Get started
ZcashZcashZcash
#104#104#104

Zcash

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

ZECUSD trade ideas

Zcash (ZEC) to $1500On the above weekly chart price action made a 90% correction with oversold condition (orange column) followed by a consolidation period. That consolidation period has now ended resulting in an excellent buying opportunity. Why bullish? 1) The trend. Lower highs lower lows are no longer since the bottoming candle. A trend reversal was confirmed at the breakout of market structure. 2) Price action is above the 100-week EMA following the 21-week crossing the 50-week. very bullish. 3) Lastly the ZEC/Bitcoin chart. More than 2-years of price action resistance was recently broken following an oversold condition. Fantastic. 1st target $1500 A buy from $103 is excellent if you can get it, unlikely to fall below that in the near term. Weekly ZEC/BTC chart:
BITFINEX:ZECUSDLong
by without_worries
64
*good opportunity to buy Zcash*if we use Gann Fan with Ichimoku here, we can see there could be a good reversal. Look at the yellow vertical line. There was a downtrend in June 5. we set the Highest price and Lowest price when the Kijun Sen breaks upwards, we will set a vertical line on the highest price 1/1 line and lowest price 1/1 when they break each other on the Kijun Sen break Line. Well, there is a downtrend, so we could see a reversal position using Gann fan, based on this strategy i guess Zcash goes up. In the other hand, after 73 days of the highest price on March 28 there is a downtrend now, so i guess we will see a upside reversal in the next days.
BINANCE:ZECUSDLong
by LeatherTrade
Red-Line Zcash Pump June 1st or permanent Rekt Asset What are the economics of Zcash? Zcash's monetary base is the same as Bitcoin's — a fixed supply of 21 million Zcash currency units (ZEC). Every 75 seconds, a new block is mined to the Zcash blockchain and a block reward of 3.125 ZEC comes into circulation. The amount of the block reward cuts in half about every four years until all 21 million ZEC are in circulation. Zcash inflation almost precisely mimics that of Bitcoin. It’s important to note that as new coins are created inflation goes down, and at each halvening the rate drops significantly. As of the Canopy activation, 20% of the Zcash block reward is distributed to a Community Development Fund. For more information about distribution, see the Funding, Incentives, and Governance blog post. How can we determine the amount of ZEC in circulation within transparent and shielded pools? How does Zcash prevent counterfeiting? Zcash miners validate every on-chain transaction. Transactions that involve a shielded address (either sending or receiving) come with a zero-knowledge proof. The zero-knowledge proof ensures that the transaction doesn't violate the "conservation-of-money" rule (i.e. a proof that the money coming out of the transaction is less than or equal to the money going into the transaction). ECC uses Turnstiles as a method of auditing the monetary base in Zcash’s shielded pools. Is Zcash protected against quantum computers? Zcash is better-protected against future (hypothetical) quantum computers than almost any alternative, primarily due to the fact that Zcash addresses ("public keys") do not get posted on the blockchain. Scientists at the Electric Coin Co., and in academia, are actively researching postquantum-secure alternatives to any affected cryptographic components. Members of the community plan to monitor developments in postquantum-secure components, and if/when they are mature and practical, update the Zcash protocol to use them. What is a zero-knowledge proof? How does Zcash integrate it? Zero knowledge proofs are a scientific breakthrough in the field of cryptography: they allow you to prove that a statement is true without revealing the statement itself. Think about this example: if you want to prove you are old enough to drink alcohol, you generally have to show your ID card which reveals a lot of information about you beyond just your age. Your ID card can reveal your address, your face, your height - all of that has nothing to do with your age. A zero-knowledge proof could let you prove that you are old enough to enjoy a cold beer and only that. Zcash uses a particular type of zero-knowledge proof called zk-SNARKs (or "zero-knowledge succinct non-interactive arguments of knowledge"). These zk-SNARKs are used in any transactions that involve shielded addresses. Dive deeper into zk-SNARKs and how they work in Zcash on the explainer page. What mining algorithm does Zcash use? Zcash currently uses Equihash as the proof-of-work for block mining in Zcash. Equihash is a proof-of-work algorithm devised by Alex Biryukov and Dmitry Khovratovich. It is based on a computer science and cryptography concept called the Generalized Birthday Problem. As of May 2018, Zcash's Equihash parameters have been implemented in custom hardware ("ASIC") miners. ECC is closely monitoring the effectiveness of alternative consensus algorithms such as PoS and will continue to evaluate as part of our long-term roadmap to increase scalability and sustainability. What are the general characteristics of a Zcash block? Average block time: 1.25 minutes (75 seconds) Maximum block size: 2MB Block Reward: currently 6.25, 3.125 after November 18, 2020 Each 4 year period, the ZEC creation amount will halve (from 12.5 to 6.25 to 3.125 to 1.5625 and so on).
BITFINEX:ZECUSDLong
by noam_chom
17
Zcash end of awareness phaseZcash made a new ATH in market cap already and has left the awareness phase after a two year accumulation phase right before the halving. Each year in october/november there is a major upgrade for zcash (vertical lines), the red lines show the price of zec at these dates. It has now broken all of these levels. If we use market cap instead of price to draw fib extensions, we get the - 1.618 target at 4.4b (~400$) - 4.236 target at 11b (~1000$) - 17.944 target at 47b (~4000$) These are the levels i am watching and a potential channel forming where price is currently somewhere at the midline This is an update to the linked idea where we were accumulating zcash during the bear market to be well positioned in this phase and participate in the bull now. Fundamentally I recommend to look into the Halo Upgrade electriccoin.co and Unified addresses electriccoin.co The next upgrade should bring - Shieled by default - No more trusted setup - Unified address, one address instead of two - Scaling on chain
BITFINEX:ZECUSDLong
by koryu
7
ZCash: Cryptos continue nosedive!Zcash Intraday - We look to Sell at 108.90 (stop at 114.47) Our outlook is bearish. Broken out of the triangle formation to the downside. Neckline resistance 109.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 109.00, resulting in improved risk/reward. Our profit targets will be 94.10 and 92.00 Resistance: 107.00 / 109.00 / 111.00 Support: 104.00 / 102.00 / 100.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:ZECUSDShort
by VantageMarkets
1