Pretty great bullish signals on ZEC here. Kumo twist, kumo breakout, and TK cross all occurred around the same daily candle. Breakout solidified and failed to break fib resistance, but successfully tested cloud support shortly. Now looks to be a good entry point as we are still near support and could have a cup and handle forming.
ZEC has bounced off its 100 day moving average (pink line) and found strong resistance at diagonal lines 2 and 3 as well as long term support line z (green). Support is offered by diagonal trend line 4 and long term support line y If the RSI can continue in an upward move above its trendline toward 70, we can see resistance line z approached again. If the RSI...
The king of the dark side is awakening. Bitcoin's archenemy has been summoned to conquer what has been divided and complete what was unintended. Znach, the new challenger, a flying snake, is very different to Bitagon. This dark, anonymous side, is hollow in uncertainties and satiated in mystery. Entry: 0.06-0.07. TP1: 0.08. TP2: 0.095. TP3: 0.112. TP4:...
Short term neutral until ZEC crosses back above the 100 day moving avg (pink line). Watching to see if ZEC follows blue line 4 or blue line 5 (red lines x,y and z will offer support or resistance in zone 4). ZEC has built a pennant formation (blue lines 4 and 5) with nice decreasing volume (red circle zone 4). If ZEC crosses above the upper diagonal trend line #5,...
Zcash was valued way to high when released, which at its time was a genius marketing move, but not so much for the traders. Technical Not much information to go on, chart kinda messed up because of the insane valuation at start. But we have a wedge, and I will be buying the breakout. Looking for it to go as high as 0.145 for this trade. Buy In (0.065) ...
Interesting coin. Nothing more to say so far. Let's see how this plays out. Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts. If you earn...
I've been going on and on about Zcash, I hope some of my followers are in the trade with me and my clients. Great profits already, and more to come with some luck. If we move above resistance after today, we will continue trending up. ZECEUR could easily hit 120-152, and if above that, the weekly could see us hit 220 eur...The first fundamental key level...
Multiple reasons for this trade: Rising trendline since 0.021 bottom remains. Horizontal support at 0.042 A 68 million market cap coin... there's a lot of room to grow here, while alternative cryptocurrency are hot right now Tight stop loss at 0.047 is possible (little loss if the trendline does not hold) Possible BTC correction:
I posted Zcash idea for short position, which was based on the big GAP on daily interval. When I look closely I missed Fibonacci retracement I placed on the chart this time. It is clear that 50% makes strong support,and any losses were rejected by this level. If the Daily candle will close above this level and sustain price above it it is good sign that it will...
Broke up the short term wedge pattern... could see a re-test of highs at 0.077 soon.. 0.0185 is not out of the books ;)
Watching price action here at this level. Will post hourly charts below for trades.
I think there's good odds that is the end of the ZECXBT pullback, so I expect a sharp rally starting tomorrow. I've been accumulating for some time, and my average entry is quite good, and currently in profit, so I am willing to let it run to see if we trigger a new uptrend, in which case I would be adding shorter term trades, aiming to capture the potential...
Looks like a turning point here in the ratio chart of these coins pitted against ZEC. ZECEUR and ZECXBT hit a huge support level which is an ideal long entry, so, if interested in riding the potential uptrend continuation play in it, consider taking at least partial profits from any holdings in DASH or XMR that you may have, to invest in ZEC. It is relatively...
I think ZEC will be an interesting investment, but it's not safe to just enter a big position at market. I'll leave the specifics of the entry and trading strategy for my private signals group. I wanted to share my expectations here, keep an eye on it, don't miss out on the potential upside. Fundamentals are interesting, with the involvement of Zec developers...
Expanse is out of the cave Get a good entry point as this is going to moon soon
Zcash has been quite stable over the past few weeks, but due to the rate of inflation, it will continue in a downtrend. In late Feb, early March, it will find bottom around 0.025 BTC. By mid to late March we will see the price peak in the 0.15 - 0.2 BTC range and then find a new stable price point around 0.07 - 0.1 BTC range.
Promising coin, new unique algo, the only coin with real anon security, dark markets will eat this up driving the price higher but let's look at the charts. Using the Ichimoku cloud for the support we should find out selfs bouncing around this ascending triangle. Key long position will be entered when candles break to the upside of the triangle while remaining...