Ethereum ETH/USD is trading at the level of 458. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the 455 level is expected to be tested near the 455 level, from which we expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 555.
Ethereum forecast & analysis ETH/USD on December 6, 2017
Earlier, an average signal signal was received for buy of the Ethereum cryptocurrency, by crossing the signal lines at level 458. Canceling the growth variant Ethereum will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 430, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with a breakdown of the level of 485.
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