Ethereum Classic ETC/USD is trading at the level of 17.62. The Ichimoku Cloud Kinko Hyo broke through the cryptourrency and began to trade above its upper limit, which indicates the presence of an bullish trend in the Ethereum Classic. The Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 17.50, from which it is expected to attempt an increase and development of the bull trend on Ethereum Classic with the target of growth near the level of 19.80.
Ethereum Classic prediction & analysis on July 5, 2017
Earlier, a weak signal was received for the buying of the Ethereum Classic cryptocurrency, due to crossing the signal lines at level 16.50. 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 15.70, which indicates the change in the bullish trend in favor of the 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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