ZECBTC - Good-looking pairZCash - BTC pair looks good here, it's trying to fly out of year's long range and doing it successfully.
The obvious near-term target is 0.0086 BTC, and if it succeeds to hold above then retest of 0.01 BTC and even 0.015 BTC is could be near the corner.
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Information is just for educational purposes, never financial advice. Always do your own research.
ZECBTC trade ideas
ZECBTC Update: Profit=8750 SL=1990 Reward/Risk > 4.4:1 Trade Setup summary:
Profit targets=8750 pip (750 + 1250 + 1750 + 2050 + 2950)
Stop Loss =1990 pip
Reward/Risk > 4.4 : 1
Current Status:
Total Profit: 1924 pip
Closed trade(s): 1924 pip Profit
Open trade(s): 0 pip Profit
Trade Setup:
We opened 4 BUY trade(s) @ 0.005494 based on 'previous Forecast' at 2020.06.21 :
Closed Profit:
TP1 @ 0.005600 touched at 06.23.2020 with 106 Profit.
TP2 @ 0.005800 touched at 06.23.2020 with 306 Profit.
TP3 @ 0.006100 touched at 06.24.2020 with 606 Profit.
TP4 @ 0.006400 touched at 06.24.2020 with 906 Profit.
106 + 306 + 606 + 906 = 1924
Technical analysis:
. ZECBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support lines again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP1= @ 0.008000
TP2= @ 0.008500
TP3= @ 0.009000
TP4= @ 0.009300
TP5= @ 0.010200
SL= Break below 0.006852
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ZECBTC Update: Profit=8750 SL=1990 Reward/Risk > 4.4:1 Trade Setup summary:
Profit targets=8750 pip (750 + 1250 + 1750 + 2050 + 2950)
Stop Loss =1990 pip
Reward/Risk > 4.4 : 1
Current Status:
Total Profit: 1924 pip
Closed trade(s): 1924 pip Profit
Open trade(s): 0 pip Profit
Trade Setup:
We opened 4 BUY trade(s) @ 0.005494 based on 'previous Forecast' at 2020.06.21 :
Closed Profit:
TP1 @ 0.005600 touched at 06.23.2020 with 106 Profit.
TP2 @ 0.005800 touched at 06.23.2020 with 306 Profit.
TP3 @ 0.006100 touched at 06.24.2020 with 606 Profit.
TP4 @ 0.006400 touched at 06.24.2020 with 906 Profit.
106 + 306 + 606 + 906 = 1924
Technical analysis:
. ZECBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (0.007250) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP1= @ 0.008000
TP2= @ 0.008500
TP3= @ 0.009000
TP4= @ 0.009300
TP5= @ 0.010200
SL= Break below 0.006852
❤️ 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 trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZECBTC | Closing Above 50W EMAThe price of BINANCE:ZECBTC looks quite bullish after closing above 50W EMA (green trend line ) after quite a while.
Two possibilities: -
1. Buying the coin above the support when the price retests ✅
2. Or, buying it when the price breaks the resistance ✅
Both the possibilities have a good profit margin! 🎯
Thank you for reading, hope you have a good day!
ZEC could pop up if resistance is brokenZEC pushing on the resistance line. Since I haven't been in this trade I'm waiting for it to hold this resistance before I get in as this could turn around and fall back. Looking pretty good with all of the supports being tested up. However, it could lead to an elevator fall back down.
ZEC vs BTC Ascending Triangle updateAscending Triangle structure became a bit larger , it now also bounces healthy from a support trendline
Looks to continue going up in the coming days
Still looking good
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ZECBTC 3D Long setup anticipating break of resistanceTA Explained
I took a margin long position here on ZECBTC anticipating a break-out of this resistance area. Price is moving within a bullish parallel channel and testing previous resistance zone. A break of this zone could trigger a move to the next resistance area between 0.008369 - 9000.
Trade setup
Best entries: ...
TP1: 0.008639
TP2: 0.011489
SL: 0.005767
RR: 7.33
Max leverage: 3x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
ZECBTC Ascending TriangleStaying in the Zcash realm, ZEC/BTC Pair looks to form an Ascending Triangle as well.
Can see it pullback to the support one more time before taking off. Also good fundamentals with the halving coming up in November.
Could give extra fuel for a possible bulltrend.
Close below 6300 would invalidate the setup and possible bulltrend, at least for the short term
Trade safe :)
ZCash (ZEC)Expecting a parabolic bull-run of ZCash (ZEC). Price has broken symmetrical triangle and with continuous development of project and community growth, I expect a huge exponential growth of price. Buy and hold ZEC, thank me later. ;-)
ZECBTC Bullish AnalysisZECBTC look like trading on a symmetrical triangle.
From an initial perspective, ZECBTC looks like it has broken out major "red line" resistance of the triangle and is heading towards retesting it.
Current price of ZECBTC is as shown at 5639 satoshis.
From around this price, ZECBTC can potentially bounce back and head towards the "take profit" target at around 6951 satoshis.
If this is not the case and we have a breakdown of ZECBTC from the red line we have set a stop loss at around 5411 satoshi.
Then we can expect ZECBTC to head towards the green support line or form the DASHED line triangle.