Ethereum Classic ETC/USD is trading at the level of 17.32. 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 area at 16.00, from which it is expected to attempt a rebound and continue growth with the target near the level of 22.50.
Ethereum Classic forecast & analysis on March 22, 2018
An additional signal in favor of growth will test the level of support. Earlier, a weak strength signal was obtained for buy of the Ethereum Classic cryptocurrency, by crossing the signal lines at 13.50.
The cancellation of the growth scenario for Ethereum Classic quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with a close below the area of 12.80, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of growth ETC/USD stands with a breakdown of the resistance area and closing above the level of 19.50.
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