Zcash ZEC/USD is trading at 244. 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 to be near the 260 level, from which we should expect a rebound and an attempt to further fall below the level of 185.
Zcash prediction & analysis ZEC/USD on October 4, 2017
Earlier we received a weak signal for sell of Zcash cryptocurrency due to the crossing of the signal lines at level 315. Canceling the variant of the quotations fall 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 of quotations ZEC/USD stands with a breakdown of the level of 205.