Ethereum Classic ETC/USD is trading at 34.30. 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 32.50 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 43.00.
Ethereum Classic forecast & analysis on December 19, 2017
Earlier, a strong signal was received for purchases of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 28.50. 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 close below the area of 28.10, indicating a change in the bullish trend in favor of the bearish trend. To expect the acceleration of the growth of quotations ETC/USD is worth a breakdown level of 38.50.
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