Ethereum Classic ETC/USD is trading at 24.31. 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 signal lines near 26.80 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 15.60. An additional signal in favor of the fall of the cryptocurrency will be a resistance level test.
Ethereum Classic forecast & analysis on December 23, 2017
Earlier, a weak signal was received for sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 32.70. 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 32.60, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes ETC/USD is at breakdown level 22.60.
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