Zcash ZEC/USD is trading at the level of 301. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level 315, from which we expect a rebound and an attempt to continue the fall with a target below the level of 285.
Zcash forecast & analysis ZEC/USD on December 12, 2017
Earlier, a strong signal was obtained for sell of Zcash cryptocurrency, by crossing signal lines at level 305. By abolishing the variant of Zcash there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the level of 320, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ZEC/USD is with the breakdown of the lower limit of the model «Triangle» and the closure below the level of 275.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
