ZECUSD
Almighty Pushuponly
ZEC Long Overdue
The narrative is simple - there is none. ZEC is and will always be the most forefront in privacy based currencies. If you believe in brand and originality like most do with BTC not losing its top spot - then you can believe ZEC wins out in privacy. Privacy will become a global trend for the next 10+ years. in this you will see demand for a privacy currency that caters to real life transactions.
Trade the hype on most of the market and stack ZEC with 25% of your profits and you will not be disappointed.
Zcash vs Bitcoin about to Select the Likely OutcomeHope that i get this one wrong, and we get lucky instead.
Bitcoin is very weak, looks a lot like the end of the cycle printed Thanksgiving and then mega flush was the Kiss of Death
No altcoins will outperform Bitcoin if the macro cycle is over. if cycle continues, Zcash may get lucky - they have a big positive catalyst in January: HALO NU5 Network Upgrade with many great features
interim long 01295matched analysis against ZECUSDSHORTS and ZECUSD
Will have a lot of reasons to pump higher with YCash fork coming up in July, this can move up 100% from 011
ZEC to $600+! ZEC appears to have completed Elliot Waves 1 & 2 under the 5-Wave Elliot Theory and has begun its ascent in Elliot Wave 3. After using the Trend-Based Fib Extension to calculate potential target prices for Elliot Wave 3 based on Elliot Waves 1 & 2, you can see that ZEC recently wicked at the 0.618 Fib Level ($302.00), and then retraced exactly to the 0.382 Fib Level ($220.00). After retracing to the 0.382 Fib Level, ZEC has just formed a double bottom, which is a bullish reversal indication. Other indicators also look bullish, as the Relative Strength Index (RSI) is only around 40, and yet On Balance Volume (OBV) continues to increase each day. In addition, ZEC's move to Proof of Stake will be a huge catalyst in ZEC's price reaching new highs, as ZEC holders and miners will now be incentivized to hold their ZEC as opposed to liquidating ZEC for other cryptocurrencies.
Within the next 90 days, I expect ZEC to approach the 1.618 Fib Extension Level at $628.00. Once ZEC hits this target, I will make an updated post to predict the next potential targets for ZEC.
Moon Shot Odds, Zcash ATH $900 for Christmasits only possible if Bitcoin reverses out of a multi-year bear market.
macro conditions also threaten to instantly invalidate this situation
the big catalyst will be success of Halo Arc upgrade, and the mainstreaming of the value of Zero Knowledge recursive proofing as a mechanism to provide a scalable, privacy by default, work based crypto network
💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (238.09).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 253.92
TP2= @ 266.83
TP3= @ 282.22
TP4= @ 305.09
TP5= @ 330.02
SL= Break below S2
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💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (238.09).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 253.92
TP2= @ 266.83
TP3= @ 282.22
TP4= @ 305.09
TP5= @ 330.02
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (233.8).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 268.2
TP2= @ 288.3
TP3= @ 345.7
TP4= @ 379.7
TP5= @ 406.4
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZECUSD finally triggers doubles bottom & reaches target.We can see the initial target for the double bottom breakout has been hit. Now the question is whether or not the higher target which is the Inverse Head and Shoulders breakout target will be hit or not. Odds are good it will be, however we may see a retrace first.
Decoupling of Garbage Coins- Zooko Time to Shine?!With ZK Rollups being the hot-topic of ETH hopium discussions, ZK Snarks should be in discussions as well. That, along side the recent volume and strong technicals on HTF for both the USD and BTC pair for ZEC is my reasoning on being bullish. Unless Zooko increases the founders reward to buy some more groceries, NGU.