Zcash ZEC/USD is trading at 255. Cryptocurrency is traded above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 245 is expected to be tested near the level of 245, from which we expect a rebound and an attempt to continue growth with a target above the level of 290.
Zcash forecast & analysis ZEC/USD on November 13, 2017
Earlier, we received a weak signal for sell of Zcash cryptocurrency due to the crossing of signal lines at level 255. Canceling the growth of Zcash there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the level of 235, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with a breakdown of the level of 265.
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