Ethereum ETH/USD is traded at the level of 307. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. It is expected to test the lower border of the indicator near level 310, from which one should expect a rebound and a fall attempt with a target at level 255.
Ethereum forecast & analysis ETH/USD on September 13, 2017
Previously, a strong signal was received for sales of the Ethereum cryptocurrency, by crossing the signal lines at level 312. By abolishing the Ethereum fall variant, Ichimoku Kinko Hyo with the closing of quotes above the area of 335, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations ETH/USD is with the breakdown of the support area and closing below the level of 280.
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