Zcash ZEC/USD is trading at 271. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Zcash. The test of the upper bound of the Cloud of the indicator near the level of 270 is expected, from which it is expected to attempt a rebound and further development of the bullish trend for the target of growth above the level of 320.
Zcash forecast & analysis ZEC/USD on September 1, 2017
An additional signal for the growth of the cryptocurrency quotations will be the test of the support area. Earlier, a strong signal was received for buying of Zcash cryptocurrency due to the crossing of signal lines at level 272. Canceling the variant of Zcash quotations growth will be a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes below area 250, which will indicate a change in 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 285.
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