Zcash ZEC/USD iis trading at 237. Cryptocurrency is traded below the lower bound of the Cloud of the Ichimoku Kinko Hyo, indicating a bearish trend for Zcash. Ichimoku Kinko Hyo Cloud near the level 240 is expected to be tested near the level of 240, from which one should expect a rebound and an attempt to further fall below the level of 190. Earlier, a weak signal was received for buy of the Zcash cryptocurrency, by crossing the signal lines at level 234.
Zcash prediction & analysis ZEC/USD on October 16, 2017
By abolishing the Zcash there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 255, which indicates a change in the bearish trend in favor of the bullish trend. To expect the acceleration of the fall in quotations ZEC/USD stands with the breakdown of the support level and the closing below the area of 220.
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