Support and resistance range: 372.0 ~ 414.23

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Support and resistance range: 372.0 ~ 414.23Zcash / TetherUSBINANCE:ZECUSDTreadCrypto Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Have a nice day today. ------------------------------------- The areas marked with circles are important support and resistance areas. The current price is located in the range 372.0 to 414.23. I think that anything below 216.60 is likely to enter the mid- to long-term investment zone. The start of the uptrend is expected to begin when the price holds above 427.94. - The key is whether it can rise above 414.23 to 427.94 and receive support. If not, you should check for support in the 338.72 to 372.0 range. If it falls below the 338.72 to 372.0 range, it is expected to fall to around 216.60 to 237.86. - The HA-Low indicator, which marks the low point, is at 237.86, and the HA-High indicator, which marks the high point, is at 551.97. Therefore, since the section 372.0 to 414.23 corresponds to the middle section, it can be said that support in this section is important. In order for the price to continue its upward trend, buying pressure must eventually increase. Therefore, the OBV indicator should show an upward trend. In that sense, I think it is highly likely that the upward trend will continue only if the secondary indicator OBV indicator rises above the High Line and remains there. However, since the current OBV indicator is located near the Low Line, we can see that the buying trend is weak. Therefore, when it rises to the 414.23 to 427.94 range and shows support, you should check whether the OBV indicator has risen above the High Line. - The current price can be considered to be in a good range for trading ZEC. However, there are some ambiguities about buying at the current price with a new transaction. As explained above, it is unclear whether support will rise as it rises to the 414.23 to 429.94 range, so if possible, you should check whether the OBV indicator shows an upward trend when it shows support in the 414.23 to 427.94 range. Since the current price is in the middle range, you can match the average purchase price by making the first purchase near the current price and making the second purchase when the price falls and approaches 237.86. At this time, the important thing is that when the price starts to rise and then starts to fall, you need a strategy to secure cash by selling part of the secondary purchase. This gives you the power to buy when it falls again. - Thank you for reading until the end. I wish you a successful transaction. --------------------------------------------------