Zcash was consolidating for a long time since 10th of February till 1 week ago. That would be more than 100 days consolidation. Now, after longer consolidation and after regaining 50% in 30 mins time on the 14th of May its was more than clear that Zcash is trying to push up. Made an uptrend from 0.02 Uptrended from 0.0292 touched 0.0456 mark and retraced, but...
Again a short position: Sell: 360 Buy: 315 Stop-loss: 380
Short position: 375 sell Target: 330 buy Term 1-2 day
This spot looks interesting for buying. Falling wedge should give us some action. Breaking from the wedge doesn't mean a move up but we should pay attention to it. Current price looks like a bottom and it is a good time to start accumulating. I bought 25% of my Zcash trading accocation here at $180. I will add 25% more it falls to $160 and another 50% on $148....
Zcash broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 40.8 is possible.
Zcash bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 46.5 possible.
Zcash bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 44.5 is possible.
Zcash broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 36.7 is possible.
Zcash bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 54.8 is possible.
Zcash broke trough off the upper boundary of descending channel. Asset broke trough off the resistance level. Bullish movement to support level at 58 is expected to happen.
Symmetrical triangle on Zcash chart is broken up. Asset broke trough the resistance level. Bullish movement to resistance level at 67 is expected to happen.
Zcash bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 64 is possible.
Zcash broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 87 is possible.
Zcash broke trough the resistance area. Asset broke trough the descending trendline. Bullish movement to resistance level at 127.5 is possible.
After this hard drop on market zec is one of the best coins to trade i think. It's on its trend level support. i can be buyable between 149,50 and 150,50... Sl is 148,90. Tp is gonna be 182 so fast. NOT-TRADE-ADVICE
Zcash broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 100 is possible.
Zcash broke trough off the lower boundary of ascending channel. Asset broke trough the support level. Bearish movement to support level at 135 is expected to happen.
As the title states, we are at an huge RSI cross for ZEC . My position: T194.47, encompassing 50% of allotted, available trade capital for margin ZEC trades today. Remaining 50% of capital will be placed either directly back T194.47, or I will wait for an eventual drop to the T189.97 level. Let's do this.