Zcash ZEC/USD is trading at 495. 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 500 level is expected to be tested near the 500 level, from which one should expect a rebound and attempt to fall below 345 level.
Zcash forecast & analysis ZEC/USD on December 27, 2017
Earlier, a weak signal was received for buy of Zcash cryptocurrency due to the crossing of signal lines at 460 level. 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 the acceleration of the fall in quotes ZEC/USD stands with the breakdown of the level of the lower boundary of the model «Triangle» and closing below 410.
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