Ethereum Classic ETC/USD is trading at the level of 20.28. The 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 21.70 is expected, from which it is expected to attempt a rebound and continue falling with the target near the level of 14.50.
Ethereum Classic forecast & analysis on December 31, 2017
Earlier, a strong signal was received for sell of the Ethereum Classic cryptocurrency, by crossing the signal lines at 23.30. 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 27.30, which indicates a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the decline in quotes ETC/USD is with the breakdown of the level of support and closing below the level of 19.00.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
