Zcash ZEC/USD is trading at 225. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is a bullish trend in Zcash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near level 215, from which it is expected to rebound and attempt to continue growth with a target above the level of 260.
Zcash forecast & analysis ZEC/USD April 18, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a weak signal was received for buy of the Zcash, due to the crossing of the signal lines at the level of 180.
Cancellation of the variant of Zcash quotations growth will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the level of 195, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with the breakdown of the upper limit of the model «Wedge» and the closing above the level of 235.
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