ZEC has great amounts of volume and RSI has signs of reversal. 1D MACD curling up and broke through several wontrend lines and used them as supports It needs to create an upward channel to push for 236 fib at 3380000 sats
Basically we have seen ZEC take a huge drop from its previous high around 0.170 btc all the way down to 0.017 (a 90% drop). It started to recover and everyone (including myself, see linked chart) hoped that the inverted head and shoulders was going to be its path to redemption. It started to rally with bitcoin's last push upward (mid December) but didn't make it...
and at previous resistance levels. Great risk/reward ratio, near 1:5. Target near 0.035. Zcash generally a weak coin for various reasons so bounces may not last, especially considering broader market.
Following the BTC We are waiting for the test of the level of price imbalance ZEC USD. Support is expected in the region of $ 130, after which there will be a pullback of the price to the top, a retest of the support level and two options for the development of events: the scrapping of the bearish trend or its continuation. All moving averages are bearish. We are...
Following the BTC We are waiting for the test of the level of price imbalance ZEC USD. Support is expected in the region of $ 130, after which there will be a pullback of the price to the top, a retest of the support level and two options for the development of events: the scrapping of the bearish trend or its continuation. All moving averages are bearish. We are...
Not ready for accumulation yet. Areas marked, still bearish.
its gonna fall to support ..ill update shortly cant wait to quit my dayjob ill have more then
ZEC VS. BTC *DISCLAIMER*: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based on speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
ZEC is building a huge falling wedge on the 1W chart. We could see some big moves in the coming months.
This is my analysis for ZEC/BTC, enjoy it. I hope good feedback.
ZCash Zec/USD long, addition to zec/btc chart
Zcash looking ready to bounce back up as i can see end od wave C (durring BTC corection) RSI indicator showing very oversold, just to be safe i would wait for today candle . If 1D green candle will cover red one from last night it would be enought for me to get back in ZEC
Hello everyone! Things are not sure in the zcash-btc match for the next couple of days. On one side, guarding the bottom price range, we have our big support zone, followed up by a 1 day RSI oversold indicator. On top, we have a strong resistance trend line with 1 hour RSI pointing at overbought, price right at the Bollinger band top range and volume steadily...
looks like ZEC want some bounce. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX buy around : 0.34 sell around : ~0.038 ( for %11 profit) OR sell around : ~0.043 ( for %27 profit) stoploss : ~0.0295 ( for %10 loss) XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Make your own research and make your own decision.
If you notice on the 4 hr. chart nice cup and handle formed and now on the way up. Bounced for the second time in the 618 fib and will test the all time highs for the first time. Look for 2 or 3 week trade at 75% or a little less. The upward trend lines also bounced twice if you notice. Remember, I'm no different from anyone else so I have to say it, I'm not your...
ZECBTC Standard triangle pattern. Take light profit!