Ethereum ETH/USD are trading at 362 and continue to move within the growth. At this point, we should expect a test of the support level near the area of 345. Where again we should expect a rebound and the continued growth of the Ethereum rate with a target above the level of 380.
ETHEREUM forecast & technical analysis November 21, 2017
In favor of the growth of quotations, ETH/USD will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth option will be the fall and breakdown of the 330 area, which will indicate the outflow of quotations outside the channel and the continuation of the fall of ETH/USD. Expect to accelerate growth is with the breakdown of the level of 370.
ETHEREUM forecast & technical analysis November 21, 2017 assumes an attempt to test the support level near 345 and continue growth to an area above the 380 level within the rebound from the lower border of the channel, an additional signal in favor of Ethereum growth will be a test of the trend line on the indicator relative strength (RSI).
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