The price broke the downtrend line. It's a signal that the market is going to move upward. It's time to think about opening long trades, becasue the market is at the bottom. Entry level should be above 200.00 resistance level. Stop orders must be placed below 140.00 support level in order to pass through a possible deep retracement. Profit targets should be near...
RSI is at the bottom but it's already through top support...
So, maybe expect a short bounce then down to the bottom support?
Who knows if TA actually works this month with $BCC??
The market bounced from 165.00 support level and we can expect for further upward movement. At the same time the reversal zone seems more logical place for possible bouncing. This zone is formed by the uptrend line and 140.00 support leve and it's much stronger than 165.00 support level only. That's why we should not be surprised if the market drops to this zone...
Great long opportunity for ZEC/BTC. Price is currently sitting nicely at the 0.768 Fib retracement level, as well as hovering just above the major resistance line. Previous prices have jumped nicely by about 200-250% after hitting the resistance line. Price will pump to around 0.270 if this trend continues. The price will however need to test and break 2...
This is 1 Day
If it break the green line could go (LONG) profit or short (MARGIN) could be 30 usd for zcash
I have to notice that all the charts I have been working on so far have the same trend as Bitcoin, this tells me two things.
One, is that bitcoin is very young and have lots of young projects
Two, all the other coins (alts) works as pieces of market in...
ZEC Could break out soon..
Follow the channel to short through the rise.
Warning: If BTC falls it could either drag it down, or BTC investors could pour into alt coins and cause them to rise.
Trade safely my friends.
ZCASH is showing signs that its major corrective pullback is over, showing a similiar pattern to ETH we can expect to see a new Impulsive wave forming.
I have marked on the chart my rough idea on where I expect price to go, use as a guide only. I will start accumulating small amounts today through to Sunday.
Looking at mid to long term for now, so prepair to sit...
Price broke 200.00 resistance level and came back higher than MA100. We have a signal that the previous up trend is going to continue. RSI confirmed price reversal from 160.00 level. MACD confirms an upward movement. DMI allows open long trades. It's buy opportunity and we can open long trades above 218.00 level with stop orders below 142.00 support level. Profit...
Price bounced from the uptrend line and diverged with RSI. We got a bullish divergence near the support level. It's a trend reversal signal and we can think about entry levels for long trades. The downtrend line is a barrier for possible upward movement and it will be logical to buy above this line. If price breaks this resistance line, we'll be able to open long...
I'm long $ZECEUR from 225 euros here. I think we might have seen the bottom of the current correction in it, after a 6 week uptrend ended, despite extending gains a bit higher and for longer, it took 6 more weeks from the end of the first forecasted rally, to apparently form a bottom, so, it looks reasonable to assume that the spike in $ZECEUR isn't really...
How is it that one of the most interesting projects in crypto money, Monero (Bitcoin being #1 imo), is valued at less than $1B market cap? Surely it's only a matter of time until Monero's value proposition as a fungible (i.e. traceless & anonymous simultaneously ) is understood and fairly valued by the current wave of newcomers, soon-to-be maturing crypto investors.
Price broke MA50 and it can be a signal for possible down movement to 200.00 support level. MACD lines and histogram confirm different directions of price movement. RSI is falling to the oversold zone below 30 level. In such way when the market reverses, RSI will give good confirmation. As for trading we have 2 variants. The 1st variant is the one that we must...
Hello,
Check my TA.
On RSI we have trend reversal and oversell. Main aim now is to cross the Ichimoku cloud .
Also, it shows double bottom at support level , which can give us another signal to buy.
Hope it will help!
Just a very basic and yet a little early to try to forecast what to expect in the next 11 days if the good volume and young trend keep up. Colors are odds.
![ZECUSDT: ZEC Boost [Market Geometry/EW]](https://s3.tradingview.com/c/CF61ccky_mid.png "ZEC Boost [Market Geometry/EW]")
![ZECUSDT: [GOOD] ZEC/USD (Zcash) forecast next 11 days.](https://s3.tradingview.com/p/Pl9HI5uJ_mid.png "[GOOD] ZEC/USD (Zcash) forecast next 11 days.")
