Ethereum Classic ETC/USD is trading at the level of 30.70. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines near 29.90 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 37.30.
Ethereum Classic forecast & analysis on December 18, 2017
Earlier, a strong signal was received for buy of the Ethereum Classic cryptocurrency, due to the intersection of the signal lines at the level of 28.50. 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 25.80, which indicates a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations ETC/USD stands with a breakdown of the level of 34.00.
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