Zcash ZEC/USD completes trading week near area 494. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test is near the 450 level, from which it is expected to rebound and continue the development of the bullish trend in cryptocurrency with the aim near the level of 610. An additional signal will be a test of the broken channel.
Zcash (ZEC/USD) weekly forecast December 18 — 22, 2017
Earlier, a strong signal was received for buy of Zcash cryptocurrency due to the intersection of signal lines at level 295. The abolition of the variant of Zcash quotations growth will be the breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations below area 340, 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 510.
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