Zcash ZEC/USD is trading at 221. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend for Zcash. Ichimoku Kinko Hyo indicator cloud is expected near the level of 217, from which one should expect an attempt of growth and further development of the bullish trend for the target of growth near the level of 260.
Zcash forecast & analysis ZEC/USD on August 23, 2017
Earlier, a signal of medium strength was obtained for buying of the Zcash cryptocurrency, by crossing the signal lines at level 218. Cancellation of the variant of Zcash quotations growth will be a breakdown of the upper boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations above area 210, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with a breakdown of the level of 235.
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