Zcash ZEC/USD is trading at 626. The cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud near the 610 level is expected to be tested near the 610 level, from which one should expect a rebound and an attempt to continue growth with the target above the level of 780.
Zcash forecast & analysis ZEC/USD on January 12, 2018
Earlier, a weak signal was received for sell of Zcash cryptocurrency, due to the crossing of signal lines at 630 level. Cancellation of the variant of growth of quotations Zcash will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the level of 550, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD is with a breakdown of the resistance level and closing above the level of 690.