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Weekly forecast Zcash technical chart
Symbol ZECUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
DateMarch 12, 2023 - 19:57
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 50.10 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 51.3 on 02/20/2023, so more losses to support(s) 23.9, 17.1 and more depths 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 28.
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
History
Daily-Trading-Opportunities on ZECUSD.