Analysis for 2020-06-24
Ethereum (ETH) In favor of the fall of the Ethereum cryptocurrency will test the resistance area, as well as the upper limit of the downward channel. Earlier, a strong signal was received for sell of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 770. The cancellation of the drop in Ethereum Classic quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the area of 21.00, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of ETC/USD is with the breakdown of the support area and closing below the level of 15.50.
