Cryptocurrency Ethereum ETH/USD is trading at 330.00. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Ethereum. ETH/USD is expected to fall near the level of 315.00, then the test of the lower boundary of the Cloud of Ichimoku Kinko Hyo near the level of 330.00, from which it is expected to try to fall and develop the bearish trend for Ethereum to reduce near the level of 280.00.
Ethereum forecast ETH/USD on June 22, 2017
Earlier, a weak signal was received for the sales of the Ethereum cryptocurrency, due to the crossing of the signal lines at the level of 350.70. The cancellation of the drop in Ethereum quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 370.00, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations on ETH/USD is with the breakdown of the local minimum area at 295.00.
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