Zcash ZEC/USD is trading at 277. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Zcash. A test of the lower border of the uplink near level 270 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 320. An additional signal in favor of the growth of the cryptocurrency quotes will come from the support area test.
Zcash prediction & analysis ZEC/USD on August 31, 2017
Earlier, a weak signal was received for sales of Zcash cryptocurrency due to crossing of signal lines at level 267. Canceling the variant of growth of Zcash quotes will be a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes below area 245, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ZEC/USD is worth a breakdown of the level of 285.
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