Zcash ZEC/USD is trading at the level of 187.70. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 195.00 level, from which the Ichimoku Kinko Hyo Cloud bottom test is expected near the 177.00 level.
Zcash forecast & analysis ZEC/USD on August 4, 2017
Earlier, we received a weak signal for buying of Zcash cryptocurrency, due to the crossing of signal lines at the level of 176.94. Consider buying Zcash is with the breaking of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing of quotes above the level of 203.00, in the case of breaking through the lower boundary of the Cloud Ichimoku Kinko Hyo should expect the continuation of the development of the bearish trend for ZEC/USD.
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