Ethereum ETH/USD is traded at 365. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. A test of the Ichimoku Kinko Hyo signal line area near the 360 level is expected, from which we expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at level 395.
Ethereum prediction & analysis ETH/USD on November 23, 2017
Previously, a strong signal was obtained for buy of Ethereum cryptocurrency due to the crossing of the signal lines at level 307. By abolishing the growth variant Ethereum there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 335 that 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 the breakdown of the upper limit of the model «Triangle» and the closing above the level of 375.
