Ethereum Classic forecast & analysis on December 17, 2017


Ethereum Classic ETC/USD is trading at 30.43. 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 the upper boundary near 29.20, from which it is expected to attempt a rebound and continue growth with the target near the level of 38.50.

Ethereum Classic forecast & analysis on December 17, 2017

Ethereum Classic forecast & analysis on December 17, 2017

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 28.50. The cancellation of the growth scenario for Ethereum Classic quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a close below the area of ​​25.80, which indicates a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETC/USD is with a breakdown level of 35.00.


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