Symbol: ZECBTC Clear long downward run it has been. But, we have broke out or Resistance and now are seeing the pullback to old Resistance. This could be a new support swing to the upside. No confirmation on my tools yet but I am just using tech. Analysis. Zcash really needs to create a higher high. Will stay updated on this one. Low cap coin / Privacy opt in...
A puncture and fixation over the level would be a buy signal for me. there will be a clear stop loss. and in the meantime, without a puncture, there's a chance of going down. Friends, thanks for your likes and comments! Good luck with trading!
Hello Traders, Zcash is giving us many signals that is about to revert its downtrend. First we had a beartrap in an important support level, second it is forming a bullish triangle and third is about to break out a downtrend line at the daily RSI. Therefore, bitcoin cash is a currency to pay attention for the next days. Please, push like button and follow us on...
Hi friends hope you are well, here I have found another profit potential trading idea for you and this time I have found a harmonic move by Zcash (ZEC). The Priceline of ZEC is forming bullish Cypher pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. Lets have a look on the Zcash priceline's move: After...
Zcash has a lot, and i mean A LOT of confluence right now. I feel very weird about shorting an altcoin right now but when the TA gods speak, i listen. Reasons to short: - Rising wedge pattern - Quadruple bearish divergence on the rsi - Quadruple bearish divergence on macd - Bearish divergence on the daily - Bearish divergence on the 1 hour - Strong weekly...
Hello guys, So this is the 4th post i will be making as i made post every 4days. The first 3 post i made was 90% accurate results as yesterday i mentioned about the pullback when it reach 70$ and in an instant it blew down as stated on my post it will play around 65-67$ which is our buying period. Are you ready to go up to 80$ in a full swing???? BUY BUY BUY...
Yes we reached our target and so far so good the 2 previous analysis i made happen. For today as were expecting to hit 70 and i am sure we will be hitting if not today by tomorrow. We will be having a pullback at possibly 65-68$ range which will be another buy time for us before it blows to 100. As you notice the chart going to 70$ its almost going beyond the...
DRGNBTC and ZCash have formed a descending scallop of the weekly chart, this may lead to bullish returns in the long term. Highest success rate next to Falling wedges so far. (Higher in a bull market)
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (28.13). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ZECUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (28.13). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ZECUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Conclusion for today’s Zcash Analysis: Breakout from the long term bearish channel implies higher prices in ZCash (ZEC USD). A log scale is used on the Daily timeframe for today’s Zcash analysis. A bearish channel is used to provide perspective for price action starting from June 25, 2019 to October 24, 2019. The bearish channel lasted for about 4 months prior...
Came from the rags to riches Now we got bags and b*tches
Hello, Traders! Monfex is at your service and today we overview ZEC/BTC. Diamond reversal pattern. This pattern also finds support from RSI, the indicator has a certain upward trend, which is a good sign for bulls, but most likely not soon. The support zone ~ 0,004350-4300 Share your thoughts, ideas about the market under the chart. Watch for our Updates...
Technical analysis: . Zcash/US Dollar is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 14. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...
Technical analysis: . Zcash/US Dollar is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 14. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...
How I converted from Zcash to BTC. Last few months I devoted my time to investigate Zcash (going beyond technical analysts) and come to the conclusion that I need to sell all my ZEC position and buy BTC. Since I haven't found concentrated/summarized thoughts at one place, I decided to make a tweet so others can find this useful. So let me name few...
Target --> 140 $ Should not go back below 77 $