Ethereum Classic ETC/USD is traded at the level of 31.94. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud upper test is expected near the area of 32.50, from which it is expected to attempt a rebound and continue falling with the target near the level of 27.00.
Ethereum Classic forecast & analysis on February 28, 2018
Earlier, a medium strength signal was received for buy of the Ethereum Classic cryptocurrency, by crossing the signal lines at level 31.50. The cancellation of the drop in Ethereum Classic quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with a close below the area of 35.00, indicating a change in the flat trend in favor of the bullish trend. Expect the acceleration of the decline in quotes ETC/USD is with the breakdown of the support area and closing below the level of 25.50.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
