Cryptocurrency ETHEREUM ETH/USD is trading at the level of 261. Quotes of the currency are traded below the moving average with a period of 55, which indicates the presence of a bearish trend for ETHEREUM. At the moment, quotations ETHEREUM test the lower boundary of the bands of the indicator Bollinger Bands. It is expected to test the level of the middle border near the area of 312, where again we should expect an attempt to continue the fall and further develop the bearish trend in the ETHEREUM cryptocurrency with the target of falling near the level of 200.
ETH/USD forecast & signals ETHEREUM on June 27, 2017
The conservative sales area ETHEREUM is located near the upper boundary of the Bollinger Bands indicator strip at level 335. Canceling option The continuation of the fall of the ETH/USD cryptocurrency will be a breakdown of the upper range of the Bollinger Bands indicator strips, as well as a moving average with a level of 55 and the closing of quotations ETHEREUM above the 350 area, indicating change trends in favor of bullish ETH/USD. In case of breakdown of the lower Bollinger Bands indicator strips boundary is expected acceleration cryptocurrency fall to below 200.
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