Cryptocurrency ETHEREUM ETH/USD is trading at 254. Cryptocurrency are traded below the moving average with a period of 55, indicating a bearish trend in ETHEREUM. At the moment, quotes are testing the lower boundary of the bands of the Bollinger Bands indicator. It is expected that the quotations will rise to the mid-range at the level of 265, where again we should expect an attempt to continue the fall and further develop the bearish trend in the ETHEREUM cryptocurrency with the target near level 220.
Trading signals & ETHEREUM forecast on July 6, 2017
The conservative sales area ETH/USD is located near the upper boundary of the Bollinger Bands indicator strip at 280. The cancellation The option of continuing the fall of the ETH/USD cryptocurrency will be a breakdown of the upper boundary area of the Bollinger Bands indicator strips, as well as a moving average with a level of 55 and the closing of quotations ETHEREUM above area 295, indicating change trends in favor of bullish ETH/USD. In the event of a breakdown of the lower boundary of the Bollinger Bands indicator bars, it is expected to accelerate the fall of the cryptocurrency.
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