Ethereum ETH/USD is trading at 249. The currency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. It is expected to test the area of signal lines of the indicator near level 275, from which one should expect a rebound and attempt to fall with a target at level 205. An additional signal in favor of the fall of the cryptocurrency will come from the resistance area test.
Ethereum forecast & analysis ETH/USD on September 15, 2017
Earlier, a strong signal was received for the sale of the Ethereum cryptocurrency, by crossing the signal lines at level 312. The cancellation of the Ethereum fall variant will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 310, which indicates a change in the bearish trend in favor of the bullish trend. To expect the acceleration of falling quotations ETH/USD is standing at the breakdown of the level 245.
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