Zcash ZEC/USD is trading at 213. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Zcash. ZEC/USD is expected to fall to 197 level, from which it is expected to attempt a growth and further development of the bullish trend with a target to rising near the level of 240.
Zcash ZEC/USD prediction & analysis on August 9, 2017
Earlier, a weak signal was obtained for buying of Zcash cryptocurrency due to the crossing of signal lines at level 177. Canceling the growth of quotations Zcash will become a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below area 185, which will indicate a shift in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for ZEC/USD is with the breakdown of the local maximum area at 220.
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