Zcash ZEC/USD is trading at the level of 342.68. The Ichimoku Cloud of Kinko Hyo broke through the cryptocurrency and began to trade below its lower limit, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to test near the level of 345.00, from where one should expect an attempt to drop and develop a bearish trend in the cryptocurrency to reduce near the 310.00 level.
Zcash ZEC/USD prediction & analysis on June 26, 2017
Earlier, a weak signal was received for sales of Zcash cryptocurrency, due to the crossing of signal lines at 388.40. Cancellation of the variant of falling of quotes Zcash will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 400.00, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations on ZEC/USD is with the breakdown of the local minimum area at 320.00.
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