Ethereum Classic ETC/USD is trading at the level of 13.52. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. The test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 13.60, from which one should expect a rebound and a fall attempt with a target near the level of 12.30.
Ethereum Classic prediction & analysis ETC/USD on August 22, 2017
Earlier, a strong signal was received for sales of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 13.45. 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 14.20, which indicates a change in the bearish trend in favor of the 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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