Ethereum Classic ETC/USD completes the trading week near the area of 10.14. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near the level of 10.90 is expected, from which it is expected to attempt a rebound and further fall with the target near the level of 6.85.
Ethereum Classic forecast on October 30 — November 3, 2017
Earlier, a strong signal was received for sell of the Ethereum Classic cryptocurrency, by crossing the signal lines at 12.00. The cancellation of the drop in Ethereum Classic quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the area of 14.50, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ETC/USD is worth a breakdown of the support level and closing below 8.75.
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