Zcash ZEC/USD is trading at 239. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. It is expected to test the area of the signal lines of the indicator near the level of 250, from which one should expect an attempt to rebound and further develop the bearish trend with a target to falling below the level of 210.
Zcash prediction & analysis ZEC/USD on September 5, 2017
Earlier, a weak signal was received for sales of Zcash cryptocurrency due to the crossing of signal lines at level 272. Canceling the variant of falling quotations Zcash will become a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 275, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations ZEC/USD is worth a breakdown of the bottom of the model «Triangle» and closing below the level of 235.
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