Zcash ZEC/USD is trading at 275. Cryptocurrency is trading above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating that there is a bullish trend in Zcash. The test area of Ichimoku Kinko Hyo signal lines near level 265 is expected, from which one should expect a rebound and an attempt to continue growth with a goal above level 310.
Zcash prediction & analysis ZEC/USD on November 16, 2017
Earlier, a strong signal was obtained for buy of Zcash cryptocurrency due to the crossing of signal lines at level 257. By abolishing the growth option for Zcash there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the level of 235, 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 280.
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