website utilities


Follow us:
+1 64 64 8000 31 (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 technical chart
Symbol ZECUSD

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (48.15 to 44.85). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

While the price is below the level 65.15, the probability of beginning of uptrend is too weak, so we would enter the market with buy trades based on Daily-Trading-Opportunities and a day close price above 65.15 and expect to reach short-term targets.

  • Beginning of entry zone (48.15)
    • Support on 12/14/2018
    • Support on 12/15/2018
    • Support on 01/28/2019
    • Support on 01/29/2019
    • Support on 01/30/2019
    • Support on 02/01/2019
    • Support on 02/02/2019
    • Support on 02/03/2019
    • Support on 02/04/2019
    • Support on 02/05/2019
    • Support on 03/04/2019
    • Support on 03/05/2019
    • Support on 03/09/2019
    • Support on 08/15/2019
    • Support on 08/16/2019
    • Support on 08/21/2019
    • Support on 08/22/2019
  • Ending of entry zone (44.85)
    • Support on 03/04/2019
    • Trough on 08/17/2019

DateAugust 26, 2019 - 16:00
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 80.10 would begin in Midterm.

Technical analysis:

  • The Rising Wedge taking shape and as a bearish pattern suggests we will soon see another leg lower if price breaks and closes below uptrend.
  • The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
  • A peak is formed in daily chart at 54.60 on 08/20/2019, so more losses minimum to Trend Hunter Buy Zone (48.15 to 44.85) 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 39.

Take Profits:

  1. 63.20
  2. 67.60
  3. 73.65
  4. 80.10
  5. 91.00
  6. 100.65
  7. 120.70
  8. 137.55
  9. 150.00
  10. 173.40
  11. 220.60
  12. 328.65
Click on the level to view price action history.

Symbol Released Current Forecast
Zcash (ZECUSD) Sat, 23 Mar 2024
Zcash (ZECUSD) free Sun, 17 Mar 2024
Zcash (ZECUSD) Sun, 10 Mar 2024
Zcash (ZECUSD) Sun, 3 Mar 2024
Zcash (ZECUSD) Sat, 24 Feb 2024