Cryptocurrency Zcash ZEC/USD is trading at the level of 271.30. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test the lower boundary near the level ofhttps://forex24.pro/wp-admin/post-new.php 290.00, from which one should expect an attempt to drop and develop a bearish trend in the cryptocurrency to reduce near the level of 230.00.
Zcash ZEC/USD prediction & analysis on July 6, 2017
Earlier, a weak signal was received for buying of Zcash cryptocurrency, due to the crossing of signal lines at the level of 287.24. Cancellation of the variant of falling quotes Zcash will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 320.00, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations for ZEC/USD is with the breakdown of the local minimum area at 245.00.
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