Zcash ZEC/USD is trading at 397. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo signal line area test near level 410 is expected, from which it is expected to rebound and attempt to continue falling with a target below the level of 315.
Zcash forecast & analysis ZEC/USD on December 31, 2017
Earlier, a strong signal was received for sell of Zcash cryptocurrency, due to crossing of signal lines at level 465. Cancellation of the variant of falling of quotations Zcash will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the level 535, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ZEC/USD stands with a breakdown of the level of 360.
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