Zcash ZEC/USD is trading at 492. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected near the level of 510, from which it is expected to rebound and attempt to continue the fall with a target below the level of 370. An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel.
Zcash forecast & analysis ZEC/USD on January 19, 2018
Earlier, we received a weak signal for sell of Zcash cryptocurrency, due to the intersection of signal lines at 625 level. Cancellation of the variant of falling of quotations Zcash will become a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations above the level of 650, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes ZEC/USD stands with a breakdown of the level of 425.
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