Ethereum Classic ETC/USD is trading at 36.03. 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 34.00, from which it is expected to attempt a rebound and continue growth with the aim near the level of 42.50. 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 20, 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 Ichimoku Kinko Hyo Cloud with a closing below the area of 24.50, which will indicate a change in the bullish trend in favor of a bearish trend. To expect the acceleration of the growth of quotations ETC/USD stands with the breakdown of the level of 36.50.
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