It just broke major 22$ support.
Next strong historical support 10$
ZEC is on the verge of getting delisted with Binance and just got delisted with OK, and you can see the selling pressure.
This Privacy Project has been a terrible performer. So anticipate more of that trend.
However since it is PoW and has a Halving in just over 1 year, that following supply deterioration should create a pump cycle
In the 12 months ahead prior to halving I will recommend DCA under $30 and then plan to begin selling above $150
O' Barry Where Art Thou?
ZEC is far behind from other alts printing ATL in BTC pair and making a Double bottom at macro range lows after pushing to 0.75 weekly LVL and retracing back to 0.5 Daily any deviation is a buying signal right now it holding above 0.5 daily i will enter after a retest around 27.57 to 34 35 note that for alt trade to go well BTC also need to go same direction witch...
This is one of my most bullish ideas for the next bull run. I've been waiting patiently for this chart to bottom and it looks like we're getting extremely close.
$ZEC looks like it needs to put in one more capitulation low before the real bull run of this charts begins.
I expect the final move to take price down to the $5-7 range and bounce from there to new...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision.
Thank you.
Good luck
A price action above 29.00 supports a bullish trend direction.
Increase long exposure for a break above 31.50.
The target price is set at 33.50.
The stop-loss price is set at 27.50.
Remains above its 200-day simple moving average.
Remaining above this key support will confirm a bullish long-term trend.
Re-test of the 200-day also seems likely.
This analysis is for my own education, I am trying to learn the wyckoff method so please correct me if I am wrong.
Phase A:
We can clearly see the stopping of the previous down trend and the dominany supply.
Preliminary support (PS) is very short lived and followed by continuation of selling climax (SC).
We can see the Automatic Rally (AR) right after the...
Brave, Electric Coin Co. (ECC), and Filecoin Foundation announced they have partnered to bring new innovations to the Brave ecosystem.
Brave revealed plans to integrate the Zcash protocol into its built-in crypto wallet following support from ECC.
The trio will also work together to roll out a new, privacy-based messaging feature on the browser.
Following...
We've opened a buy position on ZECUSD. The price seems to be respecting the support area it's at. We have a stop loss in place and risk management on point. It's important to alwa6apply risk management no matter how sure you are of your trades.
It's not late at all to jump in to buy ZECUSD. Join our VIP channel to know our exact exits and risk control plans....
Zcash (ZEC), like many other alts, is in a narrow downtrend. Volume Metrics show repeated failures to rally from trend resistance is due to low demand at these important junctures. It is obvious smart money is selling into these upthrusts; dumb money buys the top and then back into the wedge they go. Falling wedges fundamentally are bullish. But these bullish...
The massive dump has been caused by miners liquidating. Levered futures players are also getting washed out
Our mission at Electric Coin Co. (ECC) is to empower economic freedom, and to that end, we contribute to and support a fair, open currency to protect the freedom, dignity, consent, and security of people all over the world.
Sensible policy guidance and...
✴️ Zcash Long-Term | Bear Market Over? Think Long-Term
The All-Time Low for Zcash (ZECUSD) was hit March 2020.
This June 2023 Zcash hit its lowest level since that date, a multi-year (3+ years) low.
This low can potentially be the bottom of the consolidation phase before a new bull-market.
There is room for a move such as it happened in early 2020. A bullish...
