Zcash ZEC/USD is trading at level 210. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the 198 level, from which one should expect an attempt at growth and further development of the bullish trend with a view to rising near the level of 265.
Zcash ZEC/USD prediction & analysis on July 23, 2017
Earlier, a weak signal was obtained for buying of Zcash cryptocurrency due to the crossing of signal lines at level 164. Canceling option Growth of quotations Zcash will breakdown the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes below the area of 175, which indicates the change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations for ZEC/USD is with the breakdown of the local maximum area at 225.
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