ZECETH
ZEC bullish run has much more leftMulti-timeframe showing a clear bull run with key resistance level broken 2 days ago. Despite, the healthy pullback from what likely would have created an over-extended run. The correction not only brought back experience/successful traders/investors. It is helping provide the necessary strength in what very likely will be strong support in the near and/or distant future. Bulls continue the buying spree and who can stop them. The longer timeframes printing the infamous "bull-flag" that is widely used within the crypto communities. This, undoubtedly, will continue to bring new bulls. Despite, the fact resistance broke and ZEC does have a clear path to its next level(s). Baring, of course, any volatility and/or sudden bull rush in BTC. The tight range-bound BTC has been at; does help BINANCE:ZECBTC amplify the case for the title (of "much more left) of this analysis.
Why Zcash might be a lead balloonHow I converted from Zcash to BTC.
Last few months I devoted my time to investigate Zcash (going beyond technical analysts) and come to the conclusion that I need to sell all my ZEC position and buy BTC.
Since I haven't found concentrated/summarized thoughts at one place, I decided to make a tweet so others can find this useful.
So let me name few thoughts:
• Hardly anyone seems to be using Zcash’s anonymity features (estimated to be like 0,1 %) ...I found only ZecWallet supporting these transactions. (Consider how old is ZEC and no privacy adaption in wallets). If one wants to use it, he needs 5 GB of RAM and 25gb free disk to run the program. Therefore it don't see it as a mobile friendly wallet.
• Zcash mining is incredibly centralized.
• Zooko publicly admitted that he doesn’t know how Zk-snarks works (see: https://youtu.be/P6RLjcGVUnw).
• Expiring developers funding in 2020. Since developers in ECC are supposed to be unique, I see no developers when ECC is gone. Moreover let’s face it, ZEC developers salaries are above average (for non US resident)
• Knowledge of Zk-snarks is not owned by ECC (Electric Coin Company). Zk-snarks are not so new, as they were discussed and experimented in 80`s, and after a while more and more scientific papers were published decade before Zcash ... so Zk-snarks are “open source knowledge”.
• Albeit Zk-snarks protocol is monetary system is relatively new and has yet to undergo the test of time. On the other hand more and more currencies adopt just these/similar privacy features step by step and i don’t see anymore the huge advantage Zcash had 3 years ago. This combined with most of the above reasons and the current development makes me believe that the future won’t be so bright. Zcash should gain trust and popularity in first 2 years.
• consider this; what keeps a gigantic army of BTC developers back to integrate Zk-snarks in Bitcoin, not as primary function...the same as ZEC has it, choose it if you want to?
• ECC team already help implemented JPMorgan ZEC privacy features... so when ECC developers will be on the street next year (they sure will miss above-average salaries... the last thing they will work for free for ZEC (from my point of view -> ZEC developers paid by ZEC holders to develop Zk-snarks for JPMorgan) kinda irony
• Zcash community forum - nothing seriously happening there. I see only few people with superior brains there (sorry as they are neither developers nor ECC officials), yet no serious involvement from ECC and developers
• Ethereum team already working on integrating Zk-snarks.
• E.Snowden did mentioned that he likes ZEC privacy features only because Zk-snarks encryption. He clearly said that others coins will do the same and that's a great thing.
• Ycash “friendly” fork (free money of thin air project) Having ZEC officials even support this fork
• REAL trading volume is so small (when doing this notes last week was 2,3 M$)
• For the end a story. Two years ago AlphaBay (popular darknet marketplaces) back then has officially announced that Zcash is available as a payment option on its platform. 5 days after that announcement, AlphaBay got seized by law enforcement. Just 5 days after it’s integration of Zcash (coincidence?)
• Looking forward for good arguments why I am being wrong.
There is a trading opportunity to buy in ZECETHTechnical analysis:
. Zcash/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.370 to 0.346). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.370)
Ending of entry zone (0.346)
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 the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.40000
TP2= @ 0.43500
TP3= @ 0.46670
TP4= @ 0.50800
TP5= @ 0.56500
TP6= @ 0.64924
TP7= @ 0.71000
TP8= @ 0.82800
TP9= @ 0.94600
TP10= Free
There is a trading opportunity to buy in ZECETHTechnical analysis:
. Zcash/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.370 to 0.346). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.370)
Ending of entry zone (0.346)
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 the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.40000
TP2= @ 0.43500
TP3= @ 0.46670
TP4= @ 0.50800
TP5= @ 0.56500
TP6= @ 0.64924
TP7= @ 0.71000
TP8= @ 0.82800
TP9= @ 0.94600
TP10= Free
Long-term Buy trading opportunity for ZECETHTechnical analysis:
. ZCASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.368 to 0.346). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.368)
Ending of entry zone (0.346)
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 the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.40015
TP2= @ 0.43500
TP3= @ 0.46667
TP4= @ 0.50800
TP5= @ 0.56500
TP6= @ 0.64924
TP7= @ 0.71000
TP8= @ 0.82800
TP9= @ 0.94600
TP10= @ 1.04900
TP11= @ 1.19619
TP12= Free
A trading opportunity to buy in ZECETHTechnical analysis:
. ZCASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.368 to 0.330). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.368)
Ending of entry zone (0.330)
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 the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Price Action Lesson 3: Hammer, The first sign of beginning ...
Take Profits:
TP1= @ 0.43500
TP2= @ 0.46667
TP3= @ 0.50800
TP4= @ 0.56500
TP5= @ 0.64924
TP6= @ 0.71000
TP7= @ 0.82800
TP8= @ 0.94600
TP9= @ 1.04900
TP10= @ 1.25200
TP11= Free
A trading opportunity to buy in ZECETHTechnical analysis:
. ZCASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The price downtrend in the daily chart and the RSI downtrend are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.368 to 0.330). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.368)
Ending of entry zone (0.330)
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 the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.43500
TP2= @ 0.46667
TP3= @ 0.50800
TP4= @ 0.56500
TP5= @ 0.64924
TP6= @ 0.71000
TP7= @ 0.82800
TP8= @ 0.94600
TP9= @ 1.04900
TP10= @ 1.25200
TP11= Free
A trading opportunity to buy in ZECETHTechnical analysis:
. ZCASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The price downtrend in the daily chart and the RSI downtrend are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.368 to 0.329). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.368)
Ending of entry zone (0.329)
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 the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.43500
TP2= @ 0.46667
TP3= @ 0.50800
TP4= @ 0.56500
TP5= @ 0.64924
TP6= @ 0.71000
TP7= @ 0.82800
TP8= @ 0.94600
TP9= @ 1.04900
TP10= @ 1.25200
TP11= Free
Potential BOTTOM on ZCASHBuy Green
Sell Red
//
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
//
when a green dot -0.78% -6.68% -7.44% -7.44% appears you buy, if a green dot -0.78% -6.68% -7.44% -7.44% appears after that green dot -0.78% -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
//
the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
//
shorter time frames will be choppy.
//
larger time frames will be smooth.
//
*Daytrading smaller timeframes is possible but not recommended.
ZEC Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell while you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Thanks for visiting.
Elliott Impulse Wave ZEC-ETHThis chart is based on Elliott Impulse Wave. This is my own opinion, use at your own risk.
ZEC/ETH possible longlooks like safe entry but on the "dump it" line consider it a lost cause n drop that. willl be more volatile then btc pair but eh, thanks Dr. Loomdart McHamcattington of pascevrille for the inspiration. (he will not issue refunds for this one, if you ask you will owe him shift instead)
A second chance to buy in ZECETH ....ZCASH/ETHEREUM
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line(0.4234). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.4234).
*If the support line at (0.00171) is broken, the forecast (beginning of uptrend) will be invalid.
Technical analysis:
The price is in a range bound and we forecast the uptrend would begin.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 67.
Entry signal:
Signal to enter the market occurs when the price comes to "support line" 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 the reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 0.36852249 based on ' Valley ' entry method at 07.10.2018.
Total Profit: 116823775
Closed trade(s): 21595502 Profit
Open trade(s): 95228273 Profit
Closed Profit:
TP1 @ 0.435 touched at 07.13.2018 with 6647751 Profit.
TP2 @ 0.518 touched at 08.13.2018 with 14947751 Profit.
6647751 + 14947751 = 21595502
Open Profit:
Profit for one trade is 0.50456288 (current price) - 0.36852249 (open price) = 13604039
7 trade(s) still open, therefore total profit for open trade(s) is 13604039 x 7 = 95228273
All SLs moved to Break-even point.
Take Profits:
TP3= @ 0.565
TP4= @ 0.710
TP5= @ 0.828
TP6= @ 0.946
TP7= @ 1.049
TP8= @ 1.252
TP9= Free
A second chance to buy in ZECETH ....ZCASH/ETHEREUM
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support line(0.4234). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.4234).
*If the support line at (0.00171) is broken, the forecast (beginning of uptrend) will be invalid.
Technical analysis:
The price is in a range bound and we forecast the uptrend would begin.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 67.
Entry signal:
Signal to enter the market occurs when the price comes to "support line" 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 the reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 0.36852249 based on ' Valley ' entry method at 07.10.2018.
Total Profit: 116823775
Closed trade(s): 21595502 Profit
Open trade(s): 95228273 Profit
Closed Profit:
TP1 @ 0.435 touched at 07.13.2018 with 6647751 Profit.
TP2 @ 0.518 touched at 08.13.2018 with 14947751 Profit.
6647751 + 14947751 = 21595502
Open Profit:
Profit for one trade is 0.50456288 (current price) - 0.36852249 (open price) = 13604039
7 trade(s) still open, therefore total profit for open trade(s) is 13604039 x 7 = 95228273
All SLs moved to Break-even point.
Take Profits:
TP3= @ 0.565
TP4= @ 0.710
TP5= @ 0.828
TP6= @ 0.946
TP7= @ 1.049
TP8= @ 1.252
TP9= Free
There is a possibility for the beginning of uptrend in ZECETH Technical analysis:
.ZCASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.362 to 0.329). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.362)
Ending of entry zone (0.329)
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.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.435
TP2= @ 0.518
TP3= @ 0.565
TP4= @ 0.710
TP5= @ 0.828
TP6= @ 0.946
TP7= @ 1.049
TP8= @ 1.252
TP9= Free
There is a possibility for the beginning of uptrend in ZECETHTechnical analysis:
. ZCASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.362 to 0.329). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.362)
Ending of entry zone (0.329)
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.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.435
TP2= @ 0.518
TP3= @ 0.565
TP4= @ 0.710
TP5= @ 0.828
TP6= @ 0.946
TP7= @ 1.049
TP8= @ 1.252
TP9= Free
ZEC - Fueling up the rocket shipAgain this is not a trading market, but I would like to call your attention to ZCash. It's one of my favorites alts for this post-BTC crash/next bull run. It has great tech and is one of the best known and respected privacy coins out there. Last spring/summer, ZEC exploded almost 7x in a couple months. Since that top, it has struggled to gain any ground. In fact, it has had a 100% retracement from when it started its run in February of last year. However, all hope is not lost. Bullish divergence can be seen on both the MACD and RSI indicators. And believe it or not, bullish divergence can be seen on the MACD since July of last year! I think this is a little rocket ship ready to take off and it's been saving itself for a whole year to make this next bull run count. We have had a couple crossover fake-outs on the daily MACD, but I think its time is approaching. Price action is currently in a falling wedge, which is near completion and is approaching support at .026. Despite this bullish pattern, TA patterns mean very little during a Bitcoin correction, hence why I am leaving you this disclaimer. Trade at your own risk, but if we clear that pink trend line I will be buckling up!
There is possibility for the beginning of uptrend in ZECETHTechnical analysis:
. ZCASH/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.362 to 0.329). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.362)
Ending of entry zone (0.329)
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.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.435
TP2= @ 0.518
TP3= @ 0.565
TP4= @ 0.710
TP5= @ 0.828
TP6= @ 0.946
TP7= @ 1.049
TP8= @ 1.252
TP9= Free
There is possibility for the beginning of uptrend in ZECETHTechnical analysis:
. ZCASH/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.362 to 0.329). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.362)
Ending of entry zone (0.329)
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.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.435
TP2= @ 0.518
TP3= @ 0.565
TP4= @ 0.710
TP5= @ 0.828
TP6= @ 0.946
TP7= @ 1.049
TP8= @ 1.252
TP9= Free
A Great Trading Opportunity to Buy in Zcash / Ethereum ...Technical analysis:
. ZCASH/ETHEREUM 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 64.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.390 to 0.329). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.390)
. Ending of entry zone (0.329)
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.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.518
TP2= @ 0.565
TP3= @ 0.710
TP4= @ 0.828
TP5= @ 0.946
TP6= @ 1.049
TP7= @ 1.252
TP8= Free
A Great Trading Opportunity to Buy in Zcash / Ethereum ...Technical analysis:
. ZCASH/ETHEREUM 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 64.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.390 to 0.329). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.390)
. Ending of entry zone (0.329)
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.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.518
TP2= @ 0.565
TP3= @ 0.710
TP4= @ 0.828
TP5= @ 0.946
TP6= @ 1.049
TP7= @ 1.252
TP8= Free
