Zcash ZEC/USD is trading at the level of 208. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend for Zcash. It is expected to test the area of the indicator signal lines near the level of 240, from which it is expected to attempt a rebound and further develop the bearish trend with a target to falling below the level of 190.
Zcash forecast & analysis ZEC/USD on September 6, 2017
Earlier, a weak signal was obtained for sales of Zcash cryptocurrency, by crossing signal lines at level 272. Canceling the variant of falling quotes Zcash will become a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 255, which indicates a change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes ZEC/USD stands with the breakdown of the support area and closing below the level of 185.
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