The support level of the previous Zcash idea was reached, and the downtrend channel, which was formed after the wedge, was changed. During the decline, the price formed a descending triangle, from which it went down. The 100MA crossed down 200MA on the 4H Timeframe. I expect price to fix under the support level and then reach the target indicated on the chart.
ZECUSD Entry Price 160.67 Target Price 103.80
ZEC/USDT short Entry Range: $139 - 149 Price Target 1: $135 Price Target 2: $130 Price Target 3: $119 Stop Loss: $167
After the double top pattern was formed, the price entered the descending channel and continues to move there. Now we got a reaction to the support level. I expect a retest of the upper boundary of the descending channel, fixation under it and a retest of the support level.
ZEC is at a a level around FIB23.8 zone which is also the support of the ascending channel. This is acting as an important support zone. We hope the Bull will be able to ride this asset up from here. However, the fall may continue if this support zone is broken. KINDLY like, comment, like and FOLLOW.
Hey Guys, sorry, I forgot to post this one. I wrote in my last ZEC post it could be a perfect long or short. I opened a long trade and put in more money now. No financial advice! DOYR! Happy Trading
After retest , i will take long ! Give me like if you agree
looking at my analysis, I would say ZEC has the potential of coming down to $160 zone soon. A rally may follow this fall if all things are equal. this may happen before another rally within the triangle. KINDLY, Like, Comment, Follow and criticize.
Hey Guys, a quick one. I think ZEC will break the trendline and that could be a big short! No financial advice! DYOR!!! Happy Trading!
Zcash Idealism: In November of 2016, journalist Morgen Peck showed up at her friend Molly Webster's apartment in Brooklyn, told her to take her battery out of her phone, and began to tell her about The Ceremony, a moment last fall when a group of, well, let's just call them wizards, came together in an undisclosed location to launch a new currency. It's an...
it has a good support range and can have a good price growth in this area...
As i draw there a channel can be seen and now we are heading to the lowest line of the channel also my Indicator confirm that and give us a buy chance ;moreover, we can notice a range box in H1 RSI as I mentioned for you in the chart. personally i will go long in two steps first one here and the second one is in last Support and i put my SL exactly 5 percent lower...
As the title states, we are at an huge RSI cross for ZEC . My position: T194.47, encompassing 50% of allotted, available trade capital for margin ZEC trades today. Remaining 50% of capital will be placed either directly back T194.47, or I will wait for an eventual drop to the T189.97 level. Let's do this.
Here I go into a detailed overview of how I use the RSI to visually recognize crosses , to forecast price fluctuation. I also go into a bit of detail as to how I believe ZEC is going to be playing out in the coming 1-2 weeks. Be prepared to be long in the short-term, with vigilance as ZEC readies itself to hit its historic downtrend rolling on south from about a...
Upside technical Resistances: TLDR "Its all in your head" 210-215 - 1W ichimoku edge range 235 - 1W BBand Upper 250 - Psychological 300 - Psychological, prior local top 400 - Psychological, prior multi-year top 500 - Psychological 800 - Prior Long Term ATH 2017-2018 meaned wick 1000 - Psychological 1500 - Psychological 2000 - Psychological 2500 -...
I'm getting myself ready for a position. ...You guys ready for Zcash? :)
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Hello every one ZCASH / TETHERUS 🟡Chart is speaking it self! -ZCASH was in an Ascending Triangle -The break out has Already Happened -130$ can be considered a New Support -If AB=CD than the Price Should be able to reach 170$ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck