Trade ideas
Zcash Analysis: Intraday timeframe chart patterns Conclusion for today’s Zcash price prediction: A bullish swing is expected to target between 0.010803 and 0.010560.
The 1 hour timeframe of Zencash (ZEN/BTC) is provided in this analysis with major consideration for the current chart patterns and their possible implications. Previous downtrend is highlighted using the bearish trendline that was successfully broken to the upside on June 27, 2019.
ZECBTC has remained in a sideways trend ever since breaking its bearish trendline with a bullish channel (tentative) identified to provide context for price action. The trajectory expected is indicated on the chart and the region of target for the Zencash price prediction is between 0.010803 and 0.010560.
Patience is also required to see what transpires in terms of entering long (buy) position(s).
A close above ~0.009294 can be used as part of the strategy to buy ZECBTC. Alternatively, a successful retest of the lower boundary of the bullish channel at ~0.008936 provides ground for bullish momentum.
A close below the channel’s lower boundary and also below ~0.008671 implies further downside action in ZECBTC.
ZCASH trend trajectorythis is my expected zcash trajectory after clear break yesterday .
its quite daunting to explain the theory behind "why this angle and direction expectation" . its my own theory and it requires a lot of writing and explaining the logic behind it . maybe one day I will write a book about it.
but for whomever reads . imo zcash now in buy the dip mode . Green line is the support and Red line is resistance for the current started up trend .
this chart is for my personal use , I am making it public only for delete/ tampering protection . lets see how this chart will play the next 8-12 months .
check my earlier trading ideas on this instrument to get the full picture .
$ZEC,Trying to push over resistance at .011 sats w\ good volume$ZEC Trying to push over resistance at .011 sats with good buying volume after bouncing for days on a horizontal channel
Breaking from here could be the start of a run to the upside with first target .0125 (14%)
UCTS Buy signal active on 1D & 6h chart.
#ZEC






















