Ethereum ETH/USD is traded at the level of 330. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Ethereum. Ichimoku Kinko Hyo signal line area test is near the 320 level, from which we expect a rebound and an attempt to continue the growth of the crypto currency with a target at 360.
Ethereum forecast & analysis ETH/USD on November 15, 2017
Earlier, a strong signal was received for the buy of Ethereum cryptocurrency due to the intersection of the signal lines at level 307. By abolishing the growth variant Ethereum there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 300, which will indicate a shift in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with a breakdown of the level of 340.
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