Zcash ZEC/USD prediction & analysis on July 31, 2017


Zcash ZEC/USD is trading at the level of 177. Cryptocurrency continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Zcash. Ichimoku Kinko Hyo Cloud near the level 188 is expected to be tested near the level of 188, from which it is expected to attempt a fall and further development of the bearish trend with a target to lower near the level of 135.

Zcash ZEC/USD prediction & analysis on July 31, 2017

Zcash ZEC/USD prediction & analysis on July 31, 2017

Earlier, a weak signal was received for sales of Zcash cryptocurrency, by crossing signal lines at level 211. Canceling option the fall of quotations Zcash will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above area 205, which indicates 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 160.


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