Zcash ZEC/USD is trading at the level of 305. Cryptocurrency is traded below the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the 310 level is expected to be tested near the 310 level, from which one should expect a rebound and an attempt to continue the fall with a target below the level of 250.
Zcash forecast & analysis ZEC/USD on December 9, 2017
Earlier, a weak signal was received for sell of Zcash cryptocurrency due to the crossing of signal lines at 320. Zcash there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the level of 335, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ZEC/USD stands with the breakdown of the lower boundary of the model «Triangle» and the closure below the level of 265.
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