Zcash (ZEC)

Guys, I've said what I need to for the day. I was up all night again analyzing the Zcash chart. I'm toast. Enjoy the rest of your day and evening:) #ZEC

$ZEC is being rejected by its resistance level. On top of that, the Stochastic on the daily timeframe is at an overbought level last seen when ZEC was still at $700. (FYI: No Stoch. in this chart, as this is the 12H FVG) This should be another local top for ZEC. https://t.co/w2W0OpCOG5

$ZEC Watch this T/R combo trying to print as this double-shaded squeeze gathers up more pressure. We back-tested the neckline of this double bottom, but the question remains: do we see the rest of this extension play out first or do we see momentum fall off and pull price back down towards the track line or the neck line again? With that said, if we get an invalidation of this local top and/or this reversal on LTFs, we could see a further push up with a release of this pressure. Currently sitting under the $449 resistance. Just watch for direction in the next few hours. 👍 In addition, notice where we stand on the Daily. We've now tested the 50DMA again and the MACD looks ready to flip (possibly). If momentum gathers and we break above $450 - 460, there's a good chance for further continuation. Until then, we watch.

I have done some research on #ZEC and why price action is doing what it's doing on low volume. Take this how you will as it explains why price did the opposite of what I was reading. Remember, I simply decipher the charts with NO bias either direction! ZEC warning ⚠️ What you’re seeing on the chart isn’t “strength”, it’s leverage distortion. Binance now offers 75x ZEC futures, BitMEX 33x, and Bybit’s liquidation map shows $21M in long leverage vs only $3.4M in shorts. That’s why price is floating up on declining volume, it’s thin liquidity plus aggressive leveraged longs pushing it, not real demand. This creates a highly dangerous setup: – Thin liquidity – Overcrowded long side – Declining spot volume – Rising price One sharp reversal can trigger a massive liquidation cascade event! I AM PROCEEDING CAREFULLY because this is one of the riskiest structures in the entire market right now! DO YOUR OWN RESEARCH AND MAKE YOUR OWN INVESTMENT DECISIONS. THIS IS NOT FINANCIAL ADVICE, SIMPLY WHAT I'M SEEING FOR MY OWN INVESTMENT STRATEGIES.

Zcash is up +20% this week. The appetite for privacy isn't going anywhere. Another interesting project is @BeldexCoin. - Privacy focused L1 - Powers private messaging and VPN - Listed on Kucoin - One of the best campaigns in Kaito Could $BDX become the next privacy runner? https://t.co/TUaU7TsbWA

ZEC new short term target 458 according to Ashi candles. Bitcoin privacy coin holds strong, solves one main issue where BTC failed. Will the baby eat the mother? Not saying it’s perfect, but in an un-private surveillance world? Yeah, long term hold. https://t.co/PSB7NGi0HK

#ZEC price has pushed above the compression wedge and is riding inside the rising channel, but let’s be clear: The macro trend is still the dominant falling parallel channel. Until price breaks the upper rail of that channel, retests it, and confirms support, this move is just a counter-trend rally inside a bigger downtrend. Rising price plus declining volume is another red flag for sustainability. I’ll turn macro-bullish only when that dominant trend rail is broken and held on good volume, not just the retest of the upper wedge rail. That's how I'M looking at it. Make your own decisions and not based on mine!

$ZEC looks ready for a leg here Should keep pushing into the $500–600 zone. Simple momentum leg Let's see https://t.co/hVV3FU4ctN