on the ratio maybe its still gotta show more strength
the daily does look good for a test of .015 which likely sends it up to ~.0173 and getting through that area means zec is bullish AF
either way, selling zec under 100$ seems like a shit move
Let’s take a look at the Zcash this time.
It has bounced up from the record low lately.
The price has crossed the previous height for a while.
We need something stronger.
The price should stay above 0.015260 for a couple of bars.
Enter the position above that level when the volume rises.
Here are details of the technical analysis:
• Ichimoku Cloud...
ZEC - Zcash long time downtrend, and now have a good signal for break out the trend with minor uptrend.
we can find a BUY zone around : 14900 ~ 15010 Sats; SELL target: 15850 - 15980 - 167000 Sats. Stop loss at under Support level: 13500 Sats.
Look at Signal and wait BUY more when Confirm break out trend realize.
Buying an upside break after breakout confirmation. Will be buying dips on the Support Trendline
Potential for 25% Short Term Gains
200 DMA Test may bring upto 49% Gains
Extension possible later upto 93% gains
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 52.
. There is a...
Think this goes up again for more % gains vs BTC, think BTC is still okay and going up itself so get to playing alts to make more! I think a higher high and see bear divergence on the oscillators, then a pull back to make a base around 50-80 fibs, then we have a bull year :fingercrossed!
Moving in falling wedge - reversal pattern. Yu can see biggest trading volume since January
ZCASH moves not like the whole crypto-market. If you look at chart ZECUSD you can see squeeze I think this is position liquidation. In my experience, after such a squeeze, an increase occurs.
$ZEC Falling wedge sitting at ATL in Binance.
Completed a bullish ABCD that will try to take off.
Volume is still low. both macd & RSI flat for now.
RSI coming from Oversold levels.
No UCTS buy signal.
We need more confirmation(Volume) but has potential. Stay Alert. #ZEC
ZEC has broken out of downtrend and retesting the trendline waiting for confirmation before entering but keeping an eye on it. Selling volume has decreased with buying increasing. Lower tf indicators look better than higher tf. Could be next to pop in the next few days.
I am looking at Zcash (ZECBTC) on the request of some of my followers and I am seeing some early signals that are pointing to a pontetial breakout to the upside... Potential, because these signals are early which means that they can be easily invalidated.
The stronger the signal, the higher the chances that it comes true and price moves to where the signal is...