ZECUSD trade ideas
ZEC and LINK trying to break outNotice that there is a longer term resistance and then we break through it, well we just did recently, this is a momentum play.
Its possible if we see more market pullback like we did this morning we will need to start looking at finding support and buying the dip instead of just jumping on momentum runs. For now there seems to be no shortage of breakouts happening across crypto to trade on momentum.
You should evaluate these yourself, always DYOR, I am just raising a flag on a couple assets of interest.
Currently on the orderbooks, LINK looks a bit more healthy than ZEC but also this is a break out from an already existing breakout for LINK, it has had more time to build force.
Here is the LINK chart:
ZCASH - Back on historical supportI don't think there is a better time to buy ZEC, the historical support has been successfully tested again, the historical trendline is getting closer and closer and I believe that in this cycle or at the latest during the next one we will see this coin return to its former glory. Many think that privacy coins have no future and they are probably right, but this privacy coin in particular has been chosen by Grayscale and there is a specific fund dedicated to it, so it means that the big names in finance have decided that this will be their favorite privacy coin (follow the money).
Zcash's weekly chart is insanely bullishZcash's weekly Ichimoku chart is one of the most insanely bullish looking altcoin charts out there
I'm nerding out on how insane SEED_DONKEYDAN_MARKET_CAP:ZEC 's weekly chart looks.
IF Zcash can close at/above $35.10, it will be the first weekly close above the cloud since December 2020.
Sleeper Coins?I choose this coin because its one of the few thats available with most (fiat) brokers and not needing a direct crypto exchange/wallets.
A cool part of my wave system is expecting fractal growth (in either direction) but if we're seeing actual growth in that market, the first rule of my trade plan is to identify the major correction or a standard Elliot Wave ABC corrective wave, with as much data as possible (highest time frames). That ABC correction, when completed becomes a larger fractal wave 2... this would then push that market into new highs completing waves 3-4-5 for a standard Elliot Wave 5 wave impulse.
This particular coin/par thats available to most people with any sort of trading platform, shows some really great % gains if this market is to continue to grow.
We should be finalizing the ABC correction on a major fractal perspective and eventually targeting new All-Time Highs ..i would imagine if bitcoin jumps so will most other markets and it might not take that long to get there.
ZECUSDTUK100 is trading in range bound with 40% range.
some time ranges are the best things to play just buy the support and sell the resistance.
as this one is around 40% range which can deliver fine risk to reward.
currently the price is at resistance level and being rejected due to strong sell pressure and daily time frame bearish divergence.
will the pair head back to support area ?
what you guys think of this idea ?
$ZCASH longer term view, low ~$12, high $1000+If I look at the longer term chart of Zcash, it looks like we're closing in on a bottom. I think over the coming 1-9 months, we'll see $12 or lower as a bottom. We've broken out of the downtrend, we're consolidating now in a declining wedge and once that wedge breaks, we should see the start of a bull trend form.
I think this next run will be extremely bullish for Zcash. Privacy should be a key theme in the next bull market. However, I differ in beliefs than most in crypto and don't think the true bull market starts till 2025+. Once it starts though, Zcash is likely to be one of the best performs.
The accumulation starts soon.
Zcash Turbulence Ahead: 2025 BreakoutZcash is a cryptocurrency network that launched in October of 2016. Like other cryptocurrency networks (e.g. Bitcoin or Ethereum), Zcash allows anyone with a computer and an Internet connection to send and receive scarce tokens that can be used like cash on the Internet. The software that powers Zcash is directly derived from Bitcoin’s core software, but it has been modified in order to enhance user privacy.
The members of the network who relay, validate, and bundle user transactions into blocks are, like in Bitcoin, commonly called miners. These miners are rewarded for honest participation with transaction fees and newly minted Zcash, and they must solve a difficult math problem (similar but distinct from Bitcoin’s mining algorithm) in order to earn the privilege of participation. As with Bitcoin, anyone can be a miner on the Zcash network, all they need is an Internet connection, a reasonably powerful computer, and the free and open source Zcash software. Zcash is an open blockchain network.
Zcash ; attractive R:RHappy halving mates ! Here we have zcash , one of the coins in absolute bottom, dont tell me its dead or it wanted cause crypto world is a crazy environment, im adding this beauty to my portfolio here at 22 $ , main reason is its cheap and also positive weekly divergence, second is its bloody halving today , and third its in super support and I definitely believe that any breakdown would be fake and to be gathered in monthly candle so its a definite buying chance with zcash , see you around 200$
Not financial advice, DYOR , happy halving lads .
ZEC/USD: Navigating Bearish Waters Towards Bullish PotentialHello Everyone,
ZEC/USD has hit a fresh 1-year low at 18.8, and the bearish trend persists, although there's some stability evident with weekly support and daily performance showing resilience. Gradually, buyers are entering the scene, indicating a gradual shift from bearish to bullish sentiment, albeit this transition may take time. Presently, there remains the possibility of additional downward movements before an upward trajectory ensues.
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