Ethereum Classic ETC/USD completes the trading week near the area of 9.65. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo indicator signal lines is near the level of 13.00, from which it is expected to attempt a rebound and further fall with a target near the level of 5.15. An additional signal in favor of falling of the quotes of the cryptocurrency will be a test of the resistance area.
Ethereum Classic weekly forecast on September 18 — 22, 2017
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 17.20. 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 17.10, which indicates a change in the bearish trend in favor of the bullish trend. To expect the acceleration of falling quotes ETC/USD stands with a breakdown of level 8.50.
- BITCOIN chart online
- BITCOIN forecast & analysis
- ZCASH news & technical analysis
- LITECOIN prediction for today
- RIPPLE forecast & signals
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
