Ethereum ETH/USD is traded at 327. The currency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. It is expected to test the area of signal lines of the indicator near the level 335, from which we should expect a rebound and attempt to fall with a target at level 285. An additional signal in favor of the fall of the cryptocurrency is the test of the resistance area.
Ethereum prediction & analysis ETH/USD on September 7, 2017
Earlier, a weak signal was received for the sale of the Ethereum cryptocurrency, by crossing the signal lines at level 361. The abolition of the Ethereum fall variant will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 350, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations ETH/USD is with the breakdown of the area 310.
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