Zcash ZEC/USD completes the trading week near area 341. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test is near the 310 level, from which it is expected to rebound and continue to develop a bullish trend in the cryptocurrency with the target near the level of 435. An additional signal of the growth of the cryptocurrency will be a test of the support level.
Zcash weekly forecast November 27 — December 1, 2017
Earlier, we received a weak signal for buy of Zcash cryptocurrency due to the crossing of signal lines at level 230. 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 250, 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 370.
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