Ethereum Classic ETC/USD completes the trading week near the area of 30.38. 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 near the level of 28.00, from which it is expected to attempt a rebound and further growth with the aim near the 39.00 level. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.
Ethereum Classic forecast on February 26 — March 2, 2018
Earlier, a weak signal was received for buy of the Ethereum Classic cryptocurrency, due to crossing of the signal lines at the level of 20.50. 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 23.50, which indicates a change in the bullish trend in favor of a bearish trend. Expect an acceleration in the growth of quotations ETC/USD stands with the breakdown of the upper boundary of the bearish channel and the closing above the area of 39.50.
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