Ethereum Classic ETC/USD completes the trading week near area 32.13. 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 is expected to be tested near the level of 28.00, from which one should expect a rebound attempt and further growth with the goal near the 44.00 level.
Ethereum Classic weekly forecast January 8 — 12, 2018
Earlier, a weak signal was received for sell 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 Ichimoku Kinko Hyo Cloud with a closing below the area of 23.50, which indicates 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 level 34.50.