Ethereum Classic ETC/USD is trading at the level of 15.55. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo indicator signal area test near the level of 14.90 is expected, from which it is expected to attempt a rebound and further growth with a target near the level of 17.50. An additional signal of the growth of the cryptocurrency will be the test of the support area.
Ethereum Classic forecast & analysis on August 25, 2017
Earlier, a weak signal was received for buying of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 13.40. 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 closing below the area of 14.00, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETC/USD is worth a breakdown level of 16.50.
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