Ethereum Classic ETC/USD is trading at the level of 37.42. 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 is expected near the area of 34.50, from which it is expected to attempt a rebound and continue growth with the aim near the level of 44.50. An additional signal in favor of the growth of the cryptocurrency will be the test of the support area.
Ethereum Classic forecast & analysis on February 21, 2018
Earlier, a strong signal was received for buy of the Ethereum Classic cryptocurrency, by crossing the signal lines at the level of 29.50. 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 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 stands with a breakdown of the level of 40.00.
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