Zcash ZEC/USD is trading at 235. Cryptocurrency is traded above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bullish trend for Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 230, from which one should expect a rebound and an attempt to further growth with a target above the level of 260.
Zcash forecast & analysis ZEC/USD on November 1, 2017
Earlier, a weak signal was received for sell of Zcash cryptocurrency, by crossing signal lines at level 210. Canceling the growth option for Zcash there will be a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes below level 210, 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 level of 245.
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