Massive falling wedge in ZEC. Rescoped a little since my last look. THis looks a lot more legit. All the signs are there for a massive run. RSI is fairly strong, stoch allows for growth. Teetering on the edge of wedge resistance. Price has been hanging around above the kumo for weeks.
. Zcash/Bitcoin in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. There is a possibility of temporary retracement to suggested support zone (0.01860000 to 0.01645000). if so, traders can set orders based on Price ...
There is a falling wedge pattern on the 4h TF chart for ZECBTC.
This is a bullish pattern.
I've marked the potential target and stop loss for this pattern.
The TD Sequential and volume also point to a coming breakout.
Let's see how it goes.
You can trade based on this information but make sure to always use a stop loss.
If you enjoyed this chart, hit ...
What is Zcash?
Zcash (ZEC) is a privacy-focused cryptocurrency that was introduced in 2016. It is an implementation of a decentralized anonymous payment scheme known as Zerocash.
Digital currency, Privacy, Anonymity, Governance integrated
Zcash events & roadmap
Zec Move inside Falling wedge since Feb 2018 Reach Yearly Support at ...
Zcash has not reached this price since November 27th, I am personally expecting a rise in Zcash of at least 6% maybe more. Just bought in at 0.0174, waiting until possibly late tonight or tomorrow morning. Very basic charting here
If you are looking for a coin to invest in ZEC is the one. It might seem overbought now due to Coinbase listing but it is only a beginning. At least 20 more % will follow. Check out the week chart to see the big picture. Price is crossing important descending trendline. And it points just exactly to where we are now. It can't be just a coinsidence, not in ...
Old idea for #ZEC, given in Telegram.
Perfect Bearish Cypher Pattern! Zcash have strong FA too, one of the remaining to be listed on Coinbase.
TP1: 0.0190 - reached.
On day chart ZECBTC has completed 1st bearish Bat and then a bullish Cypher however in both patterns it has entered in buying zone.
The oversold condition of RSI and stochastic is also in favor of bullish divergence soon.
Targets are mentioned on charts.
Atif Akbar (Moon333)
A number of interesting signals here. Broken downtrend in RSI & Stochastic charts with both charts now indicating Higher lows. Inverted head & shoulders evident seen on the 3-day chart. Finally bottoming candle about to be tested for third time. I don't think there'll be a forth. Suggested targets at previous support points highlighted.
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell while you get some profit. Good Luck!
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Not going to add anything to this chart besides the red box right now because it is not super needed, there is no reason to be bullish on ZEC until it breaks in the 0.017 price area, that would be the bottom of the red box that is on the chart.
Right now the red box is support turned resistance, and things could be headed down hill for ZEC in the short term, ...