Ethereum Classic ETC/USD is trading at the level of 15.67. Cryptocurrency is traded below the Ichimoku Kinko Hyo Cloud boundary, which indicates a bearish trend in the Ethereum Classic. A resistance level test is expected near the 16.20 area, from which it is expected to attempt a rebound and further fall with the target near the level of 12.85.
Ethereum Classic forecast & analysis on September 6, 2017
Earlier, we received a weak signal for sales of the Ethereum Classic cryptocurrency, due to the crossing of signal lines at the level of 19.45. Cancellation of the drop in Ethereum Classic quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the area of 19.60, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of ETC/USD is with a breakdown level of 15.00.
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