website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Zcash / Bitcoin technical chart
Symbol ZECBTC

Download MT4 template file

Trade Setup

#ZECBTC
Total Profit: 1043 pip (401%)
Closed trade(s): 283 pip Profit (109%)
Open trade(s): 760 pip Profit (292%)

Trade Setup:
We opened 7 BUY trade(s) @ 0.00259 based on 'Valley' entry method at 2021.03.29.

Closed Profit:
TP1 @ 0.00290 touched at 2021.04.02 with 31 pip Profit (12%).
TP2 @ 0.00335 touched at 2021.04.05 with 76 pip Profit (29%).
TP3 @ 0.00435 touched at 2021.04.17 with 176 pip Profit (68%).
31 (12%) + 76 (29%) + 176 (68%) = 283 pip (109%)

Open Profit:
Profit for one trade is 0.00449(current price) - 0.00259(open price) = 190 pip (73%)
4 trade(s) still open, therefore total profit for open trade(s) is 190 (73%) x 4 = 760 pip (292%)

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
  • If the Midterm level 0.00335 is broken, we will close open trades.

DateMay 4, 2021 - 18:11
Currentuptrend
Forecastcontinuation of uptrend
Last weekBullish

Midterm forecast:

  • 0.00335 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  • We will close our open trades, if the Midterm level 0.00335 is broken.

Technical analysis:

  • While the RSI support #1 at 34 is not broken, the probability of price decrease would be too low.
  • A trough is formed in daily chart at 0.00344 on 04/23/2021, so more gains to resistance(s) 0.00490, 0.00535, 0.00665 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 64.

Take Profits:

  1. 0.00290
  2. 0.00335
  3. 0.00435
  4. 0.00535
  5. 0.00665
  6. 0.00865
Click on the level to view price action history.

Symbol Released Current Forecast
Zcash / Bitcoin (ZECBTC) free Tue, 4 May 2021
Zcash / Bitcoin (ZECBTC) Sun, 18 Apr 2021
Zcash / Bitcoin (ZECBTC) free Sun, 11 Apr 2021
Zcash / Bitcoin (ZECBTC) free Sun, 4 Apr 2021
Zcash / Bitcoin (ZECBTC) Sun, 28 Mar 2021