ZCASH - ZEC/USD
ZCASH - ZEC/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ZECUSD
ISIN:

ZCASH - ZEC/USD - Daily - Technical analysis published on 12/03/2021 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 204.98 USD
My targets
241.83 USD (+7.29%)
294.27 USD (+30.56%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ZCASH - ZEC/USD as long as the price remains well above 204.98 USD. The buyers' bullish objective is set at 241.83 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 294.27 USD. If there is any crossing, the next objective would be the resistance located at 319.44 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The ZCASH - ZEC/USD rating is 225.39 USD. On the day, this instrument lost -0.01% with the lowest point at 217.35 USD and the highest point at 237.87 USD. The deviation from the price is +3.70% for the low point and -5.25% for the high point.

217.35
237.87
225.39

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ZCASH - ZEC/USD:

Technical


Technical analysis of this Daily chart of ZCASH - ZEC/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 148.12 172.92 204.98 225.39 294.27 319.44
Change (%) -34.28% -23.28% -9.06% - +30.56% +41.73%
Change -77.27 -52.47 -20.41 - +68.88 +94.05
Level Minor Major Minor - Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard200.15207.07216.24223.16232.33239.25248.42
Camarilla220.99222.46223.94225.41226.89228.36229.84
Woodie201.28207.63217.37223.72233.46239.81249.55
Fibonacci207.07213.22217.01223.16229.31233.10239.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard51.62114.39179.06241.83306.50369.27433.94
Camarilla208.68220.37232.05243.73255.41267.09278.78
Woodie52.57114.87180.01242.31307.45369.75434.89
Fibonacci114.39163.07193.15241.83290.51320.59369.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-22.2859.91140.23222.42302.74384.93465.25
Camarilla175.87190.77205.66220.56235.46250.35265.25
Woodie-23.2159.44139.31221.95301.82384.46464.33
Fibonacci59.91121.99160.34222.42284.50322.85384.93

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 53.78
MACD (12,26,9): 15.5600
Directional Movement: 10.77
AROON (14): 42.86
DEMA (21): 240.47
Parabolic SAR (0,02-0,02-0,2): 302.79
Elder Ray (13): 0.88
Super Trend (3,10): 188.66
Zig ZAG (10): 225.50
VORTEX (21): 1.0400
Stochastique (14,3,5): 49.88
TEMA (21): 242.60
Williams %R (14): -54.15
Chande Momentum Oscillator (20): -4.45
Repulse (5,40,3): -4.0500
ROCnROLL: -1
TRIX (15,9): 1.4000
Courbe Coppock: 65.41
MA7: 233.31
MA20: 215.08
MA50: 184.65
MA100: 157.26
MAexp7: 230.57
MAexp20: 219.00
MAexp50: 191.45
MAexp100: 170.42
Price / MA7: -3.39%
Price / MA20: +4.79%
Price / MA50: +22.06%
Price / MA100: +43.32%
Price / MAexp7: -2.25%
Price / MAexp20: +2.92%
Price / MAexp50: +17.73%
Price / MAexp100: +32.26%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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