Ethereum Classic ETC/USD is trading at the level of 15.57. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo is expected to test the upper limit of the indicator near the level of 15.20, from which it is expected to attempt a rebound and further growth with the aim near the 17.00 level.
Ethereum Classic prediction & analysis on August 29, 2017
Earlier, a strong signal was received for buying of the Ethereum Classic cryptocurrency, by crossing the signal lines at the level of 15.45. 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 14.40, indicating a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETC/USD is worth a breakdown level of 16.50.
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