Zcash ZEC/USD is trading at level 210. Cryptocurrency is trading below the lower bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bullish trend for Zcash. Ichimoku Kinko Hyo signal line area test is expected near the 220 level, from which we expect a rebound and an attempt to further fall below the level of 190.
Zcash forecast & analysis ZEC/USD on November 3, 2017
Earlier we received a weak signal for sell of Zcash cryptocurrency, by crossing signal lines at level 225. By abolishing the variant of the 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 235, 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 200 level.
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