Ethereum Classic ETC/USD completes the trading week near the area of 22.79. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo Cloud is expected to test near the 20.50 level, from which it is expected to attempt a rebound and further growth with a target near the level of 35.50. An additional signal for the benefit of the growth of the cryptocurrency will be a test of the support level.
Ethereum Classic weekly forecast December 25 — 29, 2017
Earlier, a weak signal was received for buy 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 17.30, which indicates the change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETC/USD is worth a breakdown of the level of 28.60.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
