Ethereum ETH/USD is traded at the level of 332. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of 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 19, 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 the buy of Ethereum cryptocurrency due to the crossing of signal lines at level 307. The cancellation of the Ethereum growth option would be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes below area 310, which would indicate an 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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