Ethereum Classic ETC/USD completes the trading week near the area of 17.71. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the level of 16.20 is expected, from which it is expected to attempt a rebound and further growth with a target near the level of 21.50.
Ethereum Classic forecast on November 20 — 24, 2017
Earlier, a weak signal was received for buy of the Ethereum Classic cryptocurrency, due to crossing of the signal lines at the level of 11.10. The cancellation of the growth scenario for Ethereum Classic quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a closing below the 12.00 area, which will indicate a change in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations ETC/USD stands with a breakdown of the level of 19.50.
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