Ethereum forecast & technical analysis February 6, 2018


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Ethereum ETH/USD are traded at 795 and continue to move within the fall. At this point, we should expect a test of the resistance level near the area of ​​860. Again, we should expect a rebound and the continuation of the fall of the Ethereum rate with a target below 600.

Ethereum forecast & technical analysis February 6, 2018

In favor of falling quotations, ETH/USD will test the resistance line on the indicator of relative strength. The abolition of the fall option will be a strong growth and breakdown of the level of 950, which will indicate a breakdown of resistance and the continuation of the growth of ETH/USD. Expect the acceleration of the fall is with the breakdown of the support level and closing below 670.

Ethereum forecast & technical analysis February 6, 2018

Ethereum forecast & technical analysis February 6, 2018 presupposes a test of the level 860, from which it is expected to rebound and continue falling to the area below the level of 600, an additional signal in favor of the Ethereum fall will be a test of the resistance line on the indicator of relative strength index (RSI).


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