Ethereum ETH/USD are traded at 901 and continue to move within the framework of the upward correction. At this point, we should expect an attempt to test the resistance level near the area of 1000. Again, we expect a rebound and the continued decline in the Ethereum rate with a target below 790. In favor of falling quotes ETH/USD will test the resistance line on the indicator of relative strength index (RSI).
Ethereum forecast & technical analysis February 11, 2018
The cancellation of the fall option will be a strong growth and a breakdown of the level of 1150, which will indicate the breakdown of the upper boundary of the channel and the continuation of the growth of ETH/USD above the level of 1500.
Ethereum forecast & technical analysis February 11, 2018 suggests a test of the level of 1000, from which it is expected to rebound and continue the decline in the area below the level of 790, an additional signal in favor of the Ethereum fall will be a test of the trend line on the indicator of relative strength index (RSI).
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