Ethereum Classic forecast & analysis on March 14, 2018


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Ethereum Classic ETC/USD is trading at 16.50. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud near the area of ​​18.50 is expected to be tested, from which it is expected to attempt a rebound and continue falling with the target near the level of 10.50.

Ethereum Classic forecast & analysis on March 14, 2018

An additional signal in favor of the fall will be the test of the upper boundary of the bearish channel. Earlier, a medium strength signal was received for sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 31.90.

Ethereum Classic forecast & analysis on March 14, 2018

The cancellation of the drop in Ethereum Classic quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the area of ​​22.00, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes ETC/USD is with the breakdown of the support area and closing below the level of 15.00.


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