Ethereum Classic ETC/USD is trading at the level of 17.51. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Ethereum Classic. A level test of 18.40 is expected, from which it is expected to attempt a rebound and further fall with a target near the level of 16.50. 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 19.45.
Ethereum Classic prediction & analysis on September 7, 2017
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 19.65, which indicates a change in the bearish trend in favor of the bullish trend. To expect the acceleration of the fall of ETC/USD is with the breakdown of the support level and the closing of quotes below the area of 16.00.
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