Ethereum Classic ETC/USD is trading at 34.51. 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 33.60 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 44.00.
Ethereum Classic forecast & analysis on December 20, 2017
Earlier, a strong signal was received for buy of the Ethereum Classic cryptocurrency, due to the closing 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 28.50, which indicates a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETC/USD stands with a breakdown of the level of 39.50.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
