ZCASH ZEC/USD is trading at the level of 184. Currencies quotations are traded below the moving average with a period of 55, which indicates a bearish trend for ZCASH. Currently, the quotes are testing the average border of the Bollinger Bands indicator bars. The upper limit of the indicator strips is expected to be tested at level 218, where again one should expect an attempt to continue the fall and further develop the bearish trend in the ZCASH cryptocurrency with the target of falling near the level of 100.
ZCASH forecast & analysis ZEC/USD on July 15, 2017
The conservative ZCASH sales area is located near the upper boundary of the Bollinger Bands indicator strip at 220. The cancellation 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 quotes above the 230 area, indicating a change in the bullish trend for ZEC/USD. In the event of a breakdown of the lower boundary of the Bollinger Bands indicator bars, it is expected to accelerate the fall of the cryptocurrency into the area below the level of 100.
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