Ethereum Classic ETC/USD is trading at 13.30. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to test near the level of 13.40, from which it is expected to attempt a rebound and a fall with a target near the level of 12.15.
Ethereum Classic forecast & analysis on August 23, 2017
Earlier, a weak signal was received for buying of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 13.40. Cancellation option quotations growth Ethereum Classic will be the breakdown of the upper boundary of the clouds Ichimoku Kinko Hyo with closing quotations above 14.20 area, which will indicate the shift bearish trend in favor of the bullish trend. Expect the acceleration of the decline in quotes ETC/USD is with the breakdown of the support level and closing below 12.60.
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