Ethereum ETH/USD is traded at the level of 280. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the level 290 is expected to be tested near the level of 290, from which one should expect a rebound and an attempt to continue the fall of the crypto currency with a target at level 255.
Ethereum forecast & analysis ETH/USD on November 3, 2017
Earlier, a weak signal was received for sell of the Ethereum cryptocurrency, by crossing the signal lines at level 300. By abolishing the Ethereum fall variant there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 310, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes ETH/USD is worth a breakdown of the level of 275.
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