Zcash ZEC/USD is closing the trading week near the area of 306. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 295 is expected to be tested near the level of 295, from which it is expected to rebound and continue to develop a bullish trend in cryptocurrency with a target near the level of 440.
Zcash (ZEC/USD) weekly forecast December 11 — 15, 2017
Earlier, a weak signal was obtained for buy of Zcash cryptocurrency due to the intersection of signal lines at level 230. Canceling option growth of quotations Zcash will breakdown the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 245, which indicates the change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with the breakdown of the upper limit of the model «Triangle» and the closing above the level of 370.
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