Ethereum Classic ETC/USD is trading at 28.20. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. A test of the broken boundary of the Ichimoku Kinko Hyo Cloud near 27.60 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 35.00.
Ethereum Classic forecast & analysis on December 10, 2017
Earlier, a weak signal was received for buy of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 26.50. Cancellation of the growth scenario for Ethereum Classic quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a close below the area of 25.70, indicating a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETC/USD is with a breakdown of the level of 30.00.
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