Zcash ZEC/USD is trading at the level of 177. Cryptocurrency continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the 188 level is expected to test near the level of 188, from which it is expected to attempt a fall and further development of the bearish trend with a target to lower near the level of 135.
Zcash forecast & analysis ZEC/USD on July 30, 2017
Earlier, a weak signal was received for sales of Zcash cryptocurrency, by crossing signal lines at level 211. Canceling option Falling quotations Zcash will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above area 210, indicating a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations on ZEC/USD is with the breakdown of the local minimum area at 160.
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