Zcash ZEC/USD is trading at 222. Cryptocurrency is traded below the lower bound of the Cloud of the Ichimoku indicator Kinko Hyo, indicating a bearish trend for Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level 225, from which it is expected to rebound and try to further fall below 200. An additional signal in favor of the drop of the cryptocurrency is the resistance level test.
Zcash prediction & analysis ZEC/USD on October 25, 2017
Earlier, a strong signal was received for sell of Zcash cryptocurrency due to the crossing of signal lines at the level of 234. Cancellation of the variant of the drop in Zcash quotations will be a breakdown of the upper boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes above area 235, which will indicate a bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes ZEC/USD stands with a breakdown of the level of 195.
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