Zcash ZEC/USD is shopping for and promoting on the diploma of 264. Cryptocurrency is traded above the upper certain of the Ichimoku Kinko Hyo Indicator Cloud, indicating that there is a bullish improvement in Zcash. The Ichimoku Kinko Hyo signal line area test is predicted near the 255 diploma, from which it is anticipated to rebound and take a look at extra progress with the goal above the extent of 265.
Zcash forecast & analysis ZEC/USD on November 11, 2017
An additional register favor of the growth of the cryptocurrency will probably be a test of the assistance diploma. Earlier, a weak signal was acquired for buy of Zcash cryptocurrency due to the crossing of signal strains at diploma 225. The abolition of the variant of Zcash quotations progress could be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations beneath the extent of 235, which signifies the change of the bullish improvement in favor of the bearish improvement. Expect to hurry up the growth of quotations ZEC/USD is worth a breakdown of the extent of 275.