Ethereum ETH/USD is trading at 131.00 and continues to move as part of the correction and the formation of the «Triangle» model. ETH/USD cryptocurrency moves below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a downward trend by Ethereum. As part of the Ethereum Forecast and Analysis ETH/USD March 15, 2019. A test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 132.65. Where should we expect a rebound and an attempt to continue the fall of ETH/USD with a target below 110.00.

Ethereum Forecast and Analysis ETH/USD March 15, 2019

An additional signal in favor of the fall of cryptocurrency will be the test of the resistance area. The second signal will be a rebound from the upper boundary of the model «Triangle». Earlier, a weak signal was received for Ethereum cryptocurrency sales. The signal was formed due to the intersection of the signal lines at 132.65. The nearest resistance area is at 140.00. The support area of ​​ETH/USD is located at 125.00.

Ethereum Forecast and Analysis ETH/USD March 15, 2019

The cancellation of the Ethereum cryptocurrency fall option will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud and a close above the 140.00 area. Such a scenario would indicate a change in the downward trend in favor of the upward trend and the continued growth of cryptocurrency. Expect to accelerate the fall in quotes ETH/USD stands with the breakdown of the lower boundary of the model «Triangle» and closing below 125.00.

Ethereum Forecast and Analysis ETH/USD March 15, 2019 suggests an attempt to develop a cryptocurrency correction and a test level of 132.65. Where can we expect to continue the fall of Ethereum with a potential target near the level of 110.00. Cancellation of the reduction option will be a strong growth and the breakdown of the 140.00 area. This will indicate a continued rise in the rate of digital currency with a potential target above the level of 155.00.