Ethereum ETH/USD is traded at the level of 246 and continues to move within the framework of growth. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in Ethereum. As part of the Ethereum forecast & analysis ETH/USD September 22, 2018, Ichimoku Kinko Hyo signal line area test is expected near the 235 level, from which it is expected to rebound and try to continue the growth of ETH/USD with a target above the level of 285.
Ethereum forecast & analysis ETH/USD September 22, 2018
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level, as well as a rebound from the lower boundary of the bullish channel. Previously, a strong force signal was obtained for the buy of Ethereum cryptocurrency, due to the crossing of signal lines at level 210.
The abolition of the growth scenario of the Ethereum cryptocurrency will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closure below area 195, which will indicate a change in the upward trend in favor of the downward trend and the continued fall in the cryptocurrency. Expect to accelerate the growth of quotations ETH/USD stands with the breakdown of the resistance area and the closing above the level of 235.
Ethereum forecast & analysis ETH/USD September 22, 2018 suggests an attempt to develop a correction of the cryptocurrency and a test of the level 235, from which it is expected to continue the growth of the Ethereum rate with a potential target near the level of 285, the abolition of the growth variant will come down and the breakdown of the 195 area, which will indicate on the continued depreciation of the digital currency.
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