Zcash ZEC/USD is trading at 237. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend for Zcash. It is expected to test the area of the signal lines of the indicator near the level of 240, from which it is expected to attempt a rebound and further develop the bearish trend to fall below the level of 195.
Zcash prediction & analysis ZEC/USD on September 7, 2017
Earlier, a weak signal was received for sales of Zcash cryptocurrency, by crossing signal lines at level 272. 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 255, which indicates a change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes ZEC/USD is with the breakdown of the support area and closing below the level of 210.
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