Ethereum ETH/USD is trading at 238.15. Cryptocurrency continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend in Ethereum. The Ichimoku Kinko Hyo Cloud is expected to be tested near the 245 level, from which it is expected to continue the decline of the cryptocurrency quotations to fall near the level of 200. An additional signal in favor of falling quotes will come a tight test of the resistance area.
Ethereum ETH/USD prediction & analysis on July 10, 2017
Earlier, a strong signal was received for the sales of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 265.00. The cancellation of the option to lower the quotations will be strong growth and breakdown of the upper limit of Ichimoku Kinko Hyo with a close above the level of 285, which will indicate a change in the trend in favor of an bullish in ETH/USD. Expect to accelerate the fall of the cryptocurrency is worth a breakdown of the area 225.
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