ZECUSD is showing more confidence in the coin amid yesterday's fall of the crypto market and including the fall of bitcoin. ZCash shows strength from the buyers and breaks the resistance of the main bearish trend I expect a final consolidation above the previously broken border, or a retest of the support of the uptrend channel with further growth continuation....
Z-Cash price has touched the lower bound of a price channel defined back in 2021 and is getting ready for a reversal. Based on past performance, I'd say we are headed back to $100 by April 2023. Whether we exit this channel at that time or not isn't yet clear but it sure does look like a 100% gain here is in the cards.
Long from previous lows for ZEC at 17 and short from just below 50
Just doodling IDK what I'm doing and this is not financial advice. I do feel next 6-12 months is sideways chop for Crypto after that I'll be a bulliever. Fingers crossed $1,500 ZEC December 2025 (or near then).
ZEC has a Botton head and shoulders in progress. Though the volume of the formation does not follow the studies of H&Ss, but only confirmation is when neckline is penetrated with decent volume or decisive price action.
Similar gains have been achieved before. This is in line with ZEC/BTC going to 0.1 and above.
The pair is now trading in an uptrend after breaking the descending trend line and the supply zone, and is also trading above the EMA 200, which is expected to rise to 55.60 then 57.20
ZEC Long from 52.3 up to 57, Short 65 down to 59. It's better to lock in a fast profit so that I can compound my account than to try to hit home runs and end up liquidated
Wait for price to close above resistance level in ZECUSD cryptocurrency market.
zec_shall_inherit_the_private_wealth_of_the_world z c a s h
82.5 area has acted as support for ZEC in the past, now flipping to resistance, I will be going limit short at 82.5, hopefully execute this week
ZCASH First chart in a long time for zcash---she was my first fiance---lol----oh well she didnt get zcash----lastly zcash last longer than my x.
50 Mqp Xaubtc weakness Dollar weakness 2023 setup Demand zone
Watch pivot point level at price 61.83 for a long entry.
Zcash macro support and and resistance fib levels. still a potential leg to the downside.
ZEC/USD Key support and resistance targets on the H4 chart.. if purple line flips as resistance, expecting approximately 20% move to the downside.
This chart is a Fibonacci retracement where ZCASH has formed strong support at $50. It would not surprise me to see it push to $131 very soon.
Looking for the wicks to be filled during the next pump. Targeting 165 to 170. If the wicks get filled and price doesn’t continue to the upside, 165/170 would be a lower high on the weekly time frame. What does everyone think?