Zcash ZEC/USD is trading at 189. Cryptocurrency continues to trade within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 195 is expected to be tested near the level of 195, from which it is expected to attempt a fall and further development of the bearish trend with a target to reducing near the level of 175.
Zcash forecast & analysis ZEC/USD on August 3, 2017
Earlier, a strong signal was obtained for buying of Zcash cryptocurrency due to the crossing of signal lines at level 178. Canceling option the fall of quotations Zcash will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations above area 202, indicating a change in the lateral trend in favor of the ascending trend.
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