Zcash forecast & analysis ZEC/USD on October 30, 2017


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Zcash ZEC/USD is trading at 229. Cryptocurrency is trading above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bullish trend for Zcash. Ichimoku Kinko Hyo Cloud near the level 225 is expected to be tested near the level of 225, from which one should expect a rebound and an attempt at further growth with a target above 250.

Zcash forecast & analysis ZEC/USD on October 30, 2017

Zcash forecast & analysis ZEC/USD on October 30, 2017

Earlier, a weak signal was obtained for buy of Zcash cryptocurrency due to the crossing of signal lines at level 210. Cancellation of the Zcash there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 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 stands with a breakdown of the level of 235.

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