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. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 290, from which one should expect a rebound and an attempt to continue growth with the target above the level of 340.
Zcash prediction & analysis ZEC/USD on November 21, 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 weak signal was received for sales of Zcash cryptocurrency due to the crossing of signal lines at level 296. 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 quotations below the level of 270, which will indicate a bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD is with a breakdown of level 305.
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