Ethereum ETH/USD completes trading week near area 331. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in Ethereum. Ichimoku Kinko Hyo indicator area signal lines are expected near the 325 level, where we expect a rebound and an attempt to grow the cryptocurrency with a target at 450.
Ethereum weekly forecast on September 11 — 15, 2017
An additional signal in favor of the growth of the cryptocurrency will be a support area test, as well as a test of the lower bounds of the uplink. Earlier, a weak signal was received for the sale of the Ethereum cryptocurrency, by crossing the signal lines at 329. 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 260, 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 area 365.
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