Zcash ZEC/USD is trading at 231. Cryptocurrency is traded below the lower bound of the Cloud of the Ichimoku indicator Kinko Hyo, indicating a bearish trend in Zcash. A test of the Ichimoku Kinko Hyo signal line area near the 235 level is expected, 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 11, 2017
Earlier, a strong signal was received for sell of the Zcash cryptocurrency, by crossing the signal lines at level 246. By abolishing the Zcash there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 255, 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 227.