Keeping in mind the relative small size of the crypto market, once this bear cycle has finished, an even stronger bull market will emerge in the wake of the imminent new money. ZEC has finally completed a near perfect .78 fib retracement and is just beginning to settle back into its primary support channel, this provides opportunity for both seasoned day traders...
Hello, Check my TA. On RSI we have trend reversal and oversell. Main aim now is to cross the Ichimoku cloud . Also, it shows double bottom at support level , which can give us another signal to buy. Hope it will help!
Just a very basic and yet a little early to try to forecast what to expect in the next 11 days if the good volume and young trend keep up. Colors are odds.
Descending triangle pattern about to close, it will be likely a downward continuation, however a reversal can occur suitable if holding FIAT. Reversal can be confirmed by MACD, MA20/MA50 crossover and 2 bars closing above resistance (302USD). Check RSI as well.
Zcash is currently difficult for me to evaluate. A short-term recovery to 390 USD is possible. Let's see what happens. Happy trading. :-)
Potentiall seeing a double bottom reversal with ZEC/USD. Clearly can see a bearish run from the peak of 430 down to the low of the first trough at 250. Trough then peaks at around 360 before declining into second trough, reaching a low of about 265. The advance from the trough was evident due to a high amount of buying pressure, which then sees a clear resistance...
The most powerful coin is ready for a huge pump once this triangle is completed. TP1: 440 USDT. TP2: 565 USDT. TP3: 645 USDT. Questions and requests on Telegram. More info in my signature. Song for the ride www.youtube.com
ZEC usually move sideways, and when it does breakout it is fast and furious. Looking at ZEC from another perspective, the ratio of ZEC / XMR and ZEC / DASH we can clearly that this is technically more superior within the basket of anonymous currencies that's generally accepted (eg: listed in bitfinex) It is definitely a buy and hold. $300~$600 is in the books....
Going to new highs, the king of all coins is ready to take the chance. TP1: 0.15. TP2: 0.23. Related idea: Good luck :)
I think ZCASH is undervalued, consolidation seems over. So all signs good vor ZCASH.
Zcash is forming a red triangle while bouncing off of the bottom of zone 3 (lower part of diagonal channel) If we can see enough strength to pass through the 38% fib retracement, the 100 day moving average (pink line) and the red triangle we could see a move to to roughly 110 USD ( line y, 23% ret and upper red trend line resistance). Watch for RSI to approach...
ZEC has bounced off its 100 day moving average (pink line) and found strong resistance at diagonal lines 2 and 3 as well as long term support line z (green). Support is offered by diagonal trend line 4 and long term support line y If the RSI can continue in an upward move above its trendline toward 70, we can see resistance line z approached again. If the RSI...
The king of the dark side is awakening. Bitcoin's archenemy has been summoned to conquer what has been divided and complete what was unintended. Znach, the new challenger, a flying snake, is very different to Bitagon. This dark, anonymous side, is hollow in uncertainties and satiated in mystery. Entry: 0.06-0.07. TP1: 0.08. TP2: 0.095. TP3: 0.112. TP4:...
Interesting coin. Nothing more to say so far. Let's see how this plays out. Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts. If you earn...
Multiple reasons for this trade: Rising trendline since 0.021 bottom remains. Horizontal support at 0.042 A 68 million market cap coin... there's a lot of room to grow here, while alternative cryptocurrency are hot right now Tight stop loss at 0.047 is possible (little loss if the trendline does not hold) Possible BTC correction:
I posted Zcash idea for short position, which was based on the big GAP on daily interval. When I look closely I missed Fibonacci retracement I placed on the chart this time. It is clear that 50% makes strong support,and any losses were rejected by this level. If the Daily candle will close above this level and sustain price above it it is good sign that it will...