Ethereum ETH/USD are trading at 174 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $18 343 742 174. At the moment, we can expect an attempt to test the resistance level near the area of 180. Where again we should expect a rebound and the continuation of the fall of the Ethereum rate with a potential target below 150.
Ethereum forecast & technical analysis November 19, 2018
An additional signal in favor of the drop in ETH/USD quotes will be a test of the trend line on the relative strength index (RSI). Cancellation of the option of falling cryptocurrency will be a strong growth and a breakdown of the level of 185. This will indicate a breakdown of the resistance area and continued growth of the ETH/USD quotes above the level of 200. With the breakdown of the lower boundary of the Triangle model and the closing of quotations below the level of 165, we should expect confirmation of the downward movement on Ethereum.
Ethereum forecast & technical analysis November 19, 2018 suggests an attempt to test the resistance area near the level of 180. Where should we expect a rebound and the continuation of the fall of the ETH/USD cryptocurrency to below 150. An additional signal in favor of Ethereum falling will be a test of the trend line on relative strength index (RSI). Breaking the option of reducing the digital currency will be the breakdown of the region 185. That would indicate continued growth with a potential target above the level of 200.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
