Zcash ZEC/USD is trading at the level of 260. The Crypto currency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the bullish trend for Zcash. A test of the lower border of the uplink near level 245 is expected, from which it is expected to attempt a rebound and further development of the bullish trend with a target to growth near level 310.
Zcash prediction & analysis ZEC/USD on August 29, 2017
Earlier, a strong signal was received for buying of Zcash cryptocurrency due to the crossing of signal lines at level 228. Canceling the growth of quotations Zcash will become a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below area 240, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with a breakdown of the level of 285.
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