Ethereum forecast & technical analysis December 15, 2017


Ethereum ETH/USD are traded at 737 and continue to move within the growth. At this point, we should expect an attempt to lower and test the lower border of the uplink near the 665 area. Again, we expect a rebound and the continued growth of the Ethereum rate with a target above 810.

Ethereum forecast & technical analysis December 15, 2017

In favor of the growth of the ETH/USD quotations, a support line test will be performed on the relative strength index (RSI). Cancellation of the growth option will be a breakdown of the area 620, which will indicate the outflow of quotes outside the channel and the continuation of the fall of ETH/USD. Expect to accelerate growth is with the breakdown of the level of 760.

Ethereum forecast & technical analysis December 15, 2017

Ethereum forecast & technical analysis December 15, 2017 assumes an attempt to test the lower border of the channel near the 665 area, from which it is expected to rebound and continue to rise above 810, an additional signal in favor of Ethereum growth will be a trend line test on the indicator of relative strength index (RSI).


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