Ethereum Classic forecast and Analytics on the 23rd of October 2018

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Ethereum Classic forecast and Analytics on the 23rd of October 2018

Cryptocurrency Ethereum ETC Classic/USD is trading at 9.91 and continues to move under the growth. 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 October 23, 2018, is expected to test region signal lines Ichimoku Kinko Hyo 9.65 near the area where we can expect attempt to rebound and continue growth of the cryptocurrency with the aim to near the level of 10.75.

Ethereum Classic forecast and Analytics on the 23rd of October 2018

Additional signal in favor of the growth of cryptocurrencies ETC/USD will perform test support, and rebounded from the upper border of the descending channel. Earlier it was obtained a weak signal for purchases of Ethereum cryptocurrency Classic, due to the intersection of the signal lines at the level of 9.50.

Cancellation option growth Ethereum will be the Classic drop and a breakout of the lower border of the Ichimoku Kinko Hyo Cloud with the close below the region of 9.30, which indicates the change of the upward trend in favor of descending trend and the continuing decline in the cryptocurrency. Expect acceleration of growth of quotations ETC/USD is a breakout of resistance and a close above 10.20.

Thus, Ethereum Classic forecast and analysis on 23 October 2018 involves the attempt to develop correction cryptocurrency and test at 9.65 where we can expect continued growth rate Ethereum Classic with a potential target near the level of 10.75, with a cancellation option growth will be the drop and the breakdown region 9.30, which indicates a continued growth rate of digital currency.

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