Ethereum Classic ETC/USD is trading at 36.68. 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 the Ichimoku Kinko Hyo signal lines near 34.20 is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 44.80. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the uplink.
Ethereum Classic forecast & analysis on December 21, 2017
Earlier, a strong signal was received for buy 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 28.90, which indicates a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETC/USD stands with a breakdown of the level of 39.50.
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