Ethereum ETH/USD completes trading week near area 350. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. The Ichimoku Kinko Hyo signal line area test is expected near the 330 level, from which it is expected to attempt a rebound and continue the growth of the cryptocurrency with a target at level 425.
Ethereum weekly forecast on November 20 — 24, 2017
Earlier, a medium strength signal was obtained for buy of the Ethereum cryptocurrency, by crossing the signal lines at level 314. Canceling the growth variant Ethereum will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below area 270, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD is worth a breakdown level 385.
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