Ethereum Classic ETC/USD is trading at the level of 28.88. The 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 the area of 24.50 is expected, from which it is expected to attempt a rebound and continue growth with the aim near the level of 33.00. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.
Ethereum Classic forecast & analysis on February 14, 2018
Earlier, a weak signal was received for buy of the Ethereum Classic cryptocurrency, due to the crossing of signal lines at level 16.50. Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a close below the area of 17.50, which indicates the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETC/USD is with a breakdown of the resistance area and closing above the level of 30.50.
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