For the trend to be bullish, strong bullish candles need to be closed above the $50 resistance zone, to expect further price increases. As long as the specified support level in the range of 41-42 dollars is maintained, we can expect that the direction of the price exit from the range channel will be from above. But in case of selling pressure and price reduction,...
Hi guys , my next idea . If you like what I do, please like it👍 in advance. On the 1D timeframe, a Double Bottom pattern was formed, there was a false breakdown of the neck, but the strength of the buyer was not enough for further growth, now the price is forming a downtrending channel with strong volatility. The bulls are trying to take over the situation again,...
ZEC is trading under liquidity. Price has broken down 200EMA (4H TF). RSI chart is trading in the sellers zone (4H and 1H TFs) I expect the asset to continue to decline.
As with many coins out there right now, Zcash also has a long descending trend line proving troublesome to break. Recent events with ZEC have proven this to be true once again. Price has recently tested this trend line whilst at the same time being rejected by resistance levels at around $48-$50. We do have a nice support line on the underside which should be...
The RSI chart is trading in the bearish zone (4H, 1H and 30m TFs) Price is moving in a downward direction after reaching the upper boundary of the channel. I expect a continuation of the decline.
A bearish flag has been encountered. A bearish flag typically spots a breakdown is likely to occur in case if price breaks out. ZEC/USD to continue lower to 44 on a breach of 44.4 as extra rangebound not ruled out.
This analysis is just my mental and personal idea Please analyze before entering Get approval first
ZEC/USDT ::: Price is forming new roofs and floors in the channel . It can be expected to form a new channel with corrective movements and create an upward trend .
Green box and EQ might be worked as a support level . The bottom of the green box, liquidity zone and around 41.52 will be the points I will observe as resistance. With the loss of 39 (1H) , the first bounce of the price will be around 38 . I wish everyone a good year.
Entry Price = 37.26 Take Profit Price = 47.50
ZECUSDT (4h Chart) Technical analysis ZECUSDT (4h Chart) Currently trading at $38.7 Buy level: Above $38.5 Stop loss: Below $36 TP1: $40 TP2: $43 TP3: $48 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
ZEC is back on the resistance and waiting for a reversal or breakout to happen. Thanks for visiting my tradingview profile. Hope the chart update helps you out. If you like the content do hit the thumbs up and follow me for future updates. 🙌🏻😎 📌For more details regarding this chart update, please message me on tradingview chat. Thank you!
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TD Sequential has formed an up reversal signal (4H TF) Price tests 50EMA as support (1H TF) The RSI chart indicates a transition of the initiative to the buyers (1H and 30m TFs) Price has fixed above 50EMA (30m TF) I expect that the ZEC could start a rebound if the asset fixes above the support zone.
I hope you are fine I have identified a diametric that I think we are in the last wave of this diametric. After the g wave, we can see a drop and move down Comment if you have any questions Thank You
ZEC is trading above the liquidity, which successfully showed itself 3 times as a support zone. A bullish takeover has formed on the 4H Timeframe. I expect the asset could bounce if it successfully fixes above the liquidity zone.
I think it's time to short ZEC and don't miss to set your SL above 46.6$ and set 2X-3X leverage.
Entry price: 41.55 Stop price: 42.09 Take price: 41.13 RSI: 75.35 Stochastic RSI: 88.90 Rsi Divergence: Yes