Ethereum ETH/USD is traded at the level of 270. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in Ethereum. It is expected to test the area of the signal lines of the indicator near the level of 290, from which one should expect a rebound and attempt to fall with a target at level 225. An additional signal in favor of the drop of the cryptocurrency will come from the resistance area test.
Ethereum prediction & analysis ETH/USD on September 14, 2017
Earlier, a strong signal was received for the sale of the Ethereum cryptocurrency, by crossing the signal lines at level 312. The cancellation of the Ethereum fall variant will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 320, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of quotations ETH/USD is worth a breakdown of the level of 255.
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