Ethereum ETH/USD is traded at the level of 353. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the 345 level is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 380.
Ethereum prediction & analysis ETH/USD on November 20, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a strong signal was received for the buy of Ethereum cryptocurrency due to the crossing of signal lines at level 307. The abolition of the Ethereum growth variant will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below area 310, which indicates a bullish in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with the breakdown of the level of 365.
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