Today's announcement of Alphabay market starting to accept ZEC starting on 1 Juy will be one of the main factors for ZECs price increase. Check this: www.reddit.com
JPMorgan Partners With Zcash on Blockchain Security www.coindesk.com Market Cap $339,579,848 138,432 BTC Volume (24h) $53,620,700 21,859 BTC Circulating Supply 1,373,494 ZEC
After JPMorgan news we can expect some bull flag consolidation and when the ATH will broke nobody will stop it. Also we can expect ZCash be the next coin break the billion dollars market cap, so, stay tune
Zcash is forming a red triangle while bouncing off of the bottom of zone 3 (lower part of diagonal channel) If we can see enough strength to pass through the 38% fib retracement, the 100 day moving average (pink line) and the red triangle we could see a move to to roughly 110 USD ( line y, 23% ret and upper red trend line resistance). Watch for RSI to approach...
ZCash was one of those crypto currencies that went bearish from day one. Just recently, it stopped it's bearish movement and went side ways with a nice stable movement. As you can see in the chart, it is making a triangle in daily chart and had contacts with the top edge for two times. Now, the next time it touches the top edge, there is a big chance it will break...
ZEC is due a pump. Wouldn't hold it for long because supply will still 10x during the next 2 years Buy any zec within the blue channel or wait for the breakout.
There's a nice entry point on Zcash right now. Expecting it to hit atleast 110€ soon.
Pretty great bullish signals on ZEC here. Kumo twist, kumo breakout, and TK cross all occurred around the same daily candle. Breakout solidified and failed to break fib resistance, but successfully tested cloud support shortly. Now looks to be a good entry point as we are still near support and could have a cup and handle forming.
ZEC has bounced off its 100 day moving average (pink line) and found strong resistance at diagonal lines 2 and 3 as well as long term support line z (green). Support is offered by diagonal trend line 4 and long term support line y If the RSI can continue in an upward move above its trendline toward 70, we can see resistance line z approached again. If the RSI...
The king of the dark side is awakening. Bitcoin's archenemy has been summoned to conquer what has been divided and complete what was unintended. Znach, the new challenger, a flying snake, is very different to Bitagon. This dark, anonymous side, is hollow in uncertainties and satiated in mystery. Entry: 0.06-0.07. TP1: 0.08. TP2: 0.095. TP3: 0.112. TP4:...
ZEC is showing a cup and handle on the 1D. I have a long in position now in case the handle wants to breakout before another dip.
Short term neutral until ZEC crosses back above the 100 day moving avg (pink line). Watching to see if ZEC follows blue line 4 or blue line 5 (red lines x,y and z will offer support or resistance in zone 4). ZEC has built a pennant formation (blue lines 4 and 5) with nice decreasing volume (red circle zone 4). If ZEC crosses above the upper diagonal trend line #5,...
Interesting coin. Nothing more to say so far. Let's see how this plays out. Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts. If you earn...
Multiple reasons for this trade: Rising trendline since 0.021 bottom remains. Horizontal support at 0.042 A 68 million market cap coin... there's a lot of room to grow here, while alternative cryptocurrency are hot right now Tight stop loss at 0.047 is possible (little loss if the trendline does not hold) Possible BTC correction:
Broke up the short term wedge pattern... could see a re-test of highs at 0.077 soon.. 0.0185 is not out of the books ;)