Today’s analysis – ZECUSDT – trading at a key trade location where an impulse move is probable,
Points to consider,
- Price Action Pivot
- Range Mid Support ( Technical Confluence, Golden Pocket & 200 DMA)
- Range High Resistance
- Oscillators Divergence
- Increasing Volume
ZECUSDT’s immediate price action is holding support with...
ZEC moving in the uptrend channel and as we saw ZEC touched the top of the channel for 2 or 3 times and drop to deep correction to strong support the zone between and I expect that going to making the third wave to hit the resistance at 91 and after som small correction hit the top of the channel again as the fifth wave at 123$
This is an addition to the previous Zec idea .
In this idea, we expanded the transition channel and identified global targets.
If in the coming days the ZEC price cannot rise above $66 , then buyers' weakness will be confirmed.
In this case, a fall scenario with a lower target $43.6 will be activated .
If the price fixes above $66, we will expect the ZEC...
In half a year, one of the old crypto coins ZEC made x6 .
The only significant news on the horizon of ZEC is the mid-November halving.
It seems that ZEC is traded only by those who mine it and then sell it on the market.
Perhaps, they will be interested in this idea.
Now, we assume a fall of ZEC price to $42.5.
And from this level, we can expect a rebound...
🌴FREE COIN ANALYSIS🌴
💎Break-in market structure with a higher low and higher high.
💎Buy volume shows the break above the diagonal trendline was genuine; it also gets successfully retested and now piercing through 100EMA.
💎#Zcash Halving event scheduled for November.
💎The market sentiment looks great for BTC <> ALT correlation reverses and altcoins...
ZEC may have found support at the 200 SMA on 1hr TF.
Here are some bullish ideas:
-Recently broke above significant trendline - this is the RETEST.
- Possible bullish cross on Stoch RSI
- Possible Inverse H&S playing out
- 20 and 50 SMAs are bending towards bullish cross w/ 200 SMA (very bullish)
- There's a lot of trade volume in this area.
Today’s second analysis – ZECUSDT- trading in a falling wedge pattern that typically breaks bullish,
Points to consider,
- Price Action Bullish
- Local S/R Support
- Swing High Target
- RSI Divergence
- Volume Influx
ZECUSDT’s immediate price action is bullish trading towards its apex, this allows us to have a bullish bias on the...