Zcash ZEC/USD is trading at the level of 300. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Zcash. Ichimoku Kinko Hyo indicator area signal lines are expected near the level of 275, from which one should expect a rebound and an attempt of further growth with a goal above the level of 380. An additional signal in favor of the growth of the crypto currency will be a test of the support level.
Zcash prediction & analysis ZEC/USD on October 2, 2017
Earlier, a strong signal was received for buy of Zcash cryptocurrency due to the crossing of signal lines at level 186. The cancellation of the variant of Zcash quotations growth will be the breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes below area 245, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ZEC/USD stands with a breakdown of the level of 345.