Ethereum ETH/USD is traded at 468. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo signal line area test near level 460 is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with the target at the level of 540.
Ethereum prediction & analysis ETH/USD on November 28, 2017
An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the channel. 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 scenario will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes below area 405, which indicates the shift of the bullish trend in favor of a bearish trend. Expect an acceleration in the growth of quotations ETH/USD stands with a breakdown of the level of 490.
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