Zcash ZEC/USD completes trading week near area 234. Cryptocurrency is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend for Zcash. Ichimoku Kinko Hyo signal line area test is expected near the level 340, from which it is expected to rebound and continue falling of the cryptocurrency with the target near the level of 145.
Zcash forecast on October 30 — November 3, 2017
Earlier, a weak signal was received for sell of Zcash cryptocurrency due to the crossing of signal lines at level 270. By abolishing the variant of Zcash there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above area 290, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ZEC/USD stands with a breakdown of level 185.
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