Zcash ZEC/USD is trading at the level of 307. Cryptocurrency is traded above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating that there is a bullish trend in Zcash. The test area of Ichimoku Kinko Hyo signal lines near the level 300 is expected, from which we should expect a rebound and an attempt to continue growth with a target above the level of 350.
Zcash prediction & analysis ZEC/USD on November 24, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel. Earlier, a strong signal was received for buy of the Zcash cryptocurrency due to the crossing of signal lines at level 296. The abolition of the variant of Zcash quotations growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the level of 270, 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 worth a breakdown level of 325.
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