ZCASH forecast & trading signals on June 24, 2017


ZCASH ZEC/USD is trading at 377.06. Quotes of the cryptocurrency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for ZCASH. At the moment, quotes of the pair test the average border of the bands of the indicator Bollinger Bands. A test of the moving average area is expected at 362, where again we should expect an attempt to continue growth and further development of the bullish trend for ZCASH cryptocurrency for growth near 450.

ZCASH forecast & trading signals on June 24, 2017

ZCASH forecast & trading signals on June 24, 2017

The conservative area for ZCASH buying is located near the lower boundary of the Bollinger Bands indicator strip at 350. Canceling option the continuation of the growth of the ZEC/USD cryptocurrency will be a breakdown of the moving average region with the level of 55, as well as the lower boundary of the Bollinger Bands indicator bars and the closing of the ZCASH quotes below the 335 area, which indicates a change in the trend in bearish on ZEC/USD. In the event of a breakdown of the upper boundary of the Bollinger Bands, it is expected to accelerate the growth of the cryptocurrency in the area below the level of 450.


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