Ethereum ETH/USD is closing the trading week near the area of 299. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Ethereum. Ichimoku Kinko Hyo indicator cloud is expected near the level of 285, from which it is expected to expect a rebound and an attempt to grow the cryptocurrency with a target at level 375.
Ethereum weekly forecast on October 2 — 6, 2017
Earlier, a medium strength signal was obtained for buy Ethereum cryptocurrency, by crossing the signal lines at level 275. Canceling the growth variant Ethereum will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below area 270, 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 area 325.