Ethereum ETH/USD is traded at the level of 305. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in Ethereum. Ichimoku Kinko Hyo Cloud near the level 303 is expected to be tested near the level of 303, from which one should expect a rebound and a growth attempt with a target at level 335.
Ethereum prediction & analysis ETH/USD on October 13, 2017
Earlier, a medium strength signal was obtained for buy of the Ethereum cryptocurrency, by crossing the signal lines at level 300. By abolishing the Ethereum growth scenario, breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 290, which indicates the change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations ETH/USD is with a breakdown of the resistance level and the closure above the area of 315.