Cryptocurrency ZCASH ZEC/USD is trading at the level of 320.32. 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 test the moving average. The upper bound of the Bollinger Bands indicator is expected at the level of 335, where again we should expect an attempt to continue the fall and further develop the bearish trend in the ZCASH crypto currency to fall near the level of 255.
ZEC/USD forecast & signals ZCASH on June 28, 2017
The conservative sales area of ZCASH is located near the upper boundary of the Bollinger Bands indicator strip at 340. Canceling the option of continuing 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 quotations above the 350 area, which will indicate a change in the trend in favor of bullish on ZEC/USD. In the event of a breakdown of the lower border of the Bollinger Bands indicator bars, it is expected to accelerate the fall of the cryptocurrency into the area below the level of 225.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
