Ethereum ETH/USD is closing the trading week near the area of 300. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Ethereum. It is expected to test the lower boundary of the indicator Ichimoku Kinko Hyo Clouds near the level of 285, from which we can expect a rebound and the attempt to increase cryptocurrency with target at level 375.
Ethereum weekly forecast on October 9 — 13, 2017
Previously received signal average strength for buy cryptocurrency Ethereum, due to the crossing of the signal lines at 275. Cancellation option growth Ethereum will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below area 260, which indicates a change in the flat trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD stands with the breakdown of the upper boundary of the Cloud indicator Ichimoku Kinko Hyo 325.
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