Zcash Double Bullish Divergence
The trading idea is based on a double bullish divergence. The price diverges with MACD and RSI and it gives us a trend reversal signal. MACD supports upward movement. DMI allows us to open long trades. Pending orders for buy can be placed above the high of the previous bullish candle at 236.00 level. Stop orders should be placed below the local low at 216.00 level. Profit targets can be based on whole numbers like 300.00 and 400.00 levels.
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