Ethereum Classic ETC/USD is trading at the level of 16.18. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to be tested near the level of 17.00, from which it is expected to attempt a rebound and continue falling with the aim near the level of 13.00.
Ethereum Classic prediction & analysis on November 18, 2017
An additional signal in favor of the fall of the cryptocurrency is the formation of the «Head and Shoulders» reversal model, the breakdown of the model will be a breakdown at the level of 18.50, indicating that the growth will continue. Earlier, a medium strength signal was received for buy of the Ethereum Classic cryptocurrency, by crossing the signal lines at level 16.80. The cancellation of the drop in Ethereum Classic quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the area of 18.00, which indicates a change in the flat trend in favor of the bullish trend. Expect to accelerate the fall in quotes ETC/USD is worth a breakdown at 14.50.
- BITCOIN chart online
- BITCOIN forecast & analysis
- ZCASH news & technical analysis
- LITECOIN prediction for today
- RIPPLE forecast & signals
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
