Zcash ZEC/USD is shopping for and promoting at 635. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which signifies a bullish improvement in Zcash. Ichimoku Kinko Hyo Cloud near the extent 600 is predicted to be examined near the extent of 600, from which one should anticipate a rebound and an attempt to proceed progress with a aim above the extent of 800. An additional sign up favor of the growth of the cryptocurrency could be the verify of the uptrend line.
Zcash forecast & analysis ZEC/USD on January 11, 2018
Earlier, a sturdy signal was obtained for buy of Zcash cryptocurrency, due to the crossing of signal strains at 630 stage. Cancellation of the variant of progress of quotations Zcash shall be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations beneath the extent of 550, which might level out a change inside the bullish improvement in favor of a bearish improvement. Expect to hurry up the growth of quotations ZEC/USD stands with the breakdown of the upper limit of the model «Wedge» and shutting above the extent of 650.