Ethereum ETH/USD is trading at 358. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. The test area of Ichimoku Kinko Hyo signal lines near the 350 level is expected, from which we should expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 380.
Ethereum prediction & analysis ETH/USD on November 21, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the bullish trend. Earlier, a strong signal was received for the buy of Ethereum cryptocurrency due to the crossing of signal lines at level 307. The cancellation of the Ethereum growth scenario will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below area 325, which indicates a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with the breakdown of the level of 365.
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