Zcash ZEC/USD is trading at 186. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. Expected to test the upper boundary of the Cloud of the indicator near the level of 190, from which it is expected to attempt a rebound and further fall below the level of 145. An additional signal in favor of reducing the cryptocurrency is the resistance level test. Earlier, we received a weak signal for buying of Zcash cryptocurrency due to the crossing of signal lines at level 174.
Zcash prediction & analysis ZEC/USD on September 21, 2017
The cancellation of the variant of the drop in Zcash quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 205, which will indicate a bearish trend in favor of the bullish trend. To expect the acceleration of the drop in quotations ZEC/USD stands with the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing below the level of 165.