Ethereum ETH/USD is trading at 172 and continues to move as part of the decline. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a downward trend in Ethereum. As part of the Ethereum prediction & analysis ETH/USD November 18, 2018, a test of the Ichimoku Kinko Hyo signal line is expected near the level of 175. Where should we expect a rebound and an attempt to continue the decline of ETH/USD with a target below 145.
Ethereum prediction & analysis ETH/USD November 18, 2018
An additional signal in favor of the fall of cryptocurrency will be the test of the resistance area. As well as a rebound from the upper boundary of the descending channel. Earlier, a weak signal was received for SELL the Ethereum cryptocurrency, due to the crossing of signal lines at 215.
Cancellation of the Ethereum cryptocurrency fall will break the upper boundary of the Ichimoku Kinko Hyo Cloud and close above 190. This scenario will indicate a change in the downward trend in favor of the upward trend and the continued growth of cryptocurrency. Expect to accelerate the decline in quotes ETH/USD stands with the breakdown of the lower boundary of the model «Triangle» and closing below 165.
Ethereum prediction & analysis ETH/USD November 18, 2018 suggests an attempt to develop a correction of cryptocurrency and test level 175. Where should we expect the continuation of the fall of Ethereum with a potential target near level 145. The cancellation of the reduction option will be a strong growth and a breakdown of the 190 area. will indicate the continued growth of the digital currency.
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