Ethereum Classic ETC/USD is traded at the level of 14.70. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the level of 13.90 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 16.50.
Ethereum Classic forecast & analysis on November 7, 2017
Earlier, a weak signal was received for buy of the Ethereum Classic cryptocurrency, by crossing the signal lines at the level of 10.35. The cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a closing below the area of 11.50, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETC/USD is worth a breakdown of the level of 15.50.
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