Trade Recommendation: Zcash
The trading idea is based on a breakout above the downtrend line and the local swing high with further upward movement. Pending orders for buy can be placed at 342.00 level with stop orders below SMA100 at 310.00 level. The main profit target should be at 400.00 level. If you don’t use leverage, trading volume for this trade is up to 5% from your deposit.
Profit Targets: 400.00
The trading signal is based on Poloniex chart.
Disclaimer: The analyst does not have investments in Zcash.