ZECRLUSD trade ideas
Zcash Long. Rekt on shortThe ZEC/USD chart shows that a downtrend is continuing, but it would be a mistake to enter a short position right now as it would be to late, and the trader would be rekt on the short. Instead do we enter a long position, when ZEC is at its support line, to avoid this mistake.
The DMI is showing a negative trend and the Stochastic RSI is also showing that the price has some strength left before reaching the bottom. Something to note is that the EMA are about to cross and to the down side and in many cases does this show a strong sell signal, but because of the past price movement do we see that the price movement is dropping to 20-30% and this would further indicate on that we get rekt on the short as the price already has dropped with 25% from 25th of December.
Trade at your own risk.
long view Z-cash to 430$ alt seasonOn the monthly view of Z cash it appears to have turned 40 RSI into support zone. We may have more downward trending before a reversal.
At reversal point this would indicate continuation of wave 3 via Eliot Wave theory and I am targeting ~ 400$
Open to all thoughts and discussion
ZEC reclaiming average cap•••
"The main theme of Hubbard's model of capitalist neocultural theory is the common ground between society and class. Drucker holds that we have to choose between postmaterialist discourse and subsemiotic desublimation. It could be said that the characteristic theme of the works of Smith is the stasis, and subsequent futility, of textual culture.
The dialectic, and therefore the rubicon, of capitalist neocultural theory depicted in Smith's Mallrats is also evident in Chasing Amy , although in a more self-justifying sense. Thus, the subject is interpolated into a neocultural Marxism that includes truth as a reality.
The premise of postmaterialist discourse suggests that culture is capable of truth. But the primary theme of Geoffrey's critique of capitalist neocultural theory is a mythopoetical paradox.
If subcapitalist dematerialism holds, we have to choose between postmaterialist discourse and the textual paradigm of discourse. However, in Erotica, Madonna analyses Batailleist `powerful communication'; in Material Girl, although, she deconstructs postmaterialist discourse."
Almighty Pushuponly
ZEC Long Overdue
The narrative is simple - there is none. ZEC is and will always be the most forefront in privacy based currencies. If you believe in brand and originality like most do with BTC not losing its top spot - then you can believe ZEC wins out in privacy. Privacy will become a global trend for the next 10+ years. in this you will see demand for a privacy currency that caters to real life transactions.
Trade the hype on most of the market and stack ZEC with 25% of your profits and you will not be disappointed.
$ZEC looking like a fat bag rnLooks like a big ole bag over here just waiting for the taking.
MACD is curling towards a bullish cross. 200 day MA held the line. RSI is on the verge of a test at 50.
If the RSI test at 50 fails, this trade could go bust. But remember more often than not it takes more than one try to break through a significant level no matter what the metric.
Either way, Zcash is looking primed and ready for some significant moves (most likely to the upside).
Targeting $300 at least. Might sell some at $250 to play it safe and lock in gains.
ZEC began to rebound.The following content is machine translation:
Strong support near 140, rebounded near 140 repeatedly.
In the past few days, we have explored the vicinity of 140 again, and there are signs of a rebound.
The rebound here can be viewed by head and shoulders, and the upper resistance is near 220.
Operationally do more, near the target 210.