Cryptocurrency zcash for the forecast for today October 16, 2018

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Cryptocurrency zcash for the forecast for today October 16, 2018

Cryptocurrency zcash for ZEC/USD is trading at 118 and continues to move in the correction. Cryptocurrency trading below the lower border of the Ichimoku Kinko Hyo Cloud that indicates the presence of downward trends in zcash for. Under the forecast of the course of bitcoin on October 16, 2018, is expected to test the upper boundary of the Clouds Ichimoku Kinko Hyo is close to level 120, where we can expect rebound and attempted another cryptocurrency with a potential target below the level of 105.

Cryptocurrency zcash for the forecast for today October 16, 2018

Additional signal in favor of reducing cryptocurrency ZEC/USD will be the rebound from the resistance area and test of the upper border of the descending channel. Was previously received signal average strength for the cryptocurrency zcash for sales, due to the intersection of the signal lines at 126.

The cancellation of the option declines in zcash for will be a break of the upper border of the Ichimoku Kinko Hyo Cloud with the closing of the quotations above the level of 125, which will point to a change in the downward trend in favor of the uptrend and the continuation of the growth rate of digital currency. Wait for a confirmation of the fall of quotations ZEC/USD is a breakout of the lower border of the descending channel and close below the level of 105.

Thus, zcash for Cryptocurrency forecast for today 16 October 2018 involves the attempt to develop correction cryptocurrency and test the 120 level where we can expect further rate fall zcash for with a potential target near the level 105, the abolition of the option of reduction will deliver growth and breakdown region 125, which indicates the continuation of growth of quotations ZEC/USD.

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