Cryptocurrency Zcash ZEC/USD is trading at the level of 376.60. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the existence of a bullish trend for Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 348, from which one should expect an attempt to grow and develop a bullish trend for Zcash with a potential growth target near the level of 457.
Zcash forecast ZEC/USD on June 20, 2017
Previously, a strong signal was obtained for buying of Zcash cryptocurrency, by crossing signal lines at level 355. The cancellation of the ZEC/USD cryptocurrency growth scenario will be a breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below the 325 area, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with the breakdown of the local maximum area at 405.
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