Ethereum Classic forecast & analysis October 19, 2018


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Ethereum Classic ETC/USD is trading at 9.70 and continues moving as part of the correction. The cryptocurrency is traded inside the Ichimoku Kinko Hyo Cloud, which indicates a flat trend. As part of the Ethereum Classic forecast & analysis October 19, 2018, the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the area of ​​10.00, from which one can expect an attempt to rebound and continue to decline cryptocurrency with a target near the level of 8.70.

Ethereum Classic forecast & analysis October 19, 2018

An additional signal in favor of the fall in the cryptocurrency ETC/USD will be the test of the resistance area, as well as a rebound from the upper limit of the downward channel. Earlier, a strong signal was received for the sell of Ethereum Classic cryptocurrency, due to the crossing of signal lines at the level of 9.60.

Ethereum Classic forecast & analysis October 19, 2018

The cancellation of the Ethereum Classic quote reduction option will be a strong growth and a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above 10.30, indicating a change in the side trend in favor of an upward trend and continued growth of cryptocurrency. Expect to accelerate the fall in quotes ETC/USD stands with the breakdown of the support area and closing below 9.20.

Ethereum Classic forecast & analysis October 19, 2018 suggests an attempt to develop a correction of cryptocurrency and the test level of 10.00, from which we can expect continued depreciation of the Ethereum Classic with a potential target near the level of 8.70, a strong growth and a breakdown of the 10.30 area will be canceled, indicating on the continued growth of the digital currency.


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