Ethereum Classic ETC/USD is trading at the level of 14.93. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 14.40, from which one should expect an attempt of growth and further development of the bullish trend with the target of growth near the level of 17.00.
Ethereum Classic prediction & analysis on August 8, 2017
Earlier, a weak signal was received for buying of the Ethereum Classic cryptocurrency, due to crossing of the signal lines at the level of 13.61. Cancellation option Ethereum Classic quotes growth will sample cloud base Ichimoku Kinko Hyo with closing quotations below 13.80 area, which point to an bullish trend shift in favor bearish. Expect to accelerate the growth of quotations for ETC/USD is with the breakdown of the local maximum area at 16.15.
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