Ethereum Classic is trading at 5.99 and continues to move as part of the fall. ETC/USD quotes move below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates a downward trend. As part of the forecast for Ethereum Classic on April 13, 2019. A test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the 6.35 area. Where should we expect an attempt to rebound and continue the fall of cryptocurrency with a goal near the level of 4.85.
Ethereum Classic Forecast and Analysis April 13, 2019
An additional signal in favor of the growth of cryptocurrency ETC/USD will be the test area of support. As well as a rebound from the lower boundary of the bullish channel. Earlier, a weak strong for SELL the cryptocurrency Ethereum Classic was obtained. The signal was formed due to the intersection of signal lines at the level of 7.00. The nearest resistance area is at 7.10. The support area is at level 5.55.
Cancellation of the fall in Ethereum Classic quotes will be strong growth and a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the 7.10 area. This will indicate a change in the downward trend in favor of the upward trend and the continued growth of cryptocurrency. Expect to accelerate the fall in quotes ETC/USD stands with the breakdown of the support area and closing below 5.60.
Ethereum Classic Forecast and Analysis April 13, 2019 suggests an attempt to develop a cryptocurrency correction and a test level of 6.35. Where can we expect the continuation of the fall in the rate of Ethereum Classic with a potential target near the level of 4.85. Cancellation option reduction will make a strong growth and the breakdown of the area 7.10. This will indicate a continued rise in the rate of digital currency with a potential target of 7.85.