A Great Trading Opportunity to Buy in Zcash / Bitcoin ...Technical analysis:
. ZCASH/BITCOIN is in a Range Bound and Beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 77.
Trade Setup:
We opened 9 Buy trade(s) @ 0.03571511 (day close price) based on 'Valley' at 05.14.2018 signaled by our "Daily Trading Opportunity".
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
Take Profits:
TP1= @ 0.043
TP2= @ 0.052
TP3= @ 0.062
TP4= @ 0.075
TP5= @ 0.093
TP6= @ 0.111
TP7= @ 0.137
TP8= @ 0.170
TP9= Free
Zcashbitcoin
ZEC VS. BTCZEC VS. BTC
*DISCLAIMER*:
I am not a financial advisor nor am I giving financial advice.
I am sharing my biased opinion based on speculation.
You should not take my opinion as financial advice.
You should always do your research before making any investment.
You should also understand the risks of investing. This is all speculative based investing.
zCASH plays the bluesZCASH plays the blues
For those that are unfamiliar with ZEC/BTC , it launched in October of 2016 and has a serious 4-star team working on it and backing it up. It uses ZK-SNARK which is basically a shielded address which is achieved through the use of their Zero Knowledge Proof construction. This allows users to send transactions that are hidden from public ledger (identity and value). Yes, there are other coins out there that offer the same sort of thing like, Monero (XMR), Dash (DASH), and even Verge (XVG). AND there is also ZClassic (ZCL) which is worth reading up on. Anyway, there are lot of articles out there saying ZEC/BTC will moon and be 60k by 2025, and it may, but if top 10 coins start to offer the same thing we may see ZCASH slowly fade away (or not!)
But enough about the coin, lets get to the analysis...
Looking at the chart above we can see that the previous support line has now become the new resistance line. We have a narrow trading range forming with a mid support line around .038. IF we fall below this we will be testing the .0313 - .0299 range as support, and below that would be a support of .01749. However if we can see ZEC/BTC break the resistance and find support at that level again we could see a return to around .0745 and then .1032.
It looks as for now we could see ZCASH continue to dance around this narrow trading range for a while. However we are currently seeing a cross over in the DMI which could mean we will see a downward continuation.
Happy Trading :)
Much Love
DustyPH
***This information is not a recommendation to buy or sell***
*Please leave a comment and let me know what you think!
ZEC ichimoku is bullishThe cloud and the bottom it formed points to a very promising rally coming ahead.
Once we go above 200 EMA it should go up very fast,
Target is 0.12
Stop loss should be around 0.044
Zcash ZECBTC day and week time frame BITTREX:ZECBTC
Hi eveveryone! Please look to vollume, weekly and on idicators MACD and RSI, and tell me please why not a 0.15 Bitcoin ? On day I see a break up line resistance and hinge on 1 hour time frame.
coinmarketcap.com
twitter.com
ZCash Broke DowntrendMA9 crossed MA50 toward upside, resistance downtrend line broken and tested as support, volume kicking in, H&S formation.
Vcash good hold for long term.
Zcash / TetherSymmetrical Triangle.
Currently at the bottom of trend.
Look at RSI for patterns.
Will update later.
ZCash breaking support and reaching 400 in 3-4 days from nowZcash should continute this uptrend up to resistance level and break it (most people say you would need a psychic that (will it break or no and for exact numbers and exact values in a given time period.). I disasgree !!! Strongly disagree.
Zcash should break support level in a two days time (according to my calculations) and make a strong uptrend to 400.
When that happends, values should be near that, lets say 380-390$ in a time period given above and i personally dont recommend waiting for prices to grow more and suggesting cashing out your positions, but let's be clear about one thing, it your money and your decision. Dont be too greedy.
Good luck.
