ZEC is more correlated to BTC than to ETH; and BTC is weak. The trials to break through resistance at fib retracement failed and the price fell back. It´s now on the way to the lower limit of the descending triangle. As ZEC is weak we have to pay attention to this line! If ZEC bounces back then we have new chances to test the upper limit of the triangle. But if...
Great spot for a ZEC long - coiling at long term channel support. Targets $1000+. Timing is tougher to gauge but should get legs soon and reach $1k by March imho. For educational purposes only
OK, so we've got 3 indicators on a 15 min. chart that ZEC is about to burst: 1. Golden cross marked with a red eclipse and green arrow 2. Broke immediate trend line 3. Buy orders stacking up on Bitfinex BIDS: (828.4876 ZEC) vs. ASKS: (129.1559 ZEC) If it goes over the previous high after a recent dip (marked in red horizontal line @ $473.41), we can see up to...
Short term play. Noticed almost every major cap is looking to make an A&E double bottom. There is also the makings of a inverse head and shoulders. Set buys at the 0.618 retracement from the peak bottom we saw yesterday. I think ETHUSD will run up to $1300, BTCUSD to $15,000 this week or next. Long term I am still bearish on the market, but we will see as this...
While looking at both the 45 minute and 1 hour chart for Zcash we can clearly see strong bullish signals,that enables us to look for a good entry point. The price bouncing of the 460($) support level and following the orange upward trendline in combination with the Rsi being on the uptrend and Macd supporting this uptrend movement,allows us to assume that the...
Buy-zone - 650-665 1 target - 720 2 target - 830-850 3 target (bonus) - 1000
ZEC is in a trend between fibonacci lines. It will follow the trajectory of the green arrows, unless another btc crash happens. It's also possible that ZEC immediately goes to the 615 usd fibonacci line. However 560 usd is a strong resistance, so it's likely that it retests 500 first before going past it. RSI supports upwards movement. If I made you money,...
Is Zcash a good bet with the current hype market we are seeing in cryptoland? Probably not, but I'll keep it for now. Fundamental Woke up today, looked at Coinmarketcap and saw the increase in Zcash. Thought to myself, I gotta get an idea out on Zcash . Have had it since start of my portfolio spreadsheet ( much longer in reality but I go with what I can...
We broke the down trend line at the end of decembre, support/ resistances on chart. Waiting for zec to break 0.05 btc RSI going UP Volume is growing 1st TA : 0.08 2nd TA : 0.1 3rd TA : 0.15 ZEC/USD :
Looks like a cup and handle on the daily has formed possibly. It is a very strange looking one, so I'm not sure if it definitely is but the shape is there. Regardless, there is also an inverse head and shoulders bottom that has formed I believe. The pitchfork channel looks like $2000+ is definitely possible, but I am not sure how accurate my projection is. Once...
LONGGGGGGGGGGG accumulation period. If you cant see it take 2 seconds to look at the chart on coinmarketcap and wow, its rode .05 BTC for forever. Now its trending towards oversold over the last month on RSI, HUGE volume uptick, cmc has it at about 10x volume since its last little move up. Not advise, DYOR
Confirmation: 0.050 Target 1: 0.070 Target 2: 0.095 Target 3: 0.150 Stop: 0.045 RSI's look like they are stalling out, but ZEC has found support on the previous resistance line of 0.045 BTC. Hoping for accumulation and strengthening support above this line. A solid break/close above 0.050 btc = its go time.
This is what I have for Zcash, broke my downward trend and crossed the ichimoku resistance, however now it meets the price resistance that it set as limit since December 23. The historical references that I have marked are from the beginning of the Zcash story in Bitfinex, they are really only references although it will be interesting to see if this pair has...
After last major rally, large bullish pennant formed. We've already broken above the pennant and we are slowing at the first leg while preparing for the second leg. See additional updates shortly.
Current position 26 coinmarketcap. Target 0.08 btc- 0.1 btc. good resistance zones 0.236-0.5