Zcash ZEC/USD is trading at 206. Cryptocurrency trading below the cloud base Ichimoku Kinko Hyo, which indicates a shift in favor of a bearish trend for Zcash. Is expected to test the lower boundary of Ichimoku Kinko Hyo indicator Clouds near the level of 215, from which we can expect an attempt to drop and further development of the bearish trend with a drop target near the level of 180.
Zcash prediction & analysis ZEC/USD on August 16, 2017
Previously, it was a weak signal is received for sales cryptocurrency Zcash, due to the crossing of the signal lines at 230. Cancellation The variant of growth of quotations Zcash will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 237, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ZEC/USD stands with a breakdown of the level of 195.
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