Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

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

Trade Setup
#ZECUSD
Total Profit: -30394 pip
Closed trade(s): 0 pip Profit
Open trade(s): -30394 pip Profit

Trade Setup:
We opened 13 BUY trade(s) @ 51.19 (day close price) based on 'Valley' at 2019.09.17.

Open Profit:
Profit for one trade is 27.81(current price) - 51.19(open price) = -2338 pip
13 trade(s) still open, therefore total profit for open trade(s) is -2338 x 13 = -30394 pip

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.

DateSun, 12/01/2019 - 19:46
Currentrange bound
Forecastbeginning of uptrend
Last weekBearish

Midterm forecast:

  • While the price is above the support 25.55, beginning of uptrend is expected.
  • We make sure when the resistance at 53.40 breaks.
  • If the support at 25.55 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 47.6 on 2019-08-17 and the trough at 30.2 on 2019-09-24, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
  • The RSI bounced from the support #1 at 19 and it prevented price from more losses.
  • While the RSI downtrend #2 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 42.00 on 10/28/2019, so more losses minimum to Major Support (25.55) 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 27.

Take Profits:

  1. 56.15
  2. 63.20
  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) free Sun, 12 Jan 2020
Zcash (ZECUSD) Mon, 30 Dec 2019
Zcash (ZECUSD) Tue, 24 Dec 2019
Zcash (ZECUSD) Mon, 9 Dec 2019
Zcash (ZECUSD) Sun, 15 Dec 2019