Zcash ZEC/USD is trading at 289. Cryptocurrency is traded above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating that there is a bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test is near the 280 level, from which we expect a rebound and an attempt to continue growth with the goal above the level of 340.
Zcash prediction & analysis ZEC/USD on November 19, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a test of the lower boundary of the bullish channel. Earlier, a strong signal was received for buy of Zcash cryptocurrency due to the crossing of signal lines at level 257. The cancellation of the variant of Zcash quotations growth will be the breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes below the level of 265, 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 with a breakdown of level 310.
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