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Zcash (ZEC) - March 23

BITFINEX:ZECUSD   Zcash
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(ZECUSD 1W Chart)
(Full: www.tradingview.com/x/Q0n9b4FT/)
We need to see if we can break out of the two downtrend lines while maintaining the price above the 162.04 point.

A move above the 239.40 point is expected to accelerate the uptrend.

You need to see if it is moving higher than the two downtrend lines around the week that includes the 25th of April.

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(ZECUSDT 1D Chart)
Resistance range: 209.6-232.7
Support section: 94.0-117.1

However, it is important to keep the price above the 163.4 point to continue the uptrend.

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(ZECBTC 1W chart)
Above the 0.004341-0.005954 interval: Expect an upward trend reversal

Above 0.008700 point: Expected to create a new wave.

However, it is important to get support above the 0.003299 point in order to break out of the 0.002058-0.004650 section, which is the bottom section.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/

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