Ethereum Classic ETC/USD is trading at the level of 14.78. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 14.80, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 13.60.
Ethereum Classic forecast & analysis on August 4, 2017
Earlier, a weak signal was received for buying of the Ethereum Classic cryptocurrency, due to crossing of the signal lines at the level of 13.61. Consider buying Ethereum Classic costs with the breaking of the upper boundary of the Cloud Ichimoku Kinko Hyo and closing of quotes above the level of 15.40, in case of breaking through the lower boundary of the Cloud Ichimoku Kinko Hyo it is necessary to expect the continuation of the bearish trend development by ETC/USD.
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