Zcash ZEC/USD is trading at 488. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 495 is expected to be tested near the level of 495, from which one should expect a drop and attempt to fall below 345 level.
Zcash forecast & analysis ZEC/USD on December 26, 2017
Previously, we received a weak signal for sell of Zcash cryptocurrency due to crossing of signal lines at 550. Zcash breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the level of 520, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations ZEC/USD is with a breakdown of the level of the lower boundary of the model «Triangle» and closing below 400.
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