Zcash ZEC/USD is trading at 387. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating that there is a bullish trend in Zcash. Ichimoku Kinko Hyo signal line area test is near the 420 level, from which it is expected to rebound and attempt to continue falling with the target below the level of 255.
Zcash forecast & analysis ZEC/USD on January 24, 2018
Earlier, a strong signal was obtained for sell of Zcash cryptocurrency, due to crossing of signal lines at level 475. Cancellation of the variant of the drop in Zcash quotations will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the level of 525, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations ZEC/USD stands with a breakdown of the level of 370.
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