Ethereum Classic ETC/USD is trading at the level of 10.16. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test of the lower boundary of the Indicator Cloud is expected near the level of 11.00, from which it is expected to attempt a rebound and further fall with a target near the level of 7.50.
Ethereum Classic forecast & analysis on September 23, 2017
Earlier, a strong signal was received for sale of the Ethereum Classic cryptocurrency, by crossing the signal lines at 10.60. 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 12.30 area, which indicates a change in the bearish trend in favor of the bullish trend. To expect the acceleration of the fall of ETC/USD is worth a breakdown of the level of 9.50.
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