Ethereum Classic ETC/USD is trading at 16.69. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to test near the level 14.50, from which it is expected to attempt a rebound and growth with a target near the level of 15.40. Earlier, we received a weak signal for sales of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 15.40.
Ethereum Classic forecast & analysis on August 13, 2017
Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes below the area of 14.20, which indicates a change in the flat trend in favor of a bearish trend. Expect the continuation of the growth of quotations ETC/USD is with the breakdown of the upper limit of the indicator and the closing above the level of 15.75.
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