🌴FREE COIN ANALYSIS🌴
💎Break-in market structure with a higher low and higher high.
💎Buy volume shows the break above the diagonal trendline was genuine; it also gets successfully retested and now piercing through 100EMA.
💎#Zcash Halving event scheduled for November.
💎The market sentiment looks great for BTC <> ALT correlation reverses and altcoins...
This setup seems like a retracement of Zcash on the lower timeframes.
But the whole picture, if we look at 3days timeframe, it`s quite bullish!
Here is what indicators are saying:
Sell on 2 hour chart
Sell on 7h chart
Buy on 3 days chart
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle,...
Sell on 1 hour chart
Buy on 7h chart
Sell on 2 day chart
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Hello, I missed this completely unexpected mini run (at least for me). However, the upside potential is still big as the Halving approaches (as of now it is expected on the 17th of November. Let's wait for a pullback to the 0.007 area to enter or for a decise breakup above the turquoise rectangle identifying a very important support/resisntence area in the last...
The price of BINANCE:ZECBTC looks quite bullish after closing above 50W EMA (green trend line ) after quite a while.
Two possibilities: -
1. Buying the coin above the support when the price retests ✅
2. Or, buying it when the price breaks the resistance ✅
Both the possibilities have a good profit margin! 🎯
Thank you for reading, hope you have a good day!
Staying in the Zcash realm, ZEC/BTC Pair looks to form an Ascending Triangle as well.
Can see it pullback to the support one more time before taking off. Also good fundamentals with the halving coming up in November.
Could give extra fuel for a possible bulltrend.
Close below 6300 would invalidate the setup and possible bulltrend, at least for the short...
As mentioned regarding privacy coins sector (see the linked idea), XMR and ZCASH are my favourite ones at the moment. They show a similar pattern, with a breakout of a descending triangle.
Verge is ofc not considered at it already spiked due to halving
Here is a simple and quick analysis for ZEC BTC who made a bullish accumulation pattern above an important support level, our indicator shows us that we still on bullish momentum.
The target is the next important resistance level and stop-loss must go below the support level.
Push the like button and follow us on TradingView.