Ethereum Classic forecast & analysis April 27, 2018


Ethereum Classic ETC/USD is trading at the level of 18.75. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the area of ​​18.50, from which it is expected to attempt a rebound and continue growth with the target near the 23.00 level.

Ethereum Classic forecast & analysis April 27, 2018

An additional signal in favor of the growth of the cryptocurrency will be the test of the support area. Earlier, a weak signal was received for sell of the Ethereum Classic cryptocurrency, due to crossing of the signal lines at the level of 20.50.

Ethereum Classic forecast & analysis April 27, 2018

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 close below the area of ​​17.00, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of ETC/USD is with the breakdown of the resistance area and the closing above the level of 21.00.


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