Ethereum ETH/USD is trading at 193 and continues to move as part of the fall. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a downward trend in Ethereum. As part of the Ethereum prediction & analysis ETH/USD November 2, 2018, Ichimoku Kinko Hyo signal lines are expected to test near the level of 197. Where should we expect a rebound and an attempt to continue the fall of ETH/USD with a target below the level of 180.
Ethereum prediction & analysis ETH/USD November 2, 2018
An additional signal in favor of the fall of cryptocurrency will be the test of the resistance level. Previously, a strong signal was received for SELL the Ethereum cryptocurrency, due to the crossing of signal lines at the level of 200.
Cancellation of the Ethereum cryptocurrency fall will break the upper boundary of the Ichimoku Kinko Hyo Cloud and close above area 205. 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 fall in quotes ETH/USD stands with the breakdown of the support area and closure below 190.
Ethereum prediction & analysis ETH/USD November 2, 2018 involves an attempt to develop a correction of cryptocurrency and test level 197, from which we can expect the continuation of the fall of Ethereum with a potential target near the level 180, the cancellation of the fall option will be a strong growth and breakdown will indicate the continued growth of the digital currency.