Ethereum Classic ETC/USD is trading at the level of 17.84. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud upper test is expected near the level of 17.40, from which it is expected to attempt a rebound and continue growth with the target near the level of 20.80. An additional signal for the growth of the cryptocurrency will be the test of the lower border of the uplink.
Ethereum Classic prediction & analysis on November 23, 2017
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 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 16.30 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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