Zcash ZEC/USD is trading at the level of 216.93. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. The Ichimoku Kinko Hyo indicator cloud is expected near the level 217, from which it is expected to try to fall and further develop the bearish trend with a view to falling near the level of 180.
Zcash prediction & analysis ZEC/USD on August 18, 2017
Earlier, a weak signal was obtained for purchases of Zcash cryptocurrency due to the crossing of signal lines at level 205. Canceling 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 area 230, 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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