Ethereum Classic ETC/USD is trading at 10.48. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. It is expected to test the signal line area of the indicator near the level of 11.50, from which it is expected to attempt a rebound and further fall with the target near level 7.25. An additional signal in favor of the fall of the cryptocurrency will be the test of the upper boundary of the bearish channel.
Ethereum Classic prediction & analysis on September 18, 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 17.25. The cancellation of the drop in Ethereum Classic quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close 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 of ETC/USD with a breakdown of 10.00.
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