Zcash ZEC/USD is trading at 566. 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 to test near the 555 level, from which one should expect a rebound and an attempt to continue growth with a target above the level of 660.
Zcash forecast & analysis ZEC/USD on December 21, 2017
An additional signal in favor of the growth of the cryptocurrency will be an uptrend line test. Earlier, we received a weak signal for buy of the Zcash cryptocurrency, due to the crossing of the signal lines at the level of 305. Canceling the variant of Zcash quotations growth will be the breakdown of the Ichimoku Kinko Hyo cloud bottom with the closing of quotations below the level 440, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD is worth a breakdown level of 600.
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