Cryptocurrency ZCASH ZEC/USD is trading at the level of 342.68. Quotes of the currency are traded below the moving average with a period of 55, indicating a bearish trend for ZCASH. At the moment, quotes of the pair test the lower border of the bands of the indicator Bollinger Bands. It is expected to test the moving average area at 360, where again we should expect an attempt to continue the fall and further develop the bearish trend in the ZCASH cryptocurrency for growth near the level of 305.
ZEC/USD forecast & signals ZCASH on June 27, 2017
The conservative ZCASH sales area is located near the lower border of the Bollinger Bands indicator strip at 400. Canceling option the continuation of the fall of the ZEC/USD cryptocurrency will be a breakdown of the moving average region with a level of 55, as well as the upper boundary of the Bollinger Bands indicator bars and the closing of the ZCASH quotes above the 410 area, indicating a change of the bearish trend in favor of bullish ZEC/USD. In case of breakdown of the lower Bollinger Bands indicator strips boundary is expected to accelerate growth cryptocurrency to below 305.
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