Ethereum forecast and Analytics ETH/USD for September 3, 2018

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Ethereum forecast and Analytics ETH/USD for September 3, 2018

Cryptocurrency Ethereum ETH/USD is trading at 290, and continues to move within the beginning of the development of the model “Triangle”. Cryptocurrency trading above the upper boundary of the Clouds Ichimoku Kinko Hyo, which indicates the presence of a rising trend in Ethereum. In the framework of the forecast rate of digital currency is expected to test the upper boundary of the Clouds Ichimoku Kinko Hyo is close to the level of 285, where we can expect rebound and attempt to continue the growth of ETH/USD with a target above the level of 335.

Ethereum forecast and Analytics ETH/USD for September 3, 2018

An additional signal in favour of growth of the cryptocurrency will perform a test of the support level and rebound from the upper boundary of the model “Triangle”. Earlier it was obtained a strong signal for purchases of Ethereum cryptocurrency, due to the intersection of the signal lines at the level of 283.

Cancellation option growth of Ethereum cryptocurrency will be a breakout of the lower border of the Ichimoku Kinko Hyo Cloud and close below the field 265, which indicates the change of the upward trend in favor of descending trend and the continuing decline in the cryptocurrency. Expect acceleration of growth of quotations ETH/USD is a breakout of resistance and a close above 310.

Thus, Ethereum forecast and Analytics ETH/USD for September 3, 2018 involves the attempt to develop correction cryptocurrency and a test at 285, where it is necessary to expect continuation of growth course Ethereum with a potential target near the level of 335, the cancellation option growth will be the drop and the breakdown field 265, which indicates the continued reduction of the digital currency.

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