Cryptocurrency Zcash ZEC/USD is trading at the level of 288.30. 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 near the level of 305.00, from where one should expect an attempt to drop and develop a bearish trend in cryptocurrency to reduce near the level of 245.00.
Zcash ZEC/USD prediction & analysis on July 4, 2017
Earlier, a strong signal was received for sales of Zcash cryptocurrency, due to the crossing of signal lines at the level of 297.40. Cancellation of the variant of falling of quotations Zcash will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 325.00, which will indicate 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 260.00.
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