Zcash ZEC/USD is trading at the level of 332. 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 325 level, from which we should expect a rebound and an attempt to continue growth with the target above the level of 385.
Zcash prediction & analysis ZEC/USD on November 28, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a strong signal was received for buy of Zcash cryptocurrency due to the crossing of signal lines at level 296. Cancellation of the variant of Zcash quotations growth will be a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes below level 300, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with a breakdown of the level of 350.
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