Ethereum ETH/USD is traded at 321. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. A test of the Ichimoku Kinko Hyo signal line area near level 315 is expected, from which we expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at level 345.
Ethereum prediction & analysis ETH/USD on November 17, 2017
Earlier, a strong signal was obtained for buy of Ethereum cryptocurrency due to the crossing of signal lines at level 307. Canceling the growth scenario Ethereum there will be a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes below area 305, 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 340.
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