Zcash ZEC/USD is trading at the level of 332. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to be near the 320 level, from which we should expect a rebound and an attempt to continue growth with a target above the level of 400.
Zcash forecast & analysis ZEC/USD on December 13, 2017
Earlier we received a weak signal for buy of Zcash cryptocurrency due to the crossing of signal lines at level 305. Canceling the growth of quotations Zcash will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the level of 285, 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 a breakdown of the level of 340.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
