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

Trade Setup
#ZECUSD
Total Profit: 28585 pip
Closed trade(s): 2749 pip Profit
Open trade(s): 25836 pip Profit

Trade Setup:
We opened 15 BUY trade(s) @ 31.32 based on 'Valley' entry method at 2020.03.30.

Closed Profit:
TP1 @ 33.80 touched at 2020.04.02 with 248 pip Profit.
TP2 @ 39.65 touched at 2020.04.09 with 833 pip Profit.
TP3 @ 48.00 touched at 2020.04.20 with 1668 pip Profit.
248 + 833 + 1668 = 2749 pip

Open Profit:
Profit for one trade is 52.85(current price) - 31.32(open price) = 2153 pip
12 trade(s) still open, therefore total profit for open trade(s) is 2153 x 12 = 25836 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.
  • If the Midterm level 39.65 is broken, we will close open trades.

DateJune 22, 2020 - 15:59
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 39.65 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 39.65 is broken.

Technical analysis:

  • While the RSI support #1 at 42 is not broken, the probability of price decrease would be too low.
  • A trough is formed in daily chart at 48.05 on 06/15/2020, so more gains to resistance(s) 56.15, 63.20, 75.60 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 58.

Take Profits:

  1. 33.80
  2. 39.65
  3. 48.00
  4. 56.15
  5. 63.20
  6. 75.60
  7. 91.00
  8. 100.65
  9. 120.70
  10. 137.55
  11. 150.00
  12. 173.40
  13. 220.60
  14. 328.65
Click on the level to view price action history.

Symbol Released Current Forecast
Zcash (ZECUSD) Sat, 13 Apr 2024
Zcash (ZECUSD) Sat, 6 Apr 2024
Zcash (ZECUSD) Sun, 31 Mar 2024
Zcash (ZECUSD) Sat, 23 Mar 2024
Zcash (ZECUSD) free Sun, 17 Mar 2024