Ethereum prediction & analysis ETH/USD on August 31, 2017


Ethereum ETH/USD is trading at 376. Cryptocurrency trading above the upper boundary of the clouds Ichimoku Kinko Hyo, indicating a bullish trend on the Ethereum. It is expected to test the area of ​​the signal lines of the indicator near the level of 370, from which we should expect a rebound and a growth attempt with a target at level 425.

Ethereum prediction & analysis ETH/USD on August 31, 2017

Ethereum prediction & analysis ETH/USD on August 31, 2017

An additional signal in favor of the growth of the cryptocurrency will be a test of the broken channel’s uplink. Previously received a strong signal for buying cryptocurrency Ethereum, due to the crossing of the signal lines at 318. Cancellation option will increase Ethereum breakdown of cloud Ichimoku Kinko Hyo with closing quotations below the area 330 that indicates to replace the bullish trend in favor bearish. Expect to accelerate the growth of quotations ETH/USD is worth a breakdown of the area 385.


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