Cryptocurrency ETHEREUM ETH/USD is traded at 322.51. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in ETHEREUM. Ichimoku Kinko Hyo Cloud is expected to test near the level of 335.00, from which one should expect an attempt to drop and develop a bearish trend for ETHEREUM with a view to reducing near the level of 260.00.
ETHEREUM forecast ETH/USD on June 24, 2017
Earlier, a weak signal was received for the sales of the ETHEREUM Crypto currency, due to the intersection 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 quotations above the area of 360.00, which will indicate a change in the downward trend in favor of the upward. Expect to accelerate the fall of quotations on ETH/USD is with the breakdown of the local minimum area at 280.00.
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