Zcash ZEC/USD is trading at 469. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the 480 level, from which we should expect a rebound and an attempt to continue falling with a target below 365.
Zcash forecast & analysis ZEC/USD on January 22, 2018
Earlier we received a weak signal for sell of Zcash cryptocurrency, by crossing 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 of Ichimoku Kinko Hyo with the closing of quotations above the level of 565, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations ZEC/USD is with a breakdown level 430.
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