Zcash ZEC/USD is trading at 236. Cryptocurrency is trading below the lower bound of the Ichimoku Kinko Hyo Indicator Cloud, indicating a bearish trend for Zcash. Ichimoku Kinko Hyo indicator cloud is expected to be near the 244 level, from which one should expect a rebound and an attempt to further fall below the level of 190.
Zcash prediction & analysis ZEC/USD on October 10, 2017
Earlier, a strong signal was received for sell of Zcash cryptocurrency, by crossing the signal lines at level 246. 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 270, which indicates a change in 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 220.