After peaking at a parabolic price of 300, ZECASH has been on a weighty downtrend for eons -- trimming down it's valuation every single month and coming back to ground to almost 10x from its peak.
Now, based on recent long term data metrics, ZEC is finally shifting massively after 2.5 years! That's a long wait! This shift is massive -- it's happening for a good...
BINANCE:ZECUSDT
COINBASE:ZECUSD
Hello Traders
💥Long position on ZECASH
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
32.35
🔴SL:
30.32
32.75
33.45
🧐The Alternate scenario:
If the price stabilizes below the...
ZEC saw tremendous volume the whole year, lots of interest.
IMO those buyers wont just sit on it, true uptrend will come, aswell the ZEC ETF from Grayscale played a big role into the buying spree.
Here is a shortterm goal i could see, all details in the chart.
trade safe
I don't think there is a better time to buy ZEC, the historical support has been successfully tested again, the historical trendline is getting closer and closer and I believe that in this cycle or at the latest during the next one we will see this coin return to its former glory. Many think that privacy coins have no future and they are probably right, but this...
For ZEC, we considered two diametric or triangle scenarios, and we had spot purchases on ZEC at much lower prices in VIP.
Considering the overall crypto market scenario, it makes sense to consider a large triangle for ZEC instead of a large diametric.
From the red range, the triangle formed by ZEC can end and ZEC will become bearish in the medium and long...
RSI is showing Zcash is overbought atm. This is a plan:
Sell or short Zcash at 35€ and take finally some profit.
Then see what happens:
- price breaks diagonal, buy back because the price might go up much more.
- price goes down, buy back at fib 0.618, this is 22.5€.
Play it smart, and you always win with this setup. Good luck!
It’s been consolidating in this yellow channel since september 2023 and finally we are seeing a breakout now that most people have completely forgotten about zcash. Target around $50. not financial advice*
Zcash's weekly Ichimoku chart is one of the most insanely bullish looking altcoin charts out there
I'm nerding out on how insane SEED_DONKEYDAN_MARKET_CAP:ZEC 's weekly chart looks.
IF Zcash can close at/above $35.10, it will be the first weekly close above the cloud since December 2020.
ZECUSDT technical analysis update
ZEC has been forming a broadening wedge pattern for the last 450 days. The price is now moving towards the wedge's resistance for a potential breakout, and it is trading above the 100 and 200 EMAs on the daily chart. If a breakout occurs, we can expect a strong bullish move.
Buy Level: $33.00
Stop loss: $25.00
💥ZECUSD 1W-TIMEFRAME ANALYSIS
💗Hello ladies and gentlemen
This is my new idea for 💥ZEC Zcash
I hope my idea is clear
Support me by like and share thank you
Stay Safe💯💲💲💲
Good luck💰😍
Zcash is a cryptocurrency that uses advanced cryptography to protect users' privacy and financial information. It was developed from Bitcoin's codebase as a fork, or alternative, to enhance user anonymity. Zcash was launched in 2016 by the Electronic Coin Company (ECC), which was founded by cryptography expert Zooko Wilcox-O'Hearn
Learn Zcash
WHAT ARE ZK-SNARKS?
The acronym zk-SNARK stands for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge and refers to a proof construction where one can prove possession of certain information, e.g., a secret key, without revealing that information, and without any interaction between the prover and verifier.
Zcash was the first widespread...
ZEC HTF Analysis
Swing Long Trade, Spot Buy
Weekly Liquidity Sweep: External - Bottom
Daily Swing High Liquidity Sweep: Internal - Top
We can take a long entry on retracement in the Displacement + Discount zone (fib OTE level). For reference, entry, SL, DCA, and TP levels are marked on the chart.
#DoYourOwnResearch
Keep it simple! According to the chart, my estimate is to hit the zone in early Feb 2024
Estimate rebound 6x from here > $120 zone
My average entry is $19.7
I think this is the bottom for it in this cycle, next is rebound then the correction zone then bull run.
Disclaimer: I could be wrong, don't invest what you can't handle to lose. Manage your risks.
by the low time frame ZEC showing new volume interest which can allow the volume to increase in the coming time frames.
ZEC will stay interesting for the next increase.
If there is confirmations we will update the chart.
The price has been in a long-term downtrend since its peak in 2021. This is evident from the downward sloping orange dotted lines.
The green horizontal line around $100 marks a significant resistance level, while the red horizontal line around $20 represents a crucial support level.
Relative Strength Index (RSI):
RSI Trend: There is a noticeable bullish...
