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ZECUSD trade ideas

Zcash / ZecUSD heading bullish to 100$Hello guys this is just my insight based on my observation on the charts and market. Since we broken the 56$ or above the right shoulder. We are heading to 60$. before we get to the peak we need to hold the 56$ mark. To prove this theory we cant do down 56$ or we will break the pattern. We still have the day to go up and down but since its broken the ice at 56$ i think it will hold if not it can recover. We are heading at the right direction. If this theory proves to hold the said amount after chinese newyear will have a great boost in the market. *this is just a theory and not proven. Your insights are well accepted comment below to share ideas.
POLONIEX:ZECUSD
by markacegalvez
ZEC Kiss Of Death & Betrayal ZEC sees insane sell off on Kraken exchange. Caught my eye and I had to post. Looks like someone actually bought at .22 cents. Must of been the literal God of arbitrage trading. Closed my short term position at $55 with near 100% gains. Still holding long term bags. I am waiting to reenter until market tells us which direction were heading. On Kraken there is no signs of such price on their charts. No wicks with price at $48.5 per ZEC @ time of writing this. I Would love insight as to how this happened? Was it a calculated dump? I don't understand who would sell at such a loss? Is it market manipulation? Either way absolutely savage world of crypto. Hope your buckled in cause this shit is treacherous. Any insights would be greatly appreciated!
KRAKEN:ZECUSD
by MitchMilli
9
ZECUSD: Trend Reversal Chart Pattern and Bullish SignalIf we look at the 4H chart, we will see the Head&Shoulders chart pattern. It belongs to a reversal group of patterns. We need to get a breakout below the neckline, just in order to confirm this pattern. The price tried to break this signal line, but now we have a reversal from this line. It means that a strong bearish signal probably won't be developed into a further downward movement. If so, the false bearish signal becomes a new bullish signal which will be able to confirm the continuation of the uptrend. For this, the price will have to move above the right shoulder. If we talk about a possible buy opportunity, the price reversal from the signal line of the chart pattern can be used to open long trades. Stop orders for such trades must be placed below the local swing low. The profit targets should be at the right shoulder and 65.00 resistance. If the price drops below SMA100, the trend reversal chart pattern will be workable again, and we should be ready to see the downward movement to SMA200. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
BITFINEX:ZECUSD
by DLavrov
4
ZEC Head & Shoulder Pattern ZEC has given investors an exciting start of 2020 with over 100% returns! I believe this coin has a very bright future mid to long term and beyond. Keep in mind ZEC originally hit the market at $2.3 million. It is one of the coins to completely retrace in price and had a beautiful double bottom last December. However, Im seeing a head and shoulder pattern play out on multiple timeframes at the moment. After explosive price action could ZEC be due for some downside price momentum in the coming days? We are still forming higher lows but at the least I'm expecting a move back to the neckline at which point I will be waiting to see how price reacts. A break below the neckline (around $49) would be bearish for the short term. The measured move from the neckline to the top of the head is about 30%. A 30% drop from neckline area would take us to the low $30 range which is near our long term descending resistance line to possibly be tested now as support. (price rejected off of it last year around halloween and again in mid December). Im extremely bullish on crypto but I have been around long enough to realize the market moves regardless of my opinion. Any insight would be greatly appreciated as I am still a student and am always eager to learn and collab with like minded individuals. Thanks for taking the time to read my post! Wish you all the absolute best.
KRAKEN:ZECUSD
by MitchMilli
Disbelieve in Zcash .According history of ZCash I think its his highest point. I remember many manipulating and scamm actions according ZEC . Its cant move higher than actual position in ranking . I draw possible chart cycle . Please read about my recommendation in new crypto market #UVU BUY : www.hotbit.io CHECK :https://coinpaprika.com/coin/uvu-ccuniverse/ SITE : ccuniverse.org I am suggesting to invest in altcoin like : UVU which is new coin but with great perspective. Why UVU ? Because their unique vision based on crypto atm and recharge stations for electric cars . This european project got first successes behind them like listing on big Hotbit Exchange - You can trade there without K-Y-C so registration is easy and fast - brilliant model for less experienced users. Look into it: www.hotbit.io Moreover the price is still cheap it means BIG space to grow . Team predicted that price for 1 UVU should be a round 0.2 USD in March and now its just 0.0028 USD ! Also the cirrculation supply isnt big so it also work for future profit because many coins could be in Yours hand for less payment . Think serious about investition like this ! Also You will help to grow whole market because their mission to assimilate devices like Crypto Atm to local society . coinpaprika.com Check the chart :
KRAKEN:ZECUSDShort
by profitable_Meduza
2