Ethereum Classic forecast and analyst on 29 Sep 2018

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Ethereum Classic forecast and analyst on 29 Sep 2018

Cryptocurrency Ethereum ETC Classic/USD is trading at 11.32 and continues movement in the correction. Cryptocurrency trading above the upper boundary of the Clouds Ichimoku Kinko Hyo, which indicates the presence of a rising trend. Under the forecast of the course of the Ethereum classic on 29 September 2018, is expected to test the upper border of the Ichimoku Kinko Hyo Cloud near the area of 11.10, where we can expect attempt to rebound and continue growth of the cryptocurrency with the aim to near the level of 12.50.

Ethereum Classic forecast and analyst on 29 Sep 2018

Additional signal in favor of the growth of cryptocurrencies ETC/USD will perform test support area. Were previously received average signal power for purchases of Ethereum cryptocurrency Classic, due to the intersection of the signal lines at the level of 11.15.

Cancellation option growth Ethereum Classic is a breakout of the lower border of the Ichimoku Kinko Hyo Cloud with the closure below the 10.80 that will point to a change in the rising tendency in favor of a downward trend and the continuing decline in the cryptocurrency. Expect acceleration of growth of quotations ETC/USD is a breakout of the upper boundary of the model “Triangle” and close above 11.70.

Thus, Ethereum Classic forecast and analysis on September 29, 2018 involves the attempt to develop correction cryptocurrency and test at 11.10 where we can expect continued growth rate Ethereum Classic with a potential target near the level of 12.50, with a cancellation option growth will be reduced and the breakdown region 10.80 that will point to the continued depreciation of the digital currency.

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