Zcash ZEC/USD is trading at the level of 261. Cryptocurrency is traded below the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Zcash. Ichimoku Kinko Hyo indicator cloud is expected near the level of 285, from which it is expected to rebound and attempt a further fall with a target below the level of 205.
Zcash prediction & analysis ZEC/USD on October 3, 2017
Earlier, a weak signal was received for sell Zcash cryptocurrency, due to crossing of signal lines at level 315. Canceling the variant of falling quotations Zcash will become a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 310, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ZEC/USD is with a breakdown of the level of 245.