Ethereum Classic ETC/USD completes the trading week near the area of 21.75. 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 20.50 is expected, from which it is expected to attempt a rebound and further growth with the target near the level of 28.25. An additional signal for the benefit of the growth of the cryptocurrency will be a test of the support level.
Ethereum Classic forecast November 27 — December 1, 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 the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a close below the area of 15.50, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETC/USD is with a breakdown of the level of 22.20.
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