Ethereum ETH/USD is trading at 117 and continues to move as part of a decline. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a downward trend in Ethereum.
As part of the digital currency exchange rate forecast for November 29, 2018, a test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 120. Where should we expect a rebound and an attempt to continue to decline ETH/USD with a target below 80.
Ethereum prediction & analysis ETH/USD November 30, 2018
An additional signal in favor of the fall of cryptocurrency will be the test of the resistance area. Earlier, a weak signal was received for BUY the Ethereum cryptocurrency purchases. The signal was formed due to the intersection of signal lines at 110.
The cancellation of the Ethereum cryptocurrency fall option will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud and a closure above region 140. This scenario will indicate a change in the downward trend in favor of the upward trend and the continuation of cryptocurrency growth. Expect to accelerate the decline in quotes ETH/USD stands with the breakdown of the support area and closure below 95.
Ethereum prediction & analysis ETH/USD November 30, 2018 suggests an attempt to develop a correction of cryptocurrency and test level 120. Where should we expect the continuation of the fall of Ethereum with a potential target near level 80. Cancellation of the reduction option will be a strong growth and breakdown of the area 140. This will indicate the continued growth of the digital currency.