Ethereum Classic ETC/USD is trading at 28.50. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to test the upper boundary near 27.80, from which it is expected to attempt a rebound and continue growth with the target near the level of 36.40.
Ethereum Classic forecast & analysis on December 5, 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 26.90. Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with a close below the area of 25.50, which indicates the change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETC/USD is at breakdown level of 30.70.
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