Ethereum ETH/USD is traded at 467. 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 a target at the level of 540.
Ethereum prediction & analysis ETH/USD on November 29, 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 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 quotes below area 410, which would indicate a 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.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
