Free Zcash (ZEC) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
02 Apr / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

Zcash (ZEC) signal with technical analysis on 02 Apr

On 02 Apr, we conducted a comprehensive technical analysis of Zcash (ZEC), considering 256 signals with intricate details. Here are the key findings: 169 signals suggested buy strategies, while 11 indicated sell strategies. The remaining 76 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 44
Sell Signals: 1
Neutral Signals: 19
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 41
Sell Signals: 1
Neutral Signals: 22
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 42
Sell Signals: 3
Neutral Signals: 19
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 42
Sell Signals: 6
Neutral Signals: 16
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 169
Sell Signals: 11
Neutral Signals: 76
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Zcash (ZEC) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Zcash (ZEC) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

Zcash (ZEC) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

Zcash (ZEC) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 11.11%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **Zcash (ZEC)** holdings.

Zcash (ZEC) Price Analysis and Resistance Levels:

Given our current long position in Zcash (ZEC), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (43.047): The primary hurdle is the 43.047 price level. If the prevailing trend remains unchanged, Zcash (ZEC) could break above this level, indicating its strength and potential for further growth.

Second resistance level (45.07): If the upward trend shows significant strength, Zcash (ZEC) may cross the second resistance level at 45.07, signaling a significant upside move and a promising direction for our position.

Third resistance level (77.774): For a more comprehensive analysis, we should consider a scenario where Zcash (ZEC) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for Zcash (ZEC) to reach the third resistance level at 77.774.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading Zcash (ZEC), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

Zcash (ZEC) technical analysis chart

Zcash (ZEC) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 43.047 45.07 77.774 78.955 --
Support 35.602 34.637 32.7 32.468 31.978
 Zcash (ZEC) Support and Resistance area (02 Apr)  Zcash (ZEC) Support and Resistance area (02 Apr)

Zcash (ZEC) signals list for 02 Apr

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Zcash (ZEC) technical analysis over the past days

# Date Overal Signals ALL Signals
1 01 Apr Hold HoldHoldHoldHold
2 31 Mar Hold HoldHoldHoldHold
3 30 Mar Buy BuyHoldHoldHold
4 29 Mar Hold NeutralHoldHoldHold
5 28 Mar Hold HoldHoldHoldHold
6 27 Mar Hold HoldHoldHoldHold
7 26 Mar Hold HoldHoldHoldHold
8 25 Mar Buy BuyBuyBuyBuy
9 24 Mar Hold NeutralNeutralNeutralHold
10 23 Mar Hold HoldHoldHoldHold
11 22 Mar Hold HoldHoldHoldHold
12 21 Mar Sell SellSellSellSell
13 20 Mar Neutral HoldHoldNeutralNeutral
14 19 Mar Buy HoldHoldBuyNeutral
15 18 Mar Sell HoldHoldNeutralSell
16 17 Mar Buy HoldBuyNeutralNeutral
17 16 Mar Hold HoldNeutralNeutralHold
18 15 Mar Hold HoldNeutralHoldHold
19 14 Mar Buy BuyNeutralHoldHold
20 13 Mar Hold NeutralHoldHoldHold
21 12 Mar Hold HoldHoldHoldHold
22 11 Mar Hold HoldHoldHoldHold
23 10 Mar Hold HoldHoldHoldHold
24 09 Mar Sell HoldHoldHoldSell
25 08 Mar Hold HoldHoldHoldNeutral
26 07 Mar Sell HoldHoldSellNeutral
27 06 Mar Sell SellSellNeutralNeutral
28 05 Mar Buy NeutralBuyNeutralBuy
29 04 Mar Sell SellNeutralNeutralNeutral
30 03 Mar Buy NeutralBuyBuyBuy

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