Zcash ZEC/USD is trading at the level of 342.68. Cryptocurrency is traded near the lower boundary of the bullish model of the Wolfe wave. This indicates a possible continuation of the growth of quotations ZEC/USD in the area above the level of 390, after a minor correction. The goal of working out this model is the area above level 420.
Zcash technical analysis & signals on June 26, 2017
Cancellation of the growth and development option will drop the quotations of Zcash below the level of 265, which will indicate the continuation of the decline and the abolition of the bullish Wolfe wave model. At this point, we should expect an attempt to test the area of 307, where we can expect a rebound and the growth of Zcash. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of the level of 350.
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