Ethereum Classic ETC/USD is trading at the level of 17.42. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the level of 16.30, from which one should expect an attempt of growth and further development of the bullish tendency on Ethereum Classic with the target of growth near the level of 20.40.
Ethereum Classic prediction & analysis on July 14, 2017
Earlier, a weak signal was received for buying of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 15.10. Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes below the area of 14.00, which indicates the change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations for ETC/USD is with the breakdown of the local maximum area at the level of 19.10.
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