Zcash forecast & analysis ZEC/USD on December 8, 2017


Zcash ZEC/USD is trading at 289. Cryptocurrency is traded below the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 305 is expected to be tested near the level of 305, from which one should expect a rebound and an attempt to continue falling with a target below the level of 260.

Zcash forecast & analysis ZEC/USD on December 8, 2017

Zcash forecast & analysis ZEC/USD on December 8, 2017

Earlier, a weak signal was received for sell of Zcash cryptocurrency, due to the crossing of signal lines at 320 level. there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the level of 335, 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 worth a breakdown of the level of 270.


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