Zcash ZEC/USD is trading at 424. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 435 is expected to be tested near the level of 435, from which one should expect a rebound and an attempt to continue falling with a target below the level of 335.
Zcash forecast & analysis ZEC/USD on January 30, 2018
Earlier, a weak signal was received for buy of Zcash cryptocurrency due to the crossing of signal lines at level 445. 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 quotes above the level of 465, 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 385.
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