Ethereum forecast & analysis ETH/USD on August 10, 2017


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Ethereum ETH/USD is traded at 284. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. ETH/USD is expected to fall in the signal line area near the level of 265, from which it is expected to try to grow and further develop the bullish tendency on Ethereum for the target of growth near the level of 340.

Ethereum forecast & analysis ETH/USD on August 10, 2017

Ethereum forecast & analysis ETH/USD on August 10, 2017

Earlier, a weak signal was received for buying of the Ethereum cryptocurrency, 191. Cancellation of the variant of growth of quotations Ethereum will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below area 225, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for ETH/USD is with the breakdown of the local maximum area at 315.


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