Ethereum ETH/USD is closing the trading week near the area of 295. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo upper limit test is expected near the level of 290, from which it is expected to expect the rebound and the growth of the cryptocurrency with the target at the level of 370.
Ethereum forecast on October 30 — November 3, 2017
Earlier, a weak signal was received for sell of the Ethereum cryptocurrency, by crossing the signal lines at level 312. The abolition of the Ethereum growth variant will be a bottom the Ichimoku Kinko Hyo Cloud borders with the closing of quotes below the area of 275, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the growth of quotations ETH/USD stands with the breakdown of the upper boundary of the «Triangle» model and the closing above the level of 385.
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