Zcash ZEC/USD is trading at the level of 356. Cryptocurrency is traded above the upper bound of the Cloud of the Ichimoku indicator Kinko Hyo, which indicates the presence of a bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test near the 340 level is expected, from which it is expected to rebound and attempt to continue growth with a target above 410.
Zcash prediction & analysis ZEC/USD on November 29, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the bullish channel. 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 quotations below level 320, 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 365.
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