Technical analysis by Peet_Serfontein about Symbol ZEC: Buy recommendation (12/1/2023)

ZEDUSD: remains above key support A price action above 29.00 supports a bullish trend direction. Increase long exposure for a break above 31.50. The target price is set at 33.50. The stop-loss price is set at 27.50. Remains above its 200-day simple moving average. Remaining above this key support will confirm a bullish long-term trend. Re-test of the 200-day also seems likely.