Ethereum Classic ETC/USD is trading at 15.80. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 16.00, from which it is expected to try to grow and further develop the bull trend on Ethereum Classic with the target of growth near the level of 21.70.
Ethereum Classic prediction & analysis on July 17, 2017
Earlier, a weak signal was received for purchases 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 on ETC/USD is with the breakdown of the local maximum area at 20.30.
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