Ethereum Classic prediction & analysis on October 3, 2017


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Ethereum Classic ETC/USD is trading at the level of 12.77. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo indicator lines are expected near the level of 12.40, from which it is expected to attempt a rebound and further growth with a target near the level of 15.75.

Ethereum Classic prediction & analysis on October 3, 2017

Ethereum Classic prediction & analysis on October 3, 2017

An additional signal in favor of growth will test the level of support. Earlier, a weak signal was received for sell Ethereum Classic cryptocurrency, due to crossing of the signal lines at the level of 12.65. 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 closing below the area of ​​11.40, indicating a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of ETC/USD is with a breakdown of the resistance level and closing above 13.70.

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