Ethereum Classic ETC/USD completes the trading week near the area of 18.11. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Ethereum Classic. The test of the upper boundary is expected. Ichimoku Kinko Hyo indicator cloud near the level of 17.10, from which one should expect a rebound attempt and further growth with the target near the level of 26.00.
Ethereum Classic forecast on September 11 — 15, 2017
An additional signal in favor of the growth of quotations of the cryptocurrency will be the test of the support area. 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 14.65. The cancellation of the drop in Ethereum Classic quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a close above the area of 17.90, which indicates a change in the bullish trend in favor of a bearish trend. Expect an acceleration in the growth of quotations ETC/USD stands with a breakdown of the level of 19.50.
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