ZEC - Strong MomentumUPT: 234
DPT: 188
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
ZECPERP trade ideas
Number Go Up: Zcash ZEC vs Dollars less than 12 million token float.
recent partnership with
Ethereum - Market Cap 365 billion dollars
and Filecoin - 6.7 billion dollars
current Zcash market cap is 1.4 billion
which means to catch up with peers, it should at least gain 400% by end of year
💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (188.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 219.6
TP2= @ 227.9
TP3= @ 248.5
TP4= @ 263.4
TP5= @ 292.1
SL= Break below S2
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💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (188.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 219.6
TP2= @ 227.9
TP3= @ 248.5
TP4= @ 263.4
TP5= @ 292.1
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZEC - First Target $1300Hi this is my new update for ZEC. We have finally broke one of the biggest resistance $170-175 in the ZEC chart and the MACD is turning green and we are getting the bullish momentum again. I expect we are going to fill the gap between $195-225 easily, but a pullback to test the big support level $170-175 is normal. If we break the resistance $230, the next one is $260, but all of the resistances after $170-175 they are not so strong so we can easily break those. My first target for ZEC is $1300 and I have chosen this price target because, if we take the fibonacci from the 12th May that ZEC crashed to the bottom 21th July, we can get a full extension fib 4.236 around $1300 and there are many other coins that they have already reached that point so we can do this too (easy 600% gains). Today we saw good signs for the coins that are lagging behind (Dash up 10%, EOS up 7%, ZEC up 14%, BCH up 11%, LTC up 17%), all I want to say is that the coins that are lagging behind, they are going to have their bullrun (ALTSEASON). So be patient and don't PANIC ;)
Zcash towards $1k by the end of this bull cycleSharing probably one of my worst trades during these past 2 years; trading a small portion of my ETH into ZEC. Still planning on holding my position regardless.
This should turn around sometime (or maybe it’s just hopium). Even if it does not, the risk/reward ratio is favorable for those willing to risk even more of an inflation effect to their ETH stack. I still think the upward movement will be explosive as soon as the market remembers or acknowledges the intrinsic value in ZEC. The technology is there. The team as well. It only needs a push.
Since the COVID March 2020 crash, the ZEC/USD pair has been consistently holding an ascending trend, establishing higher lows. I currently have a target of $1,100 for the end of this cycle at one of the local 3.618 extensions. If market proves to be overly bullish it can go all the way towards the longer macro 3.618 extension at the low $3,000s. A $1,100 target price would definitely rhyme with Bitcoin's rise during the 2013 cycle at which time it also had a similar circulation to what ZEC has today, around 11-13 million. It should be noted that Zcash's minting emission rate is exponentially higher than that of Bitcoin's. Zcash should see its last coin mined by the early 2040s.
I'm still betting on privacy being a crucial element in crypto. If its value is not meant to be realized now during this meme cramped cycle, the odds are ever more increasing for it to be reached in the next one.
What does Zcash has in favor then? 1) Both Ethereum and Filecoin developers have been working on integrating zk-SNARKS. 2) Vitalik has been a big proponent and admirer of Zcash since its inception. 3) Grayscale Investments has also a Zcash exclusive fund. 4) The utility of Zcash moves across multiple industries and goes beyond blockchain and tech; manufacturing, health, education, etc.
It seems like ZEC is in need of a champion. A company like Apple comes to mind. It's either t hat or it will probably keep fading away into a etherless void. While the market chooses memes, even with its share of controversies regarding its launch and founders reward, I choose Zcash long term. It's fundamentally smart and sound.
*Currently planning on holding a Zcash position at least until the end of November.
Zecash Elliott wave projectionAnalysis based on Elliott wave projection.
Black line above May highs are for gradually exiting your position
ZecUsd- Higher after triangle's breakOctober was a very good month for Zec holders, with the price rising 90% from the bottom to the top.
After reaching 189 high, ZecUsd has started to correct and consolidate gains and we can clearly see a symmetrical triangle on our chart.
I expect continuation after the break and 230 zone resistance can be the target
A drop under 150 would negate this scenario
ZEC might be on the verge of breakout from 175 and reach $250ZEC held up well after the initial breakkout and got rejected at 175 now trying again to clear past it.
IF it can manage to clear past $175 two days in a row you can expext a big move up to $250
Target-1 $250
Stop $155
Get ready for a strong Short on ZECUSD!The showed zone is a strong one and you can set a sell limit order on the lower hedge of the zone.
Do risk free and then set a proper trailing stop.
$ZEC Cup n Handle playing outCan ZCash get back to all time highs? Only time will tell. The daily chart is looking pretty good. comment below if you agree.
C&H on ZECUSDAs long as BTC remains in the $57.1-63.8K area the "short" alt season continues!
with the Cup and Handle pattern on Zcash, this may aim for the $240 area!
ZECUSD D1: 200% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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ZECUSD D1: 200% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTING.
🔸 Summary and potential trade setup
::: ZECUSD 1days/candle chart review
::: updated outlook still valid today
::: CORRECTION MODE next 1-3 weeks
::: correction just started not OVER
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near 100 USD
::: entry - after 30% CORRECTION
::: up to 200% gains possible later
::: short-term pullback/correction
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +200% gains
::: details: see chart
::: FINAL TP is 200% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +200% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: PULLBACK/CORRECTION NOW
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ZEC hit tps Zecusd hit tps like anticipated:) zec is for sure bullish and I think Will keep buying! I linked the original idea.
MY MINIMALIST ANALYSIS FOR ZCASH$ZEC
10.30.21
2001H +8 SINGAPORE
THROWBACK THURSDAYS
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
THIS IS AN AREA OF OPPORTUNITY: ZONE FOR AN ENTRY ( PRICE ACTION OF ETHEREUM & BTC GREATLY AFFECTS THIS MARKET)
As the 2 superpowers will accumulate after breaking ATH, we can see ZEC RISE. Just prepare!
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, Fibs, Market Dynamics, and especially trading psychology.
Vive Le Austist!
Note: This CHART is best used without indicators.
Master your Trading Discipline
and Trader's Psychology
Important smart for ZCashTesting resistance of this big ol order block
Time to see if the curse will finally be lifted!
ZECUSD ZCOIN Reverse Head and Shoulders Spotted. Potential $260
Neutral for now
Potentially, a very bullish pattern has been spotted.
Reverse Head and Shoulders
Longer term target also shown
If H&S plays out (big IF), target $260
ZCASH: Redemption in 2021?As the week of the first halving is coming to a close, ZEC is trying to break the 75 USD level. I'm personally not in the business of spotting H&S patterns or channels on the 4HR or 1HR chart, so let's zoom out a bit. Since the January '18 high, Zcash has been in a steady decline. The overall bear market combined with high inflation levels caused ZEC to see one of the biggest declines from ATH among midcap alts, from about 800$ to a low of 18$ in March this year. Since then it has recovered along with the overall market. Increased BTC dominance has further devastated the zecbtc pair to new lows.
My view is that it will take some time for the reduced emission to translate into higher prices (33% to 12.5% inflation post halving). Considering the production cost, price will have to gravitate towards 100$. If the overall market conditions remain favourable, I think ZEC might be set up for a supply shock where price can move toward the green channel or even significantly higher in 2021.
