Zcash ZEC/USD is trading at the level of 188.49. Cryptocurrency continues to be traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 193.00, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 177.00.
Zcash ZEC/USD prediction & analysis on August 5, 2017
Earlier, we received a weak signal for buying of Zcash cryptocurrency, due to the crossing of signal lines at the level of 176.94. Consider buying Zcash is with the breaking of the upper boundary of the Cloud Ichimoku Kinko Hyo and closing of quotes above the level of 201.00, in the case of breaking the lower boundary of the Cloud Ichimoku Kinko Hyo, we should expect the continuation of the bearish trend in ZEC/USD.
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