Ethereum ETH/USD is traded at 289. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in Ethereum. Ichimoku Kinko Hyo Cloud near the level 288 is expected to be tested near the level of 288, from which it is expected to attempt an increase and further development of the bullish tendency on Ethereum for the target of growth near the level of 340.
Ethereum prediction & analysis ETH/USD on August 14, 2017
Earlier, a weak signal was obtained for the buying of the Ethereum cryptocurrency, due to the crossing of signal lines at the level of 191. The cancellation of the growth of Ethereum quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 265, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETH/USD is with the breakdown of the local maximum area at 315.
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