Zcash ZEC/USD is shopping for and promoting at diploma 311. Cryptocurrency is shopping for and promoting beneath the lower positive of the Cloud of the Ichimoku indicator Kinko Hyo, indicating a bearish sample in Zcash. Ichimoku Kinko Hyo Cloud is predicted to be examined near the 320 diploma, from which one must depend on a rebound and try to proceed falling with a objective beneath the extent of 265.
Zcash prediction & analysis ZEC/USD on December 1, 2017
An further check in favor of the drop of the cryptocurrency will doubtless be a resistance diploma check out. Earlier, a weak signal was acquired for promote of Zcash cryptocurrency, due to crossing of signal strains at 337 diploma. The abolition of the variant of falling of quotes Zcash will change right into a breakdown of the upper boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes above 345, which is ready to level out a change of the bearish tendency in favor of the bullish sample. Expect to hurry up the fall of quotations ZEC/USD stands with a breakdown of the extent of 290.