Zcash ZEC/USD is trading at 668. Cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, which indicates an upward trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the 640 level, from which we should expect a rebound and an attempt to continue growth with the target above the level of 770.
Zcash forecast & analysis ZEC/USD on December 22, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of a broken trend line. Earlier, we received a weak signal for buy of Zcash cryptocurrency due to the crossing of signal lines at the level of 305. The abolition of the variant of Zcash quotations growth will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below 480, which will indicate a 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 690.
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