Zcash ZEC/USD is closing the trading week near area 469. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. A test of the lower border of the uplink near the 450 level is expected, from which it is expected to rebound and continue the development of the bullish trend in the cryptocurrency with the aim near the level of 620.
Zcash (ZEC/USD) weekly forecast January 22 — 26, 2018
Earlier, a weak signal was obtained for sell of Zcash cryptocurrency, due to crossing of signal lines at 550 level. Cancellation of the variant of Zcash quotations growth will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 400, 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 560.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
