ZEN break out confirmed!Hey Cocojambo's & Cocopups!
I hope you followed my trade because ZEN- break-out is confirmed baby! Oh yes, dropping my charts from coconut island!
You would have made a nice profit around 15% so far. Where to next?
A little retrace would be nice towards 29 and then heading towards 35 and 40 sats hopefully.
Nothing is guaranteed with ZEN-mode though, if ZEN leaves, ZEN leaves. But it's Saturday so i see a little retrace coming.
Like if you like, really appreciate it!
Much love and enjoy your weekend with your beloved ones!
Zencash
ZEN take profit opportunity due to BTC looking weak on 4H/1HZEN is in the $19.5 range atm and enjoying a nice run up. BTC however after several great green days is looking to start consolidating back down to establish a higher low on the daily to confirm a longer time frame up trend.
If you are up on ZEN, this could be a good time to take some profit. BTC on the 4H also has the potential to form a H/S pattern for the break down. The range for Bitcoin = $6828 to break bullish and $6450 to break bearish.
ZENcashTrading ideasYou are late to the party at the moment, but not too late yet. There is a long term uptrend on ZEN that just had another higher low at our recent bottom. Lower time frames look like we should get a retrace, but have formed bullish trends on multiple indicators. 1hr CMF - just with bullish pattern though still negative, OBV in an obvious bullish trend and has broken sell pressure, Ascending triangle pattern forming too. Macd crossing bullish again. So after a pump we should see a retrace for a good buying opportunity as long as BTC does not kill everything. 4hr is all bullish, with indicators starting to trend high - retrace soon.
1 Day - this chart - is Extremely bullish. OBV turned up before breaking into below buying support. CMF in a bullish trend. Stoch high and curving back up. MACD low and bullish. A lot of good signals here.
If I was not already in a position, I would be layering increasingly larger buy orders through the volume support from .0026 - .0021. I find it highly unlikely we will see .0021 again, but if Market makers want to accumulate more they may try to push it down once more so worth the low order. Targets: .0035 / .004 / .0045 / .0054 based on previous resistance and volume.
Long term support now at about .00221 but a wick broke that by a long shot and came back up on the 27th. - So some super low orders just in case would be a good idea too.
This is not financial advice. I am not your adviser. These are my ideas and what I am doing. Sharing for educational purposes only.
Are we going into ZEN-mode tonight?Hi guys,
Hope you are all doing great! Today is a beautiful sunny day and i decided to put my ZEN-mode on!
I'm posting my ZENcash chart. As you can see we have touched down for ZENcash and perhaps ready for a break-out! And when ZEN breaks out, we know what that means right?
Agenda:
19th of July Supernodes
ZenCash (ZEN) Hard Fork Trade (200% Profits Potential)ZenCash (ZEN) high reward low risk trade.
Two major event coming up for ZenCash:
-> 19 July 2018 - Hardfork / Supernodes - Hardfork which introduces Super Nodes at block height 344700, which is estimated to occur on July 19.
-> 26 June 2018 - Hard Fork - ZenCash will hard fork to fight ASICS and the centralization of Zen mining.
ZenCash (ZEN) Trade by Alan Masters
TRADE INSTRUCTIONS
Buy in: 0.0028 - 0.0032
ZenCash Targets:
(1) 0.00344
(2) 0.00400
(3) 0.00446
(4) 0.00492
(5) 0.00557
(6) 0.00640
(7) 0.00731
Stop loss: 0.00279
Capital allocation: Up to 5%.
Time frame: 8 weeks.
Note: Very low risk (check stop loss), high reward (check targets) trade.
Namaste.
$ZEN - Zencash Daily ChartZencash has seen a good bullish run the past week and is now coming down on a correction. Looking for a buy in I'm waiting to see if we get support 425995 SATS and if so we would need to see a break of the current channel and break resistance near 455338 SATS. If this occurs may be a good time to buy in as the AC oscillator would still be positive.
If support fails here, we hope for support at the 20 period moving average with all indicators following in the same direction.
$zen:btc Binance Zen contest boost price 4HRToday Binance annouced a BINANCE:ZENBTC giveaway; these contest provide incentive for people to trade providing potential swing trade opportunities. I expect a the price to continue surging during the contest following a potential dump once its over; I'm basing this off of the cloud twisting bullish with a c clamp formation forming on the 4HR. As always happy trading!
BINANCE:ZENETH
ZENCASH: BLUE FRONTIERS PARTNERSHIP - PROFIT = 31.55%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of May 2018 .
Using this buy in point and selling at today's price, you would have expected to net 31.55% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 25: Digital Currency Group has added ZenCash, a little-known, privacy-focused coin, to its "conviction list" of cryptocurrencies.
May 18: PaytoMat (Cryptocurrency payments solution for POS and e-commerce, offering loyalty rewards for end customers and merchants, combined with protected multi-currency wallet) adds support for ZenCash.
May 19: Ledger Nano S (cryptocurrency hardware wallet) adds support for ZenCash.
May 23: ZenCash releases updates to Arizen Wallet (Arizen v1.1.6). This includes updates including automatic logoff and Travis CI support to allow for faster development cycle.
May 24: Binance lists ZenCash.
May 24: CoinZodiac announces that ZenCash is one of the top 12 privacy coins.
May 25: ZenCash and Blue-Frontiers recently signed a letter of intent to partner and explore technical opportunities where both projects can collaborate on a variety of timely social, economic, and governance issues.
This also includes the construction of Offshore Societies.
The positive developments above (including the Binance Exchange Listing) have caused an increase in demand have forced up prices.
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
ZENCASH Bear Flag 15M ZenCash was listed on Binance today which caused ZEN to explode in price and volume.
This was a synthetic breakout in my opinion, and I believe that ZEN will see a drop in price soon.
Here are a few reasons why I think ZEN will fall in value:
1. Bear Flag (illustrated on chart) has been broken
2. RSI has been moving in overbought area
3. Volume has decreased since breakout
4. BTC is dropping and this is one of the only coins in the top 100 that is up in value
**Trade at your own risk, I am not a professional trader or financial adviser**
Zen Cash's handle is another cup and handle. Double C&H?Every cup and handle that's materialized across the alt market the past week or so has had its own distinct nuances in its cup and handle....Zencash's handle actually appears to be another cup and handle. So it is esentially a double cup and handle. This should help it break above the rim line o it's bigger cup and handle with more authorrity than some of the other cup and handles who have poked their price actions head above their rim line and then bounced back under it. One thing I'm noticing in many of these current cup and handle patterns, is that the lowest point of their handle is approximately 1/2 the price point as their projected breakout target...meaning if you could buy in right at that point you'd have solid odds of doubling your investment on a lot of these cup and handles within a very short time. Of course this is simply a hypothetical observation and in no way shape or form meant to be taken as financial advice. You make your own choices there. So good luck and thanks for reading!
ZCash BULL pick 4 of 5, Swiss bank account in your pocketZcash started as an alternative to Bitcoin; the Zerocoin protocol which was improved upon and launched as a zerocash (ZCash) cryptocurrency in 2016.
-Backed by wall street: within direct access to the general public (now a financial investment product) and institutional investors.
-Technicals look incredible, sentiment is on the rise, positive catalysts occurring nearterm
-Featured in Forbes, Fortune and CNN with extremely positive statements likely to encourage investment.
-Working with JPMorgan Chase to Integrate Zcash Technology To Its Enterprise Blockchain Platform.
-Predicted (speculation) to reach >$60000 by 2025
-fortune.com/2018/01/31/bitcoin-cryptocurrency-zcash-buy-invest/
-forbes.com/sites/laurashin/2017/11/09/zcash-investment-trust-launches-expanding-investor-options-for-cryptocurrency-exposure
-grayscale.co/zcash-investment-thesis/
Day trading ZEN Zen has been on fire the past week running from 0.0022 to 0.0037. It broke through the local, short term, trend support on the 1 hr, So it is a sell. I am expecting a retrace to at least the support for this whole move - lower red line. It has bounced here several times, but the CMF has bearish divergence over this whole move on the 4hr chart, so it could break lower this time. RSI's on 4hr and 1 day are high too. I am buying at the support of the movement, and setting a SL if it breaks there. Simple trend trade.
This is not financial advice. I am not your financial adviser. Trade at your own risk.
ZENCASH prognosisThis is my personal view of ZENCASH.
I don't want to promote it nor influence anybody to buy this asset, it's just my personal view.
Although we're in a BTC bearish situation COINBASE:BTCUSD , ZENCASH seems to perform pretty well with a solid tech and dedicated team following important updates.
I believe that we'll be testing the next 37k-39k fibo resistance in not more than a week at this pace. If broken, We're looking at a long term view of, at least, 50k Sats in 2 months (red fibo area). This might be of course influenced by a possible bull run of BTC, which was not yet envisaged but might happen in Q2.
There are no personal interests linked to this amateur analysis.
ZenCash - Massive R/R opportunity This alt is solid AF. The team is awesome and they have some cool things in the works. ZenCash is more than just another fork of ZCash with zksnarks, they make use of secure nodes and this makes the network on that is unique and offers more than most "privacy coins".
As I've said in previous posts, the alt market and crypto market as a whole has been very depressed this year, I'd say it's a good time to look to buy a few alts, taking on very little risk and looking for that insane return. We know this crypto market, and how it's capable of pulling out all the stops and surprising everyone. Wouldn't it be nice to be a part of that before it happens?
Reason for trade: There are other, less useful alts with higher market caps. I know this market is irrational, but once it gets its head straight, money will flow to decent projects like Zen. I mean DOGE has a fucking $360mil marketcap for fuck sakes.
Time-frame: 1 - 3 months
Shoutout: ZClassic, for being a piece of shit coin that keeps farting out forked coins like they're going out of fashion.
ZenCash long opportunityZenCash is finishing its downtrend and is going to test the long term trendline. Expecting a good bounce, best entry for long term hodl.
ZEN/BTC at Meaningful JunctureZEN has seen considerable movement ever since the Palm Beach Shill Report, but it's dropped precipitously since the Mt Goxening part 2. Predominantly, volume has been lacking for any significant movement as of lately. If ZEN can break upwards then it has one major pivot / inflection point before reaching its next line of resistance. With ledger support coming, its uptick in marketing and outreach, and its cheap node investment are all signs that I see a good 2018 for ZEN.
Recent News:
Reddit AMA: www.reddit.com
Crypto Invester Show Booth: twitter.com
Ledger Hardware Wallet Support Coming: mobile.twitter.com
ZEN ATM's announced for South America: www.reddit.com
Zencash VS Bitcoin Approaching Key ResistanceFollowing the previous idea on ZenCash cryptopost.com , the price has started to grow as expected after rejecting the btc 0.0033 support. The upside potential remains very large, however, to realize it, there is a major resistance that has to be broken first.
The resistance is at btc 0.00567, that is confirmed by two Fibonacci retracement levels. If ZenCash will manage to break above, the price could go as high as btc 0.01.
On a downside note, break and close below btc 0.0033 could send price lower, back to the next support at btc 0.0025, but it still should not invalidate bullish outlook.
Ascending Triangle on ZENBTCI'm seeing an ascending triangle (which is bullish) on ZENBTC on a 30m chart. Stochastic and MFI showing oversold conditions indicating a reversal. MACD will have a crossover if the next couple of candles close green, giving us further confirmation of upward movement. My entry is while the price is closer to the lower line of the triangle and exit will be closer to the upper line of the triangle. I want to be in the trade for a shorter period of time so I am not waiting for a breakout and rather exiting the trade just below the resistance, for a 10% gain.
I opened a long position at 0.00473000 and placed a sell order at 0.00520300 (10% gain).
Criticism welcomed!
Zencash VS Bitcoin Calling For ActionZencash formed the support at btc 0.0010 where it formed a double bottom back in October 2017. Almost immediate spike up followed reaching the high at btc 0.0052. However, after that ZEN/BTC consolidation continued and only recently it broke above the downtrend trendline and the 200 Moving Average.
Zencash bounced several times off the 200 MA and the once of the downtrend trendline that are obviously now acting as s strong support. All these facts are just calling for action as Zencash is looking very attractive in terms of a buying opportunity. The price could grow by 220% as strong resistance is seen at btc 0.01, confirmed by two Fibonacci retracement levels.
