Ethereum ETH/USD is trading at 380. The currency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. It is expected to test the area of the signal lines of the indicator near the level of 375, from which we should expect a rebound and an attempt of growth with a target at level 425.
Ethereum forecast & analysis ETH/USD on September 1, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the broken channel of the bullish channel. Earlier, a strong signal was received for buying of Ethereum cryptocurrency due to the crossing of the signal lines at level 318. The cancellation of the Ethereum growth scenario would be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes below area 345, which would indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with the breakdown of the area 390.
- BITCOIN chart online
- BITCOIN forecast & analysis
- ZCASH news & technical analysis
- LITECOIN prediction for today
- RIPPLE forecast & signals
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
