Ethereum Classic ETC/USD is trading at 34.56. 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 the Ichimoku Kinko Hyo signal lines is expected near 32.00, from which it is expected to attempt a rebound and continue growth with the target near the level of 42.00.
Ethereum Classic forecast & analysis on January 11, 2018
Earlier, a strong signal was received for buy of the Ethereum Classic cryptocurrency, due to the intersection of the signal lines at the level of 30.20. 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 worth a breakdown of the level of 30.50.