Ethereum Classic ETC/USD is trading at the level of 13.88. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. The test area of the signal lines is expected. The Ichimoku Kinko Hyo cloud near the level of 14.50, where we can expect a rebound and fall attempt with a target near the level of 12.50.
Ethereum Classic prediction & analysis on August 14, 2017
Earlier, we received a weak signal for sales of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 15.40. Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 15.60, indicating a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ETC/USD stands with a breakdown of the level of 13.50.
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