Ethereum ETH/USD is traded at 286. The currency is traded within the Ichimoku Kinko Hyo Cloud, indicating a trend reversal in favor of the Ethereum side. Ichimoku Kinko Hyo Cloud near the level 287 is expected to be tested near the level of 287, from which we should expect a growth attempt near the level of 300. Earlier, we received a weak signal for sales of the Ethereum Crypto currency, by crossing the signal lines at level 303.
Ethereum forecast & analysis ETH/USD on August 17, 2017
Cancellation of the growth scenario for Ethereum quotations will be a breakdown The lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 260, which indicates a change in the lateral trend in favor of a downward trend. Expect the resumption of the growth of quotations ETH/USD stands with the breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing of quotes above the level of 305.
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