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ZEC perpetual future quoted in USDZEC perpetual future quoted in USDZEC perpetual future quoted in USD

ZEC perpetual future quoted in USD

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ZECUSD.P trade ideas

The ZCASH ZECUSD Road Towards the Megabull - Up to 3,000% GainsHi everyone! I have more ALTS charts about to get published in the next few days, so hit up that Like and Follow buttons to receive the latest notifications about what's new from my channel! Now lets dive in the technicals of ZCASH: Short-term, ZCASH has still not broken the previous ATH at $800~ so buying know at $308 is still considered an early entry and you still can make 3,000% in gains if this trade plays out as expected and we top close to $8,000-10,000 by Dec 2021 - Jan 2022. In the incoming weeks, I would expect to see a strong rally (blue fractal for reference) towards the top of the bull parallel channel at $500 and maybe even a break out past it towards the ATH resistance block near $700-800. If we see enough momentum then maybe we can pull up higher and hit $2,000-2,500 but that's to be seen. Meanwhile, the bottom neckline or support of the bull parallel channel should hold through 2021 until the top is in. Once that neckline breaks imo it is likely that the bear market has started. Looking further ahead at the next bear market of 2022-2024, we can expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at $400-300~ ! Best of luck and happy trading! Carl M.
BITFINEX:ZECUSDLong
by BitcoinGuru
19
ZECUSD to push higher???For those onboard ZECUSD has a great run a few weeks ago. This morning it formed an Ascending Triangle and pushed out of the Keltner Channel indicating short term bullish trend. Considering the long term bullish trend as well and especially the delayed sympathy in the price action to BCHUSD, both essentially BTC forks with slightly different functionalities, there's a high probability of a push MUCH higher. IF. If it can break the resistance at 299. Currently it's stalling there at the high from April 17. And 300 has that whole number rejection power. An other concern is the time of day. We're at 6:30pm EST now and sometimes there can be unpredictable low volume pullbacks. If it doesn't make it through tonight I think there's very good chance it will try again in fairly short order. IF we can push through the Double Top we could be home free for a bull run similar to BCHUSD. Price target: 420. :o
GEMINI:ZECUSDLong
by Thundershadow
3