Zcash ZEC/USD is trading at the level of 453. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected near the level 410, from which it is expected to rebound and try to continue growth with a target above 545.
Zcash forecast & analysis ZEC/USD on December 15, 2017
An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the bullish channel. Earlier, we received a weak signal for buy of Zcash cryptocurrency due to the crossing of signal lines at level 305. 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 the level of 340, which will indicate an bullish in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with a breakdown of the level of 490.
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