Zcash ZEC/USD is trading at the level of 264. Cryptocurrency is traded above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating that there is a bullish trend in Zcash. The Ichimoku Kinko Hyo signal line area test is expected near the 255 level, from which it is expected to rebound and attempt further growth with the goal above the level of 265.
Zcash forecast & analysis ZEC/USD on November 11, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a weak signal was received for buy of Zcash cryptocurrency due to the crossing of signal lines at level 225. The abolition of the variant of Zcash quotations growth will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below the level of 235, which indicates the change of 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 275.
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