Zcash Double Bottom

The price bounces from 200.00 strong support level. RSI confirms price reversal. MACD histogram supports upward movement. We have buy opportunity and a double bottom is an additional signal confirming trend reversal. DMI allows open long trades. The daily chart is also good for buying. Entry level should be between 220.00-225.00 levels. Stop orders can be placed at 193.00 level. Profit targets are 250.00 and 300.00 resistance levels. The part of long positions should be left for long term.