ZEC Zcash Price Prediction: The Trap Is Set

Added: 2026-05-06

[00:00:00]What's going on everybody? It's your boy Cesar and we are talking about Zcash today ZECUSD.

[00:00:06]It is the 21st day of April and here we are sitting at about $325 with roughly 10 hours 18 minutes left in the day.

[00:00:14]Hit that like button and subscribe.

[00:00:15]Thank you all for being here and let's get into it.

[00:00:18]Zcash has pulled back. I was expecting that we'd find support somewhere around 330. We went a little bit lower, a little bit lower than intended, but this was the area that we were kind of looking for for support prior resistance prior support back here and all.

[00:00:31]Um, we actually held above $300 which I think is nice.

[00:00:34]We could be seeing some recovery now and I mean I I think it's obvious off of these lows clearly we're seeing some recovery, but what I what I mean by that is we could be seeing some recovery here that takes us to a double top a slightly higher high maybe a lower high something like that. It could be breaking us out and taking us higher. Let's see if we can decipher and figure this out. I'm going to look at the short term stuff and then we'll go from there. My suspicion just to put it out there on the table right now and this this is subject to change by the end of this video. So don't watch this part and think that you know what what my opinion are on Zcash.

[00:01:05]I don't even know what they are yet, but as of now my suspicion is lower high lower high lower high. We're working our way down to a lower low. This was a bull trap. This was a bull trap. This was a bull trap. That's where my thoughts are.

[00:01:22]That's where my mind is and we'll see if we can change that, okay? One hour time frame right now just because just because this is a bull trap does not mean that we're dropping right now. We could move up a little bit higher first. Maybe we even get a double top just like we did here.

[00:01:38]You know, it can happen.

[00:01:40]Just because this is a bull trap didn't mean that was the top. We went higher.

[00:01:44]We could go higher.

[00:01:46]Okay? Just so we're understanding that.

[00:01:48]One hour time frame. Let's look at this here.

[00:01:52]Volume's coming in.

[00:01:54]Looks like that volume came in at a time when you broke out of this trend line.

[00:01:57]It looks like breakout volume. It looks like a breakout move. That looks good to me. It's not a bad thing. It's definitely not a bad thing. If we're looking at this here with our indicators the one hour RSI is certainly taking on a bullish shape.

[00:02:09]The stochastics are coming down a little bit and that's okay.

[00:02:14]The MACD is bullish too, but you you are pretty drained. I I don't know. You look good. You look good on the MACD.

[00:02:21]You really don't look that bad on the one hour time frame. I'm not seeing seeing enough here to suggest that we're going to go drastically lower anytime soon. Now the four hour is a little bit concerning.

[00:02:31]The reason why it's concerning is because you do have a lower high here on a closing basis also slightly lower, but it is lower.

[00:02:40]You have higher highs in your RSI, higher highs in your stochastics and higher highs in your MACD. Okay? You're in a situation right now where you've reset your stochastics where you're at some of the higher readings that you've seen throughout this drop in the RSI.

[00:02:54]You've reset your RSI and for all intents and purposes you've kind of reset your MACD as well.

[00:03:00]That doesn't mean death, but it could it could mean death. We'll see.

[00:03:04]I will say this if you don't hold $300 of support there's very little hope that I have that you'll get back above 350 for Zcash anytime soon before going lower.

[00:03:14]Um, you had a lot of bullish momentum building here, right? You had the bearish momentum dying off and you had that bullish divergence coming in.

[00:03:21]If you build all this bullish divergence and this is all that you get that's not good guys. It's not a good thing.

[00:03:27]The one hour uh volume that we had is not that apparent on the four hour time frame. So it's not that impressive. Two hours 15 minutes left.

[00:03:35]I would like to see this candle close green. I'd like to see you continue to move up here. If you can close this candle green why that's important is that you're closing above this high that hidden bearish divergence goes away and you really stand a chance if you close this candle green of breaking out of this this range overall. You're kind of in that phase right now. Close it green.

[00:03:53]Move up. Do that. You'll look good. I think it'll look better. And if you do that if we can close this four hour candle green or maybe the next one green. It doesn't doesn't necessarily have to be this one, but I would like to see it be this one just so we can avoid the hidden bearish divergence look.

[00:04:08]If we can close it green or at the very least get above this high here closing above $333 let's say from a high to a low the expectation would be that we at least go to 357 if not at most we could see higher highs.

[00:04:25]I'm not under the suspicion right now especially after what we've seen. I'm not under the suspicion that we go up here, but should you take out this high the next target area would be 431 to 476. Who cares what I'm suspicious about or what I'm considering this would be your likely target destination if not higher. You could go higher. You take out 476 your next target zone would be 514 to 634. Things ramp up pretty quickly there. We take this high to low here high to low here and you can see we actually went right up to our 1886200 level. That's exactly where we topped off here.

[00:05:01]So if you did that there, yeah, that could happen as well. 514 is something to to consider maybe.

[00:05:08]But I'm not really considering that until you're at least above the golden ratio really above the 886 $386. You get above that you're clear for 431 to 476.

[00:05:18]You get above 476 you're clear for four 514 to 635.

[00:05:23]Okay?

[00:05:25]Until then let's just wait and see how you do with this recovery if you're even recovering at all. I'm still not convinced that you're even doing this right now. I'm still not convinced you're even going here.

[00:05:34]And I am convinced that you're doing one of two things. You're either going to reject here and continue to go lower and womp womp or you're going to move up here and then you're going to find resistance here and then you're going to move lower. I'm not of the suspicion that we go up to this area just yet.

[00:05:49]Just so we're clear.

[00:05:55]I mean your four hour time frame looks bearish. It really looks bearish. It really does. And of course your price action is bearish as well.

[00:06:02]And where you are you're in a position where your bearish indicators have reset themselves.

[00:06:08]That's not a good thing and you haven't done much to the upside. That's not a good position to be in guys.

[00:06:13]It's not a good position to be in. Daily time frame. Now here's something that's nice a little bit contradictory to the the overall tone of this video so far.

[00:06:20]We are holding higher lows still. In the midst of this niceness you're also breaking out of your uptrend.

[00:06:28]It's good. It's not good. I don't know, you know, we look at this here. Let's just see.

[00:06:34]For example, yeah, like this I mean you broke out of this here and you moved up a little bit.

[00:06:40]You had a little bit of fun before you dumped.

[00:06:44]I don't know.

[00:06:45]That's kind of vibes that it's giving me.

[00:06:48]Here we look at this one.

[00:06:51]Higher lows. You broke out of this one and you still moved higher cuz you still had higher lows overall and you bounced off the 50. We're at the 50 area now. I mean it's not it's not easy. I do like the shape of this RSI overall. I don't like the shape of the stochastics. Man, that is that's not good right there. That does not look good in my opinion. Um the MACD MACD's bullish overall. But it's not really telling me much here. We could build bearish momentum. We could cross back up.

[00:07:20]As far as I'm concerned I'm I'm at the same conclusion that I was basically in the beginning of this video.

[00:07:26]I do believe that we found a high point.

[00:07:28]If this is not the high point for Zcash here if this was not the stopping point of this overall bull trap endeavor then it's very near this point. That's that's where I'm at.

[00:07:42]It's completely possible that we continue to dump from here. It's completely possible that we move up a little bit and that we move down. My suspicions are at the moment that we do just move down. I don't think that we're going to move up much further from here.

[00:07:53]I don't think that we'll get back above 350, but if I'm wrong 357 to 386 might be the area we go to find resistance there. You move up somewhere in this this little bubble here.

[00:08:04]Little bubble of of hopes and dreams and we'll pop that bubble and disaster will spill out for the Zcash holders and the Zcash faithful. That's that's my assumption. I can be wrong. I've been wrong before. I will be wrong again.

[00:08:17]From a low to a high you couldn't even get up to your golden ratio.

[00:08:21]There's still hope man. As long as you're holding this 382 I think there is hope, but understand that if you close below 256 that hope is just gone entirely.

[00:08:33]If I'm wrong and you see a slightly higher high 435 to 485 is likely that area that you top off at.

[00:08:45]And whether it's here that you topped, whether it's here that you topped, whether it's there that you topped all roads point south in my opinion and you will take out these lows.

[00:08:57]Time will tell. We'll see how it goes.

[00:08:58]I've got nothing else to say.

[00:09:00]Hit that like button and subscribe.

[00:09:02]Thank you all for being here. Let's look at the weekly time frame.

[00:09:07]I mean the weekly RSI is bullish overall.

[00:09:11]I don't think this is a breakout guys. I think this this is a a false a farce. If it's a breakout where's the volume?

[00:09:18]It's not there. That's that's been the concern from the start is that this move up even though it wasn't what I expected. I did get bearish at the lows.

[00:09:26]I mean uh we were bearish before the lows. We were literally bearish at the top to be completely fair. Um, but and and we were bullish here, you know, we we had we didn't get it all right with Zcash, but we were doing pretty good on it for most of this move up and even the beginning phases of this move down.

[00:09:42]At the very top I did say we'd probably see prices below $200 before moving back up. We saw prices below $200. We are moving back up now, but it's not the way and it's not in the environment in crypto that I thought we'd be in. I don't believe that this is a breakout. I believe that the proof is in the pudding. There's no volume.

[00:10:00]When we broke out here, do you notice what happened? We had volume. Didn't we?

[00:10:05]We had a lot of volume.

[00:10:07]Even relatively speaking, even relative to this let's zoom in here. Let's get real needy with it, okay?

[00:10:13]Even here the volume was increasing. You can see it, right? Even on these small weeks where we were breaking just above this trend line, the volume was increasing.

[00:10:22]We were at higher levels, dramatically higher levels. And then boom, then the big weeks came in.

[00:10:27]Right?

[00:10:28]We are not increasing volume.

[00:10:31]That's the concern.

[00:10:32]That's the major concern there, actually.

[00:10:35]And I believe this is a bull trap which then implies in the grand scheme of things actually. If you've stuck around this long, let's just give you these targets.

[00:10:44]From a low to a high we will see you at the 0.5 or likely, more likely, the golden ratio zone.

[00:10:52]Something at $52 to $108. We're at $324 now. That is your bear market death and destruction zone where people capitulate and the smart money steps in to buy at prior resistance, at the golden ratio zone, at prior support and resistance back here as well. If we are going back in time, I mean it's all all throughout this range. All throughout this range there.

[00:11:19]And then I'm also curious. Let's just see real quick. What about this one?

[00:11:23]High to low at the 0.5382, I guess. I mean it's not really nothing really too substantial there, but whatever.

[00:11:37]Hit that like button. Subscribe. Thank you all. Take care. See you on the next one. Bye-bye.