ZEC has once again formed an upward wedge after a decline. Trading volumes do not show any interest in price growth. I expect Zcash to decline after it fixes under support.
ZEC recently broke down the ascending trendline before getting instantly rejected, as the market rebound following equity future. Price is showing signs of weakness and i believe price will go down as btc dominance is increasing and dragging down other coins. Opened a short at $50.5, (currently in the red) but will hold it with a TP of $48-46, stoploss at $53
Zcash formed an upward wedge with declining trading volumes. ZEC formed a bearish divergence in volumes (4H and 1H TFs) TD Sequential gave a reversal signal downwards (1H TFs) I expect the price to fall after fixing under support.
... than ending this long downward move with an ending diagonal (marked with a falling wedge which will explode in one direction soon) Lets see how good thing impulse from here. Invalidation recent low! Hold my beer pls ---- No financial advice, do your own research, don't be stupid
🟢 ZECUSDT TF: 12H Side: Long SL: $49.96 TP 1: $59.13 TP 2: $63.63 TP 3: $67.28 A deeper analysis in to ZEC in the 12H time frame and why I think it will have a bullish rally in the coming weeks.
Wait for price to close above resistance level in ZECUSD cryptocurrency market.
Zcash is decentralized, credibly neutral, and, like Bitcoin, has a fixed supply of 21 million Zcash currency units (ZEC). Every 75 seconds, a new block is mined to the Zcash blockchain and a block reward of 3.125 $ZEC comes into circulation. The amount of the block reward cuts in half about every four years until all 21 million ZEC are in circulation. Zcash...
1) Approaching apex of the triangle, roughly less than 25% to go: Any time from here 2) Holding 0.786 locally in the (bull) flag While holding the recent low, a push above the resistance could happen pretty fast in a push or two Hold my beer pls ---- No financial advice, do your own research, don't be stupid
ZECUSDT technical analysis update Buy zone : $59.5 - $61.00 Stop loss : $55.00 TP 1 : $66.00 TP 2 : $72.00 TP 3 : $80.5 Always keep stop loss Thanks Hexa
Lets take a look at LOG SCALE We can see the same rules are being applied in log scale (!) In the impulse we got wave 3 on 4.236 => wave 5 on 8.236: Perfect hits In the final wave of the correction we got wave 3 on 2.618 => wave 5 on 4.236 Conclusion: a) We are ultimately close to the bottom which is already in ($50 mark) OR (if last low breaks) b) Visit...
#ZEC ▪️A very strong level of $50 that hasn't failed in three months. ▪️Good support to buy now, the first target is 70$ Subscribe to not miss new ideas!
before i clear off all the scrimbbling Plus STCKPRO 4/29/22, 05:21 AM $ZEC.X NEW ARTICLE : Zcash Co-founder "John Dobbertin" is Actually Edward Snowden stck.pro/news/ZEC.X/26954156
Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions. Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC),...
Watch pivot point level at price 61.83 for a long entry.
Zcash macro support and and resistance fib levels. still a potential leg to the downside.
ZEC/USD Key support and resistance targets on the H4 chart.. if purple line flips as resistance, expecting approximately 20% move to the downside.
Just a quick update here because there is not much to add really Seems its doing a leading diag possibly as a 3-3-3-3-3 count and now unfolding the final 5th wave. Once we r/s flip $70 its gone. Ideally its gonna break that (for now looking bear) flag to the upside and reclaim that big triangles bottom thereafter. Tiny retrace for a wave 2 and the big show...
ZECUSDT (4h Chart) Technical analysis ZECUSDT (4h Chart) Currently trading at $61 Buy level: Above $61 Stop loss: Below $56 TP1:$64 TP2: $69 TP3: $75 TP4: $82 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts