Zcash ZEC/USD is trading at the level of 297. Cryptocurrency is traded above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, which indicates that there is a bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test near level 290 is expected, from which it is expected to rebound and attempt to continue growth with the target above the level of 340.
Zcash prediction & analysis ZEC/USD on November 20, 2017
An additional signal in favor of the growth of the cryptocurrency will be the 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 287. Canceling the variant of Zcash quotations growth will be a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations below the level of 265, 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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