Zcash ZEC/USD is trading at the level of 209. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend for Zcash. Waiting for the test of the lower boundary of the Cloud of the indicator near level 225, from which one should expect a rebound attempt and further development of the bearish trend with a target to falling below the level of 170.
Zcash prediction & analysis ZEC/USD on September 12, 2017
Earlier, a strong signal was received for sales of Zcash cryptocurrency, by crossing signal lines at level 224. 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 260, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ZEC/USD is worth a breakdown of the support area and closing below the level of 195.
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