Ethereum Classic ETC/USD is traded at the level of 15.00. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to test near the level of 14.70, from which it is expected to try to grow and further develop the bullish trend with the target of growth near the level of 16.70.
Ethereum Classic forecast & analysis on August 10, 2017
Earlier, a strong signal was received for buying of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 15.15. 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 the closing of quotes below the area of 14.00, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations for ETC/USD is with the breakdown of the local maximum area at 16.15.
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