Ethereum Classic ETC/USD is trading at 12.90. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the Ethereum Classic. Ichimoku Kinko Hyo indicator lines are expected near the level of 12.00, from which it is expected to attempt a rebound and further growth with a target close to level 16.50. An additional signal in favor of growth will test the level of support.
Ethereum Classic prediction & analysis on October 2, 2017
Earlier, a weak signal was received for buy of the Ethereum Classic cryptocurrency, due to crossing of the signal lines at the level of 10.40. 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 11.50, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of ETC/USD is with a breakdown of the resistance level and closing above 14.00.