Zcash ZEC/USD is buying and selling at 433. The cryptocurrency is traded above the higher boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish pattern in Zcash. Ichimoku Kinko Hyo Cloud close to the extent 420 is predicted to be examined close to the extent of 420, from which we must always anticipate a rebound and an try to proceed development with a goal above 545. An further sign in favor of the expansion of the cryptocurrency would be the higher restrict of the «Triangle» mannequin.
Zcash forecast & analysis ZEC/USD on February 16, 2018
Earlier, a robust sign was obtained for purchase of the Zcash cryptocurrency, because of the crossing of the sign traces at 420 degree. Cancellation of the variant of development of quotations Zcash shall be a breakdown of the decrease boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations under the extent 335, which is able to point out a change within the bullish pattern in favor of a bearish pattern. Expect to speed up the expansion of quotations ZEC/USD is with a breakdown of the resistance space and the closing above the extent of 470.