass through a possible deep retracement. Profit targets should be near 300.00 and 400.00 resistance levels.
Zcash Trading IdeaThe market bounced from 165.00 support level and we can expect for further upward movement. At the same time the reversal zone seems more logical place for possible bouncing. This zone is formed by the uptrend line and 140.00 support leve and it's much stronger than 165.00 support level only. That's why we should not be surprised if the market drops to this zone and we see price reversal here. If so, we'll get trading opportunity. Long trades will be opened based on a confirmed reversal signal with stop orders below the local swing low and the uptrend line. Also, for confirmation the up trend, we'll need price breakout above 230.00 level, it's the previous local swing high. If the market can pass this level, we'll be able to add some volume to opened long positions. Profit target for long trades should be near 300.00 resistance level. Also it will be possible to keep some volume for long term trading.
ZEC Channel - In search for Bottom price worth a watchInside Downward channel
indicator suggesting a possible change of direction
requires strong confirmation before clear buy
suggest Use candle stick patterns and break outs before buy
S1 is in Green
R1 is in Red
Downward channel in red
Please do your own research
Best of luck everyone