Zcash prediction & analysis ZEC/USD on October 19, 2017


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Zcash ZEC/USD is trading at 228. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bearish trend for Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 230, from which one should expect a rebound and an attempt to further fall below the level of 185.

Zcash prediction & analysis ZEC/USD on October 19, 2017

Zcash prediction & analysis ZEC/USD on October 19, 2017

Earlier, a strong signal was obtained for sell of Zcash cryptocurrency, by crossing signal lines at 234. Canceling the variant of Zcash there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the 250 area, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations ZEC/USD stands with the breakdown of the lower boundary of the Triangle model and the closure below the area of ​​220.

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