Zcash ZEC/USD is trading at 336. Cryptocurrency is traded within the Ichimoku Kinko Hyo Indicator Cloud, indicating a flat trend in Zcash. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the 325 level, from which one should expect a rebound and an attempt to continue growth with the goal above the level of 375.
Zcash prediction & analysis ZEC/USD on December 4, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, we received a weak signal for buy of Zcash cryptocurrency due to the crossing of signal lines at level 215. Canceling the variant of Zcash quotations growth will be a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations below level 320, which indicates a change in the flat trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with the breakdown of the upper boundary of the Cloud and the closing above the level of 355.
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