Ethereum ETH/USD is traded at 471. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Ethereum. Ichimoku Kinko Hyo signal line area test is near the 465 level, where we expect a rebound and an attempt to continue the growth of the cryptocurrency with a target at 540.
Ethereum prediction & analysis ETH/USD on November 30, 2017
Earlier, a strong signal was obtained for the buy of Ethereum cryptocurrency due to the crossing of signal lines at level 307. By abolishing the growth variant Ethereum there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 415, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with the breakdown of the upper limit of the model «Triangle» and the closure above the level of 490.
