Zcash ZEC/USD is trading at 346. Cryptocurrency is traded above the upper bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo upper limit test is expected near the level 340, from which we should expect a rebound and an attempt to continue growth with a target above 410. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the bullish channel.
Zcash prediction & analysis ZEC/USD on November 30, 2017
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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