Zcash ZEC/USD is trading at the level of 292. Cryptocurrency is traded above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating that there is a bullish trend in Zcash. A test of the Ichimoku Kinko Hyo signal line area near level 275 is expected, from which one should expect a rebound and an attempt to continue growth with the goal above the level of 330.
Zcash prediction & analysis ZEC/USD on November 17, 2017
Earlier, a strong signal was received for buy of Zcash crypto currency due to the crossing of signal lines at level 257. Cancellation of the growth option for Zcash there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the level of 255, 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 level 320.
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