Zcash ZEC/USD is trading at 431. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test near the 400 level is expected, from which it is expected to rebound and try to continue growth with the target above the level of 525. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.
Zcash forecast & analysis ZEC/USD on February 12, 2018
Earlier, a weak signal was received for buy of Zcash cryptocurrency, due to the crossing of signal lines at the level of 300. Cancellation of the variant of growth of Zcash quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the level of 305, 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 490.
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