Zcash ZEC/USD is trading at the level of 420. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud near the 410 level is expected to be tested near the 410 level, from which one should expect a rebound and an attempt to continue growth with the goal above the level of 515. 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 19, 2018
Earlier, a strong signal was received for buy of the Zcash cryptocurrency, due to the crossing of the signal lines at 420 level. 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 375, which will indicate the change of the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations ZEC/USD stands with the breakdown of the resistance area and the closing above the level of 475.
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