Trade ideas
ZEC Bull ZEC appears to have just entered it's bull cycle in terms of BTC
It also looks like a beautiful market cycle in the USD pair
Just bought a small position and will double it if ZEC gains 10%
15% Stop (soft stop)
100% TP
They're partners with JP Morgan, need I say more?
ZEC is ready for Pump #2It would appear that these Bart Simpson head patterns are here to stay. So, I think ugly looking Inv HS and CS patterns are going to have to be a given. I'll be keeping both of those facts in mind as I identify future patterns. Right now, I think ZEC is about to head up for pump #2.
Tricky Zcash. On the edge of private and legal transactions.Coin of the day is Zcash.
Zcash is one of the privacy-oriented coins forked from the Bitcoin Core, with its unique vision of selective transparency of transactions. The founder and CEO of Zcash Company is Zooko Wilcox-O'Hearn. Its founding team includes cryptographer Matthew D. Green from Johns Hopkins University. Roger Ver was one of Zcash Company's initial investors. Zcash release date is 28 October 2016. Like Bitcoin, Zcash has a total fixed supply of 21 million units. In the first four years, 20% of the coins created in that period are allocated to a "founders' reward" shared between investors, developers, and a non-profit foundation, such way of reward caused an ambiguous reaction and criticism of the community.
What differs the concept of Zcash from other privacy-oriented coins is that Zcash affords private transactors the option of "selective disclosure", allowing a user to prove payment for auditing purposes. One such reason is to allow private transactors the choice to comply with anti-money laundering or tax regulations. "Transactions are auditable, but disclosure is under the participant's control." Wilcox has hosted virtual meetings with law enforcement agencies around the U.S. to explain these fundamentals and has gone on the record of saying that "they did not develop the currency to facilitate illegal activity". It is likely that this vision made it possible to consider listing Zcash on the Gemini exchange.
May 19 - Listing on Gemini. Tyler Winklevoss, CEO of Gemini, commented on Monday: “We are proud to be the first licensed exchange in the world to offer Zcash trading and custody services and look forward to providing customers with a safe, secure, and regulated place to buy, sell and store Zcash, an incredible new form of digital cash.”
June 25 - Overwinter is the first ever network upgrade of Zcash done through a hard fork at the block number 347500 which is expected to be on 25 June 2018. A new feature will be introduced that allows users to set transaction expiry times.
Technicals
ZECBTC had bottomed at the end of 2017 but stayed in the lateral pattern until 2018.05.14 when Gemini announced the listing of the Zcash, which pushed the coin upward with a great increase in volumes. Zcash broke above 100-days EMA and important resistance level 0.04. Regarding almost a 50% growth the coin stays in the lower zone relative to its all-time peak at the 0.17 BTC, which leaves a lot of space for growth. Support for the bullish scenario is 0.035 - 0.04 zone, breakthrough below this zone will change the scenario to further lateral movement or even downtrend. Local resistance 0.045 should be pierced in near-term and forward the price to the 0.05 psychological level.
ZEC very good upward movementI think ZECBTC will strongly go upward in next week. Then it will need a correction and I hope in next up trend we will see 0.1 - 0.15btc price for each zec. Happy trading
Thank you for reading my prediction
If you are agree with me please hit the like button
ZEC very good long term potentialZECBTC is struggling to exit from the 2 MAs (MA20 and MA50) if it will manage to do so we can see a small breakout until MA250 (orange line). After that and a regular correction this coin can do a bull run (which is happening very often to ZEC) and almost tripple its current value.
Enjoy!
ZCASH BY DANIEL BRUNO, CMTCORRELATION SWITCHES FROM POSITIVE TO NEGATIVE
REASONS UNKNOWN
DANIEL BRUNO, CMT
ZCASH: GEMINI EXCHANGE LISTING: 24 HOURS = 43.90% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 43.85% PROFIT!!! IN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
April 14: Zcash releases first Overwinter compatible Zcash release, 1.1.0.
April 16 : Zcash company releases list of merchants who accept ZCash.
April 21: Zcash announces that it aims to offer support for the main 3 platforms Windows, MacOS and Linux as a priority.
April 23: BitOasis digital asset trading exchange lists ZCash.
April 25: Guarda, who recently releases a Zcash mobile wallet for Android.
April 26: Dow Jones Marketwatch is announces it is now watching Zcash.
May 2: Goldman Sachs-backed Circle announced its support for Zcash in Circle Invest.
May 10: Zcash makes an investment in StarkWare Industries a new company developing STARKs. STARKs are a new cryptographic proof system which is scalable, toxic-waste-free, and post-quantum secure.
May 14: Gemini Exchange (owned by the Winklevoss Twins) announces it will list ZCash after recieving approval from the New York State Department of Financial Services (NYSDFS). It will commence trading on the May 22 2018.
Analysis reveals that the increase in the price of ZCASH is being driven by it's listing on the Gemini exchange together with the general price recovery in the cryptocurrency markets.
Zec (pre pump) First cycle completed... soon or later ZEC going to make, what we are all waiting for..
zecbtc long play$zecbtc has brokren through the channel of a triangle that started sometime in feb
follow me as ill be adding my blog and which brokekr i use to trade zecbtc with 100x leverage
ZEc/BTC longI achieved the ZEC profit target yesterday when it reached 0.046sat.
but right now it looks to be a new breackout at.
ZEC 1DZEC saw some very intense buying action during it's time at Consensus. Price shattered through the Kumo and is still stabilizing.
Stochastic/MACD/TRIX all showing bullish signals although, Stochastic is nearing its top and we could see price back down to previous psychological support before deciding where to go next.
Cup and Handle for ZECWe can see a Cup and Handle formatión on the 4H chart.
RSI and MACD on Daily and 4H chart are bullish.
MA 9 cross up MA 21.
0.02965 its a good entry point.ç
Estimated take profit 0.04.
Put trailing stop loss between 0.03 and 0.04.
Thats not a financial advise, its for personal purpouse.
Zcash ready to lift up ?Zcash found support on 61.80% FIB (1D Time frame) and this is great spot to finish 3rd correction wave.
Hammer was created on 61.80% FIB this spot also is supported by bollinger bands and MA 50.
Looking forward to bounce back up from this point
ZEC 4 hourZEC price has been legging down and each low as well as making lower highs as seen by the red boxes.
As for the yellow boxes the one on the left shows us where the price tested the Kumo support, breaking to the downside. After that low was found the price tried to retest at the 2nd box and was unable to penetrate the cloud.
RSI and RVI are both moving in a bearish direction which would confirm that price trajectory in the wedge and a possible bounce from the 0.236 fib level.
ZCash analysisAs seen by the Fib retracements ZCash is really suffering from heavy resistance, as well as several negative technical signs. Add in news about the Bitman Z9 being on the market soon and the fork drama unfolding on the ZCash forums I believe Zcash would be a bad hold right now. It would be healty for ZEC to retest the bottom and either form a double bottom signaling a price strength confirmation, or break through and create lower price. If the ZCash community is divided and a highly contentious chain split/hard fork the price could plummet. I believe the risk to reward ratio for ZEC is unacceptable and will be looking towards ETH or NEO instead.
Due to the aforementioned reasons I will be selling all my ZCash as soon as I can at a somewhat decent price.
I am not a financial advisor and this is not financial advice, just personal opinion.
Good opportunity to buy ZCASH, is breaking a triangle pattern…Good opportunity to buy ZCASH, is breaking a triangle…
Hello guys, we have an interesting chart in 12H ZECBTC, that has developed a triangle patten last days.
ZECBTC has just break triangle pattern, has great probability to go high, marked on the chart possible take profit areas for short term and also more long term trading…
Stoploss should go below the triangle line, always control your risk.
Let’s see how the trade develp next hours!!
Any comment and opinion will be appreciated!!
Good Luck!!
Xavi.
