Zcash ZEC/USD is closing the trading week near the area of 242. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend for Zcash. The Ichimoku Kinko Hyo indicator cloud is expected near the level 235, from which it is expected to rebound and continue the growth of the cryptocurrency with the target near the level of 395. Earlier, a weak signal was received for sell of Zcash cryptocurrency, due to the crossing of the signal lines at the level of 270.
Zcash weekly forecast on October 16 — 20, 2017
Cancellation of the growth of quotations Zcash will become a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 190, which will indicate the change of 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 265.
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