Cryptocurrency Zcash ZEC/USD is trading at 430.50. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the existence of a bullish trend for Zcash. The Ichimoku Kinko Hyo signal line area test is near the 390 level, from which one should expect an attempt to grow and develop the bullish trend for Zcash with a potential growth target near the level of 500.
Zcash forecast ZEC/USD on June 21, 2017
Earlier, a strong signal was obtained for buying of Zcash cryptocurrency, due to the crossing of 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 quotes below the 335 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 435.
