Zcash forecast & analysis ZEC/USD on August 25, 2017

Zcash ZEC/USD is trading at 227. Cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, which indicates a bullish trend for Zcash. The Ichimoku Kinko Hyo indicator cloud is expected near the level of 220, from which one should expect an attempt at growth and further development of the bullish trend with a target to growth near level 270.

Zcash forecast & analysis ZEC/USD on August 25, 2017

Zcash forecast & analysis ZEC/USD on August 25, 2017

Earlier, a strong signal was obtained for buying of Zcash cryptocurrency, by crossing signal lines at level 228. Canceling the variant of growth of quotations Zcash will become a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below 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 240.


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