Ethereum ETH/USD is trading at 599. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Ethereum. Ichimoku Kinko Hyo Cloud near the 595 level is expected to be tested near the 595 level, from which it is expected to rebound and try to grow the cryptocurrency with the target at 740.
Ethereum forecast & analysis ETH/USD on December 23, 2017
Earlier, a weak signal was received for sell of the Ethereum cryptocurrency, by crossing the signal lines at 735 level. breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 560, which indicates a change in the flat trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with the breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing above the level of 770.
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