Zcash ZEC/USD is trading at 281. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 275, from which it is expected to rebound and try to continue growth with a target above the level of 340.
Zcash forecast & analysis ZEC/USD April 27, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, we received a weak signal for sell of Zcash cryptocurrency, due to the crossing of signal lines at the level of 280.
Cancellation of the variant of growth of quotations Zcash will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the level of 250, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with the breakdown of the resistance area and the closing above the level of 320.
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