Ethereum ETH/USD is traded at the level of 313. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. A test of the Ichimoku Kinko Hyo signal line area near the level 305 is expected, from which we expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at level 330.
Ethereum forecast & analysis ETH/USD on November 10, 2017
Earlier, a medium strength signal was obtained for buy of the Ethereum cryptocurrency, by crossing the signal lines at level 291. Cancellation of the growth variant Ethereum will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 290, 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 of 325.
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