Zcash looks very impulsive to me at the moment. I wasn't expecting such a fast correction down to the .618 fib retracement level but this could mean we could get a big bounce in the next week or two. August should be a good month for Zcash.
With Greyscale and Gemeni being very publisc about how bullish they are on ZEC, I have to assume this structure has a great chance to break up. Shit's about to get real for ZEC =)
Either that bullish divergence is gonna play out or im gonna lose some money, its pretty fuckin simple. A smarter entry may be a break of the upper resistance above .0126 but i sure as fuck aint no dam financial adviser. *This is not a recommendation to 100x long Zcash*
Being all in on Zec since 1 million Satoshi price, I am naturally a little biased. However, there is a bullish divergence on this high time frame Zec/Btc pair. I believe this pair will naturally find a balance at above 2 million satoshis as the zcash halving approaches next fall. Keep in mind how much power and control the Zcash miners have to keep price...
Conclusion for today’s Zcash price prediction: A bullish swing is expected to target between 0.010803 and 0.010560. The 1 hour timeframe of Zencash (ZEN/BTC) is provided in this analysis with major consideration for the current chart patterns and their possible implications. Previous downtrend is highlighted using the bearish trendline that was successfully...
Zcash USD is Daily NEUTRAL and Range Bound, 4Hour BULLISH, 1Hour NEUTRAL
Zcash left accumulation and draw an uptrend ( higher highs and higher lows ) . All impulses are accompanied with good volume We dont have any strong resistance to our way to 140$ .
This is a follow up to the update I posted an hour ago. As shown, there is a clear repeating pattern occurring with a break down from the purple triangles and a later break up from the blue triangles. Following the channel hold which occurred at 106, I expected either a retest of the channel at 107-108, followed by a breakout of the triangle and up towards the 125...
As predicted in my last analysis, Zcash dropped down from the tight area it was in and found support at the bottom of the channel at the 105-107 area. From here Zcash may continue to bounce around inside the area between the bottom of the channel and the blue triangle before a break above the triangle, or it may simply break above the channel. As before, upon a...
Zcash is shown to be in a clear uptrend channel (in black). Despite various movements below the channel and into the black dotted area, Zcash has continued to pull back up into and respect the channel. Currently, Zcash is caught in a tight area and may make a small break to the downside with potential support around 105-107 at the bottom of the channel. If support...
Fundamental Analysis Zcash has shown a positive price trend during the last few days. Recently the Electric Cash project announced that it’s planning “to make Zcash usable by 10 billion people by 2050”, which will require a transfer to a completely new chain. The company is considering implementing sharding and making all transactions private by default, in...
Look at how the ZEC/BTC pattern keeps repeating. This is VERY similar to the XRP/BTC fractal correction pattern too. Both are getting tighter and tighter forming, and in my opinion, are winding down before the next huge impulse blast up!
Hey guys, Zcash now is in the consolidation, wait for more days then you can buy it for 140- 150usd first target!
ZEC going to the support line and look after the green target zone.
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Simple textbook chart here. We have an Acending Triangle. Such chart patterns are usually an indicator of bullish continuation. As you see we are nearing the end of the wedge here...the apex. Note: ascending triangles are usually bullish indicators. #Zcash I also listed some past bullish patterns which as you can see were prominent in this resulted run.
Fundamental Analysis Zcash has been gaining momentum after the release of a new client, which should provide better security for the network. In April, Ycash announced a “friendly” hard fork which will happen on July 18th and launch a new coin. The Ycash project is independent from both the Electric Coin Company and the Zcash Foundation. Zcash holders will be...