Zcash($ZEC) Technical Analysis: 15/01/2020
The Zcash (ZECBTC) chart is now printing a very strong bullish candlestick to break above EMA10. We are seeing good volume coming in after a new low was hit yesterday. I can see that bullish divergence is showing with the RSI and yesterday's candlestick was a Doji. Additional details, including targets, can be found on the chart. Feel free to hit LIKE to show...
$ZEC ZCash appears to have broken out of a bullish double bottom pattern, after several months of steady decline. Expecting a quick pump to target, similar to what we saw with $XMR Monero. Classical charting target is $41. Might be worth hodling some though, as a longer term trend reversal may continue. Leveraged ZEC trading available on BitFinex sign up here:...
Hello Community, i would like to discuss the Bitcoin alternatives with you guys. Why are they surging so hard compared to the market? Did i miss anything? Is Bitcoin getting heat from its competitors? Is this a change in Valuetation of Bitcoins longterm Value? Do they have fundamental advantages over bitcoin? Best regards Kai
Buy zone: 38,27 Sell zone: 39,56 Buy zone: 36,71 Sell zone: 38,27 Buy zone: 35,15 Sell zone: 36,71
Didn't expect such a parabolic move but when ponies get out the stable they turn into bonafide justin beiber stallions...
For some time. The curve is flattening
Zcash (ZECBTC) just broke the last high and is now trading above EMA100... Momentum is starting to build up. Looking at the volume indicator, the green bars are becoming bigger, strong volume to break above EMA100 and the black trendline, we also have a very strong RSI. Zcash can easily produce an impulse move to the upside next, based on the signals mentioned...
Zcash($ZEC) Technical Analysis: 13/01/2020
Zcash( $ZEC ) Technical Analysis: 13/01/2020
We started monitoring this asset as soon as it entered the horizontal channel and this was accompanied by the increased volume. The price formation is now looking like a double bottom and the following evidence supporting that: 1) We broke the 50 daily MA line 2) A steady increase in the volume after the second bottom and the current bar is above the 20 MA 3) A...
I know people haven't been doing much with ZCash and it's gotten destroyed. But here's the thing, we haven't seen a rebound in ZCash basically at all. Technically the RSI is oversold. But that matters very little. It does indicate we'll get a bounce up, but we are banking on that in the coming years with increased global turmoil, we'll see a move back to privacy...
Pretty neat to see price action respect that trend line established late May 2017... We have definitely reached a pivotal moment in ZEC Will we see new all time lows or multi thousand dollar Zcash? They say that purple is a royal color.... Don't ask me I'm a peasant... for now ;)