Cryptocurrency Ethereum ETH/USD is trading at the level of 339.77. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in Ethereum. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the 310.00 level, from which one should expect an attempt to grow and develop the bull ishtrend on Ethereum with the target of growth near the level of 410.00.
Ethereum forecast ETH/USD on June 16, 2017
Earlier, we received a weak signal for sales of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 360.70. Cancellation of the growth of quotations Ethereum will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 290.00, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations for ETH/USD is with the breakdown of the local maximum area at 390.00.
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