Zcash ZEC/USD is trading at 510. Cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected near the 485 level, from which it is expected to rebound and try to continue growing above 620. Earlier we received a weak signal for buy of Zcash cryptocurrency due to the intersection of signal lines at level 305.
Zcash forecast & analysis ZEC/USD on December 19, 2017
Canceling the growth of quotations Zcash will become a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the 380 level, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD is with a breakdown of the level of 530.
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