Zcash ZEC/USD is trading at 272. Cryptocurrency is trading above the upper Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Zcash. A test of the lower border of the uplink near the level 245 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with a target to growth near the level of 320. An additional signal in favor of the growth of the cryptocurrency quotes will be the test of the support area.
Zcash forecast & analysis ZEC/USD on August 30, 2017
Earlier, a strong signal was received for buying of Zcash cryptocurrency due to the crossing of signal lines at level 228. The 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 quotes below area 240, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ZEC/USD is worth a breakdown of the level of 285.
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