Zcash ZEC/USD is trading at the level of 179. Cryptocurrency continues to trade below the Ichimoku Kinko Hyo Cloud boundary, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud is expected to be tested near the level 185, from which it is expected to attempt a fall and further development of the bearish trend with a target close to level 140.
Zcash ZEC/USD prediction & analysis on July 27, 2017
Earlier, a weak signal was obtained for sales of Zcash cryptocurrency due to the crossing of signal lines at level 210. By abolishing the fall variant quotations Zcash will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above area 215, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations on ZEC/USD is with the breakdown of the local minimum area at 175.
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