Zcash ZEC/USD is trading at 394. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level 415, from which we should expect a rebound and an attempt to continue the fall with a target below 310. A strong signal was previously received for sell of Zcash cryptocurrency, due to the crossing of signal lines at level 425.
Zcash forecast & analysis ZEC/USD on January 31, 2018
Cancellation of the variant of falling of quotations Zcash will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the level 465, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations ZEC/USD stands with a breakdown level 385.
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