Ethereum Classic ETC/USD is trading at the level of 27.18. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The test of the upper boundary of the Ichimoku Kinko Hyo Cloud near 26.50 is expected, from which it is expected to attempt a rebound and continue growth with the aim near the level of 36.00.
Ethereum Classic forecast & analysis on December 14, 2017
Earlier, a strong signal was received for buy of the Ethereum Classic cryptocurrency, due to crossing of the signal lines at the level of 26.20. The 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 closing below the area of 24.70, indicating a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETC/USD stands with the breakdown of the upper limit of the model «Triangle» and the closing above the level of 29.80.
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