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: 11053 pip
Closed trade(s): 3943 pip Profit
Open trade(s): 7110 pip Profit

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

Closed Profit:
TP1 @ 56.15 touched at 2020.01.15 with 496 pip Profit.
TP2 @ 63.20 touched at 2020.01.17 with 1201 pip Profit.
TP3 @ 73.65 touched at 2020.02.12 with 2246 pip Profit.
496 + 1201 + 2246 = 3943 pip

Open Profit:
Profit for one trade is 58.30(current price) - 51.19(open price) = 711 pip
10 trade(s) still open, therefore total profit for open trade(s) is 711 x 10 = 7110 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, 02/16/2020 - 22:16
Currentrange bound
Forecastresumption of uptrend
Last weekBearish

Midterm forecast:

  • While the price is above the support 46.30, resumption of uptrend is expected.
  • We make sure when the resistance at 73.65 breaks.
  • If the support at 46.30 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the peak at 64.8 on 2020-01-17 and the peak at 75.6 on 2020-02-13, the probability of uptrend continuation is decreased and the probability of beginning the correction wave is increased.
  • The RSI uptrend #1 is broken, so the probability of resumption of uptrend is decreased.
  • A peak is formed in daily chart at 75.60 on 02/13/2020, so more losses to support(s) 56.15 and minimum to Major Support (46.30) 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 44.

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) new free Tue, 7 Apr 2020
Zcash (ZECUSD) Sun, 22 Mar 2020
Zcash (ZECUSD) Wed, 11 Mar 2020
Zcash (ZECUSD) Sun, 23 Feb 2020
Zcash (ZECUSD) Sun, 16 Feb 2020