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Weekly forecast Zcash / Bitcoin technical chart
Symbol ZECBTC

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJanuary 9, 2021 - 16:42
Currentdowntrend
Forecastbeginning of uptrend
Last weekBearish

Midterm forecast:

  • 0.00335 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 0.00160 on 01/03/2021, so more gains to resistance(s) 0.00205, 0.00265 and maximum to Major Resistance (0.00335) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 29.

Supports and Resistances:

  1. 0.02150
  2. 0.01700
  3. 0.01500
  4. 0.01250
  5. 0.01000
  6. 0.00865
  7. 0.00750
  8. 0.00675
  9. 0.00560
  10. 0.00490
  11. 0.00440
Click on the level to view price action history.

Symbol Released Current Forecast
Zcash / Bitcoin (ZECBTC) Sun, 21 Feb 2021
Zcash / Bitcoin (ZECBTC) free Sun, 7 Feb 2021
Zcash / Bitcoin (ZECBTC) Mon, 1 Feb 2021
Zcash / Bitcoin (ZECBTC) Sat, 9 Jan 2021
Zcash / Bitcoin (ZECBTC) Mon, 21 Dec 2020