Ethereum Classic ETC/USD is trading at 13.89. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 14.10, from which it is expected to attempt a rebound and a fall with a target near the level of 12.75.
Ethereum Classic prediction & analysis on August 18, 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 14.60, which indicates a change in the flat trend in favor of an bullish trend. Expect to accelerate the fall in quotes ETC/USD is with a breakdown of the support level and closing below 12.70.
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