Zcash ZEC/USD is trading at 286. Cryptocurrency is traded above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test is expected near the 280 level, from which it is expected to rebound and try to continue growth with the goal above 345 level. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.
Zcash prediction & analysis ZEC/USD on November 18, 2017
Earlier, a strong signal was received for buy of Zcash cryptocurrency due to the crossing of signal lines at level 257. The abolition of the variant of Zcash quotations growth 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 is with a breakdown of level 310.
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