Zcash ZEC/USD is trading at the level of 230. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend for Zcash. Ichimoku Kinko Hyo indicator cloud is expected near the level of 217, from which one should expect an attempt of growth and further development of the bullish trend with the target of growth near the level of 280.
Zcash prediction & analysis ZEC/USD on August 24, 2017
Earlier, a signal of average strength was obtained for buying of the Zcash cryptocurrency, by crossing the signal lines at level 218. Cancellation of the variant of growth of quotations Zcash will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above area 210, which will indicate the change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with a breakdown of the level of 240.
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