Ethereum Classic ETC/USD completes the trading week near area 31.13. 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 near the level of 29.40 is expected, from which it is expected to attempt a rebound and further growth with the target near the level of 41.00. An additional signal for the benefit of the growth of the cryptocurrency will be the upper bound of the «Triangle» model.
Ethereum Classic weekly forecast December 18 — 22, 2017
Earlier, a weak signal was received for purchases of the Ethereum Classic cryptocurrency, due to crossing of the signal lines at the level of 11.10. 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 closure below the area of 21.00, which indicates the change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETC/USD stands with a breakdown of the level of 34.00.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
