Ethereum ETH/USD is traded at the level of 459. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates 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 should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 530. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.
Ethereum prediction & analysis ETH/USD on December 3, 2017
Earlier, a weak signal was received for the sell of the Ethereum cryptocurrency, by crossing the signal lines at level 465. Canceling the Ethereum growth scenario will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes below the 420 area, which indicates a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with the breakdown of the upper boundary of the indicator Cloud and the closing above the level of 480.
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