Zcash ZEC/USD is trading at 435. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Zcash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near level 430, 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 21, 2018
Earlier, a weak signal was received for sell of Zcash cryptocurrency, due to the crossing of signal lines at level 425. 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 385, 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 465.
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