Ethereum Classic ETC/USD completes the trading week near the area of 38.45. The 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 35.00, from which one should expect a rebound attempt and further growth with the target near the level of 48.00.
Ethereum Classic weekly forecast January 15 — 19, 2018
Earlier, a strong signal was received for buy of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 28.90. Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with a close below the area of 25.50, which indicates the change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with a breakdown of the level of 44.00.
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