ZEC has been consolidating after its 100% move for almost 2 weeks now. Whales have probably filled their bags at 6863 level, as well as at the bottom side of the wedge. Once we close above the topside of the wedge, as well as the strong resistance of 7255 we can expect a big move up. You can stop out below the bottom side of the wedge, or below the support level,...
Here we have ZECBTC (Zcash), one of the strongest altcoins within the cryptocurrency markets.
We can look at multiple signals here starting with EMA300 (grey line). This level is working as resistance and stopped ZECBTC from growing... This is clearly marked on the chart.
If EMA300 can be conquered, we will see prices flying up fast. But if instead EMA300 is too...
Zcash (ZECBTC) just broke the last high and is now trading above EMA100... Momentum is starting to build up.
Looking at the volume indicator, the green bars are becoming bigger, strong volume to break above EMA100 and the black trendline, we also have a very strong RSI.
Zcash can easily produce an impulse move to the upside next, based on the signals mentioned...
The Zcash (ZECBTC) chart is now printing a very strong bullish candlestick to break above EMA10.
We are seeing good volume coming in after a new low was hit yesterday.
I can see that bullish divergence is showing with the RSI and yesterday's candlestick was a Doji.
Additional details, including targets, can be found on the chart.
Feel free to hit LIKE to show...
this is the reason why you should hunt macro frames not micro
masses crying about new lows, reality is- we're in a macro channel
zoom out = woke
anger, depression, fear of buying something that seems to be dropping endlessly. For all I know, is that ZEC involves the biggest parties, minds, and the MMs are relentless on this one.
This is nothing but a...
ZCash seems to be close to finish its Elliot Wave 2 in a huge bullish triangle. It would be an excellent coin to invest in the near future.
We suggest to open long when it break out of those triangle or when it goes to the base of the tiangle.
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ZEC has been in a downtrend since ever.
Some corrections but never bullish.
ZEC will halve around the end of 2020 and with this halving the founder reward should also come to an end. Both factors could enhance the price action over the next 10 months.
If these are wolf waves the potential upside target is massive high. Naturally this target is completely...
4H hollow candles
once the price broke downtrend line, we might see a breakout.
price broke uptrend parallel channel before.
Bearish MACD might cross
3 target areas