Ethereum Classic ETC/USD is trading at the level of 29.59. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. The test area of Ichimoku Kinko Hyo signal lines is expected near the level of 29.00, from which it is expected to attempt a rebound and continue growth with the target near the level of 36.50.
Ethereum Classic prediction & analysis on November 30, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel. Earlier, a strong signal was received for buy of the Ethereum Classic cryptocurrency, due to crossing the signal lines at the level of 17.50. 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 closure below the area of 22.00, which indicates the change in the bullish trend in favor of a bearish trend. Expect an acceleration in the growth of quotations ETC/USD stands with a breakdown of the level of 33.50.
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