Ethereum Classic ETC/USD is trading at the level of 25.23. 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 24.50 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 31.50.
Ethereum Classic prediction & analysis on December 2, 2017
Earlier, we received a weak signal for sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 26.50. The cancellation of the growth scenario for Ethereum Classic quotes will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a closing below the area of 23.00, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETC/USD stands with a breakdown of 27.50 level.
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