Ethereum ETH/USD is traded at the level of 297. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. The Ichimoku Kinko Hyo lower bound is expected near the level of 298, from which we expect a rebound and a fall attempt with a target at level 265.
Ethereum prediction & analysis ETH/USD on October 27, 2017
Earlier we received a weak signal for buy of Ethereum cryptocurrency due to the crossing of signal lines at level 292. The abolition of the Ethereum fall variant will be a breakdown of the upper the Ichimoku Kinko Hyo Cloud borders with the closing of quotes above area 315, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes ETH/USD is with a breakdown of the level of 285.
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