Zcash (ZEC/USD) weekly forecast January 8 — 12, 2018


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Zcash ZEC/USD completes trading week near area 715. The cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Zcash. The test area of ​​Ichimoku Kinko Hyo signal lines near the level of 650 is expected, from which it is expected to rebound and continue the development of the upward trend in cryptocurrency with the target near the level of 870. An additional signal will be a test of the support level.

Zcash (ZEC/USD) weekly forecast January 8 — 12, 2018

Zcash (ZEC/USD) weekly forecast January 8 — 12, 2018

Earlier, a strong signal was received for buy of the Zcash cryptocurrency, due to the crossing of the signal lines at the level of 490. Cancellation of the variant of growth of quotations Zcash will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of ​​460, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with a breakdown of the level of 790.


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