Zcash ZEC/USD is trading at 226. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in Zcash. ZEC/USD is expected to fall in the support area at 225, from which it is expected to attempt a growth and further development of the bullish trend with a target to rising near the level of 275.
Zcash forecast & analysis ZEC/USD on August 13, 2017
Earlier, a weak signal was obtained for sales of Zcash cryptocurrency, by crossing signal lines at 230 level. Variant of the growth of quotations Zcash will breakdown the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below area 215, 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 a breakdown of the level of 240.
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