Ethereum ETH/USD is traded at the level of 355. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in Ethereum. It is expected to test the area of the signal lines of the indicator near the level of 345, from which we should expect a rebound and an attempt at growth at the level of 395.
Ethereum forecast & analysis ETH/USD on August 30, 2017
Previously, a strong signal was obtained for buying of Ethereum cryptocurrency, by crossing signal lines at level 318. The abolition of the Ethereum growth scenario will be a breakdown of the lower boundary Clouds Ichimoku Kinko Hyo with the closing of quotes below area 305, which indicates the change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD is worth a breakdown of the area 360.
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