Update - Aiming around .01I have been tracking this pair for some time now. In my previous post, I stated that an upward break from the bottom pattern would likely be resisted from the pink line that I have now dragged out on the log scale. This line was significant to me back in October as it was initially acting as a rising support in the symmetrical triangle that was formed from the first touch below .0037 BTC, which I was calling the bottom. The price broke down below the pink line and acted as resistance before price fell sharply on the bitcoin short squeeze from About 7.5k -10.5k in a single day. When the price ZEC did break out of the bottom pattern, we can see it was resisted by this pink line. Now the line is sitting just under .01 btc. This could act as a short term target from here. Take it for what it is worth...it is just a line ;)
Trade ideas
Zcash Gains MomentumZcash (ZECBTC) is now gaining momentum.
Here we are looking at the daily timeframe and we have strong bullish signals.
Prices are now aiming at the 0.786 Fib. extension or EMA300 (grey line).
ZECBTC can easily produce a short-term retrace after this level is hit. Everything is pointing up.
Previous analysis:
Namaste.
My Current View For Zcash (Chart Mapped)Here we have the chart for Zcash (ZECBTC).
We have bullish indicators and prices challenging resistance.
The immediate resistance is now EMA200 (0.005663).
ZECBTC will continue to push up until this level breaks.
If not enough momentum can be gathered, prices will retrace before the next try.
We remain bullish even if prices drop below support.
We expect a strong bounce after if such a scenario comes to pass (blue arrow).
Namaste.
ZEC/BTC 500%-1000% within one Year According to my Analysis#ZECBTC 2020 Best TA update:
According to me ZECBTC is best coin for 2020.
#ZEC I am waiting for best opportunity for my entry zone.
best entry for me 0.003-0.004 BTC.
If my entry will hit then this will Best Buy zone.
so I placing bid.
I will accumulate more ZECBTC if more dip will come.
Support: 0.0036-0.00400BTC.
Targets : 5x-10x within 1 year.
Not financial Advice
#DYOR
Please like and follow me for latest crypto updates.
Thank you for your appreciation.
Is Zcash Setting Up The Play?Symbol: ZECBTC
Clear long downward run it has been. But, we have broke out or Resistance and now are seeing the pullback to old Resistance. This could be a new support swing to the upside. No confirmation on my tools yet but I am just using tech. Analysis. Zcash really needs to create a higher high. Will stay updated on this one. Low cap coin / Privacy opt in coin
----------------------------------------------------
Want to level up your trading skills?
We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal.
Also checkout our trading indicator available in the link on our page.
---------------------------------------------------
Thank you for your continued support, God bless.
- Major League Trader
ZECXBT - Dead Cat Bounce Or A Selloff Bottom?Beginning on April 8th, 2020 at around 19:30 EDT, KRAKEN:ZECXBT began a major ascent from 0.00510 XBT that crested at 0.00576 XBT. Soon thereafter a selloff occurred which brought us back down to rest just above where the previous jump occurred. But is it just a " dead cat bounce " or is this the bottom of the selloff? We should find out before much longer.
As a general rule, remember the words of Warren Buffett: “Fearful when others are greedy and greedy when others are fearful.”
Beautiful LONG Opportunity Based on Support [QUICK UPDATES]Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
Just found this support zone for ZEC that already got confirmed with a small bullish candle on the 5m, leading to a nice scalp opportunity. See the chart for information on stop loss, take profit, and entry positions.
--- What is The Quick Update Series All About? ---
I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
About the links below:
20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes
Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
ZEC/BTC TA Update (awaiting bullish pattern?)ZEC/BTC
ZEC is on a downward action after making multiply series of lower highs and lower lows.
But on the bullish side, the price action is still descending channel
which by the technical side has a high probability to break in the upside once reached the endpoint.
If the ZEC will keep falling and unable to break this channel,
I'm eyeing a drop to 4200-4000 sat levels before we might see a potential reversal.
As of now, the game is to wait and be patient until the opportunity presents its self.






















