Ethereum Classic ETC/USD is trading at the level of 15.06. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. It is expected to test the area of signal lines of the indicator near the level of 16.25, from which it is expected to attempt a rebound and further fall with the target near the level of 12.75.
Ethereum Classic prediction & analysis on September 12, 2017
An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. 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 17.25. The cancellation of the drop in Ethereum Classic quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the area of 18.50, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of ETC/USD is with a breakdown of the level of 13.85.
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