Zcash ZEC/USD is closing the trading week near the 460 area. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. A test of the lower border of the uplink near the 500 level is expected, from which it is expected to rebound and continue the development of a bearish trend in the cryptocurrency with a target near the level of 300. Earlier, a weak signal was received for sell of Zcash cryptocurrency, due to the crossing of signal lines at 550 level.
Zcash (ZEC/USD) forecast January 29 — February 2, 2018
Cancellation of the variant of growth of quotations Zcash will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 600, which will indicate the change of the bearish trend in favor of the bullish trend. To expect the acceleration of the fall in quotes ZEC/USD stands with the breakdown of the support level and closings below the area of 380.
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