Ethereum ETH/USD is traded at 324. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near level 320 is expected, from which we should expect a rebound and a growth attempt with a target at level 365. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the bullish channel.
Ethereum prediction & analysis ETH/USD on October 18, 2017
Earlier, a medium strength signal was obtained for the buy of the Ethereum cryptocurrency, by crossing the signal lines at level 300. The abolition of the Ethereum growth scenario would be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below area 310, which would indicate an bullish trend in favor of a bearish. Expect to accelerate the growth of quotations ETH/USD stands with a breakdown of the level of 345.
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