Zcash ZEC/USD is trading at the level of 167. The Crypto currency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud Cloud test is expected near the level of 200.00, from which one should expect an attempt to drop and develop a bearish trend in the cryptocurrency to reduce near the 100.00 level.
Zcash ZEC/USD prediction & analysis on July 17, 2017
Earlier, a strong signal was received for sales of the Zcash cryptocurrency, due to the crossing of the signal lines at the level of 276.00. Cancellation of the variant of the drop in the quotations of Zcash will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of 250.00, which will indicate a change in 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 150.00.
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