Zcash ZEC/USD is trading at 219. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in Zcash. The test area of Ichimoku Kinko Hyo indicator lines near the 200 level is expected, from which one should expect a rebound and an attempt of further growth with the goal above the level of 265. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.
Zcash prediction & analysis ZEC/USD on September 27, 2017
Earlier, a strong signal was received for buy Zcash cryptocurrency due to the crossing of signal lines at level 186. Canceling the growth of Zcash quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 170, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD is with a breakdown level of 230.