Ethereum Classic ETC/USD is traded at level 14. Cryptocurrency is trading below the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 14.80, from which it is expected to continue the decline of quotations to the area of 11.70.
Ethereum Classic prediction & analysis on July 27, 2017
Earlier, a medium strength signal was received for sales of the Ethereum Classic crypto currency, due to the crossing of the signal lines at the level of 15.75. The cancellation of the growth of the quotations of ETC/USD will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the level of 16.50, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the decline in quotations for ETC/USD is with the breakdown of the local minimum area at the level of 13.00.
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