Ethereum ETH/USD is trading at 173 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 bearish trend in Ethereum. As part of the Ethereum prediction & analysis ETH/USD November 19, 2018, a test of the Ichimoku Kinko Hyo signal lines is expected to be near the level of 180. Where should we expect a rebound and an attempt to continue to reduce ETH/USD with a target below 145.
Ethereum prediction & analysis ETH/USD November 19, 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 Ethereum cryptocurrency sales, due to the intersection 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 19, 2018 suggests an attempt to develop a correction of cryptocurrency and a test of level 180. 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 area 190. This will indicate the continued growth of the digital currency.