Zcash ZEC/USD is trading at 471. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected near the level 460, from which we expect a rebound and an attempt to continue growth with a target above 550. Earlier we received a weak signal for buy of Zcash cryptocurrency due to crossing of signal lines at level 305.
Zcash forecast & analysis ZEC/USD on December 18, 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 level of 370, 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 485.
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