". There is a possibility of temporary retracement to the suggested support line (0.003339).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. ZECBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
can't drift around at $215 - $230 forever
if it falls under the white horizontal. expect $200 -190
if it breaks up through the white diagonal, expect $300 quickly
EoY target remains $1,000 - assume Bitcoin reverses and prints new ATH in December also
Zcash can coexist with bitcoin. It SHOULD replace bitcoin, it probably won't, but even if it doesn't it will likely start to out perform bitcoin.
Zcash has performed poorly because it had massive inflation comparative to bitcoin. It still does 11%, but exactly like bitcoin has decreased inflation through the halving event so has zcash and it will continue to do...
Hey everyone, I'm new to TA i gathered some knowledge over the past few months, so i feel a bit more confident in sharing knowledge with other people here to.
Any kind of feedback is much appreciated, i love to share things so looking forward to give all i have learned with anyone here ^^
This one is textbook TRENDLINE bullish breakout, followed by heating...
Zcash was built on the original bitcoin codebase in 2016 and was created by professionals from a variety of institutions, for one: MIT scientist John Hopkins. Zcash is similar to many cryptocurrencies, the main difference being its privacy feature, in which Zcash transaction data ARE posted on the blockchain but AREN’T revealing of user’s wallet addresses.
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Hi, in the next couple of days we are getting ready for bullish momentum. We saw the support level $105-107 held very well + the support RSI(45) + SMA50. Now we are getting ready for resistance $149-152. If we break $150, the next target is $230. So be patient and don’t panic 🙌🏼
Hey friends, hope you are well, and welcome to the new update on Zcash.
Previously I have posted the article when the price action of Zcash formed a big bullish Gartley and so far it has produced more than 122% rally:
The long-term up-channel:
. There is a possibility of temporary retracement to suggested support line (0.001673). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. ZCash/Bitcoin ZECBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a...
Here we have a long term long position on ZCASH - weekly chart shows a potential double bottom (formed support) zooming into the lower time frames it looks great. Ill leave the TA to do the talking, will monitor this over the next few days.
I am very confident on the ZEC / USD pair, I expect some long positions to bring some satisfaction into our pockets. If this move is seen by the bulls as an H&S we can see the ZEC move up to the third target between $ 165 and $ 175. I chose this pair as an analysis because Zcash in addition to halving the rewards is still a bit behind the main Bitcoin forks. If...
🌴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...