Ethereum ETH/USD is traded at 681. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. Ichimoku Kinko Hyo signal line area test near the 620 level is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 770. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the uplink.
Ethereum forecast & analysis ETH/USD on December 14, 2017
Earlier, a weak signal was received for buy of Ethereum cryptocurrency due to the crossing of signal lines at level 445. The abolition of the Ethereum growth option will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes below the 520 area, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETH/USD is worth a breakdown of the level of 700.
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