Ethereum Classic ETC/USD is traded at the level of 30.23. 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 27.50 is expected, from which it is expected to attempt a rebound and continue growth with the aim near the level of 37.00.
Ethereum Classic forecast & analysis on February 15, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the channel. 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 Cloud Ichimoku Kinko Hyo with a closing below the area of 21.50, which indicates a change in the bullish trend in favor of a bearish trend. Expect the acceleration of the growth of quotations ETC/USD stands with the breakdown of the resistance area and the closing above the level of 32.50.
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