Ethereum Classic ETC/USD is trading at 13.98. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo signal line area test is expected near the level of 13.10, from which it is expected to attempt a rebound and continue growth with the aim near the level of 16.10.
Ethereum Classic forecast & analysis on November 8, 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. Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with a closing below the area of 11.80, which indicates 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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