Ethereum Classic forecast & analysis April 13, 2018


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Ethereum Classic ETC/USD is trading at the level of 15.09. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to test the upper boundary near the area of ​​14.30, from which it is expected to attempt a rebound and continue growth with the aim near the 17.00 level.

Ethereum Classic forecast & analysis April 13, 2018

An additional signal in favor of growth will test the upper limit of the model «Triangle». Earlier, a medium strength signal was received for buy of the Ethereum Classic cryptocurrency, by crossing the signal lines at the level of 13.70.

Ethereum Classic forecast & analysis April 13, 2018

The cancellation of the growth scenario for Ethereum Classic quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a close below the area of ​​13.50, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of ETC/USD is with a breakdown of the resistance area and closing above the level of 15.50.


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