Ethereum Classic ETC/USD completes the trading week near the area of 28.95. The 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 upper test is expected near the level of 27.00, from which it is expected to attempt a rebound and further growth with the aim near the level of 40.25.
Ethereum Classic weekly forecast January 22 — 26, 2018
Earlier, we received a weak signal for sell of the Ethereum Classic cryptocurrency, due to the crossing of the signal lines at the level of 31.30. Cancellation of the growth scenario of quotations Ethereum Classic will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a closing below the area of 24.50, which will indicate a 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.
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