ZCash(ZEC) Analysis

(ZEC) is trading now in a neutral trend Direction after the bullish trend that we announced before while hitting the target we predicted & reached a new high historical area at $ 190.64

You can read the last analysis here >>> ZCash (ZEC) Analysis13 Jan 2021

(ZEC) is trading now at $ 162.23

Our view of (ZEC) is doing a great performance with good volume after testing the first new support area which shows the power of the buyers that tend to hit again in a short time & interesting  the historical resistance price area at $ 190.64

On the other hand, you should (carefully) follow the support & resistance areas to save your trading side

AS we advise buyers to place a stop loss at the support areas, breaking this area leads to another down one.

As shown in

The Chart Below

Prediction:

Target: hit & exceed the area of 190.00 with a good volume in order to fly to the area of $ 220.00

The ZCash cryptocurrency (ZEC), in the case of breaking the area of $ 142.00, may target levels below the areas of $ 126.00

Support & Resistance:

Support: $ 142.00 - $ 126.00

Resistance: $ 190.64

Important:

The result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future.