Ethereum ETH/USD is traded at 328. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo signal line area test is expected near the 325 level, from which one should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 355.
Ethereum prediction & analysis ETH/USD on November 18, 2017
An additional signal in favor of the growth of the cryptocurrency will be a support level test. Earlier, a strong signal was received for buy of Ethereum cryptocurrency due to the crossing of signal lines at level 307. The abolition of the Ethereum growth option would be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below area 305, which would indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with a breakdown of the level of 340.
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