Zcash Buy Opportunity

The market moved above 220.00 resistance level. A new swing low allows us to draw an uptrend line. Based on this new uptrend line we can consider that the market is going to move upward. RSI confirmed price reversal. MACD histogram supports upward movement. ADX line starts falling and it tells us that the bears are not so strong now. If the market breaks the downtrend line, it will be a confirmation of further upward movement. In order to catch such movement, we can place pending orders for buy at 228.00 level with stop orders at 205.00 level. Profit targets are 250.00 and 300.00 levels.