Symmetrical triangle breakout. Its still very early get in on ZEC now and hold. Now's the time to buy the bottom.
There was a try for a breakout that just failed. The market wasn't ready just yet, thus we are seeing a correction and another test on support. Anything that goes below 60 will hit the bottom trend line followed by the hard support zone. Considering the market stability prior to the crash and low supply there will be a pull back. I'm going to buy anything that...
Missed this, but still a long way up to go. Breakout.
It looks like ZEC could gain few $ in the following days.
uptrend seems to be forming.. next resist isn't until 212 or so on fibonacci retracement
Cup and handle forming.. but not extremely clearly.. if we don't reach 226 soon then we will possibly not see support kick in agin until 176 area though.. then most likely back up.
ZECUSD broke major downtrend, and is now on an uptrend channel. Based on risk/reward, is close to the same level (1) on both entries. ZECBTC is another story. This trade will allow you to diversify your portfolio.
Zcash had a dramatic rally along with the rest of the crypto market. There is still not enough data to post a proper weekly analysis, but based on the rally and crash, major support and resistance levels can be drawn. The $165 has proven to be a major support with some exceptions on the downside. Falling below the blue zone under $140 should trigger stops on...
ZEC Could break out soon.. Follow the channel to short through the rise. Warning: If BTC falls it could either drag it down, or BTC investors could pour into alt coins and cause them to rise. Trade safely my friends.
As you can see ZEC is forming a nice ascending triangle as a bottom formation of its former downtrend. The EMA 9 is about to cross EMA 20, which will hopefully cause a breakout and start an uptrend. If it happens the area between breakout and 200 EUR would be a good entry. Based on the fibonacci retracement I see a possible move towards 240 - 250 EUR zone until...
Inside Downward channel indicator suggesting a possible change of direction requires strong confirmation before clear buy suggest Use candle stick patterns and break outs before buy S1 is in Green R1 is in Red Downward channel in red Please do your own research Best of luck everyone
If ZCASH can stay above baseline support over this test here then I would hope to see the beginnings of a move to the upside.
Keeping in mind the relative small size of the crypto market, once this bear cycle has finished, an even stronger bull market will emerge in the wake of the imminent new money. ZEC has finally completed a near perfect .78 fib retracement and is just beginning to settle back into its primary support channel, this provides opportunity for both seasoned day traders...