Ethereum ETH/USD is traded at 284. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. The test of the upper limit of the Cloud of the indicator near the level of 275 is expected, from which we should expect a rebound and an attempt of growth with a target at the level of 335. An additional signal in favor of the growth of the cryptocurrency is the test of the support area.
Ethereum prediction & analysis ETH/USD on September 20, 2017
Earlier, a weak signal was received to buying the Ethereum cryptocurrency, by crossing the signal lines at level 247. Canceling the Ethereum growth option would be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below area 240, which would indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with a breakdown of the level of 305.
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