Ethereum ETH/USD is traded at 285. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Ethereum. Expected to test the upper boundary of the Cloud of the indicator near the level of 275, from which we should expect a rebound and a growth attempt with a target at 340.
Ethereum prediction & analysis ETH/USD on September 21, 2017
An additional signal in favor of the growth of the cryptocurrency is the test of the support area. Earlier, a weak signal was received to buying the Ethereum cryptocurrency, by crossing the signal lines at level 247. Canceling the Ethereum growth option would be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below area 240, which would indicate a change in the bullish trend in favor of a bearish. Expect to accelerate the growth of quotations ETH/USD is with a breakdown level of 300.