Alt Coin Analysis - Points out of 10
Date : Since 2016 ( 6 / 10 )
Volume 24 H : 14000 BTC -0.17% ( 7/ 10 )
Available Markets* ( 9 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **20 ( 8 / 10 )
Website ( 8 / 10 )
Type private, untraceable cryptocurrency
Overall ( 8 /10 )
I invested heavily for ZCash in Oct 2017 . Result ? My biggest disappointment in late...
-Zcash retraced almost 100% from wave 1.
-It made an ABC corective wave
-And in macro scale my target for this crypto is 1.6 extension from 1st wave to 2 nd wave.
ZEC continues to show strength even when markets have shown some weakness past 2 days
ZEC has moved above a few resistance levels so far but has gotten rejected at the key supply zone
A break above here could yield substantial gains for longs but we could see a pullback before we move up
For bulls, a pullback to the demand zone below would be the ideal...
Possible flag in progress and possible fake trend line breakout!
Entry Level: between the Support 1=121USD (also the H4 0.618 FIB) and Support 2=118.2USD (also in the Trendline zone);
Take Profit: 146USD - below the Resistance Zone
Stop Loss: 113USD - below the next support zone
Good Luck!
ZEC has been on a tear lately with the listing of ZRX just spurring more excitement in the hopes that it could be next. We could see an inverse head and shoulders diagonally that has played out nicely and broke out yesterday and is currently on its way.
We did run into resistance right way as we can see with that wick straight up to the supply zone but the...
ZEC moved up nicely off the local bottom but found trouble at the EMA, rejecting and falling back into the demand zone.
A bearish pivot candle has printed so far and if we close this way, we could expect to see further downside, possibly down to the lower demand area before seeing a bounce. Of course, it is still early to jump to conclusions but as we have seen...
ZEC popped with the rest of the market early Monday as the crypto market got a resesitation shock. ZEC news recently has been promising and the price hasn't really reflected this, which is normal as we are in a bear market.
We also have the possibility of a Coinbase listing in the near future so picking some up could be a good idea on a dip near the $95 area....
Hey, everyone; so I'll explain to you all below why I'm actually very neutral on ZCash.
As you can see from the picture above, the price has been getting throttled as of recent.
However, more importantly, the price is nudging right up against a really solid support for Zcash.
Now, if the support can hold and the price bounces from here, then the gains will...
After triple top, there is time for a little correction. We have touched 3rd time green zone, but now, the market has no power to make close over the green zone.
We can see a MACD and RSI bearish divergence. The value is getting higher (top), but the indicators are getting lower. They are making a lower lows, but the market has marked a new top at the level 232...
