Zcash Entry Level

The price can bounce from the support zone formed by SMA50, SMA100 and the uptrend line. If the market moves above 250.00 resistance level and the previous high, it will be a confirmation of further upward movement. We can place pending orders for buy above this high at 251.80 level. Stop orders must be placed below the previous swing low at 225.50 level. Profit targets are 300.00 and 400.00 levels.