Zcash ZEC/USD is shopping for and promoting at 242. Cryptocurrency is traded above the upper positive of the Ichimoku Kinko Hyo Indicator Cloud, indicating that there is a bullish sample in Zcash. Ichimoku Kinko Hyo signal line house check out is near the 235 diploma, from which it is anticipated to rebound and check out extra improvement with the aim above the extent of 265.
Zcash forecast & analysis ZEC/USD on November 9, 2017
An additional check in favor of the enlargement of the cryptocurrency can be the formation of the «Head and Shoulders» reversal model. Earlier, we obtained a weak signal for buy of Zcash cryptocurrency due to the crossing of signal strains at diploma 225. The abolition of the variant of Zcash quotations improvement is usually a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations beneath diploma 220, which is ready to level out a change inside the bullish sample in favor of a bearish sample. Expect to hurry up the enlargement of quotations ZEC/USD is worth a breakdown diploma of 250.