Ethereum forecast and Analytics ETH/USD on 22 Aug 2018

0

Ethereum forecast and Analytics ETH/USD on 22 Aug 2018

Cryptocurrency Ethereum ETH/USD is traded at 273. Cryptocurrency trading below the lower border of the Ichimoku Kinko Hyo Cloud that indicates the presence of a downward trend in Ethereum. Under the forecast of the digital currency is expected to test region signal lines Ichimoku Kinko Hyo 285 near the level where we can expect rebound and attempt to continue falling ETH/USD with a target below the level 230.

Ethereum forecast and Analytics ETH/USD on 22 Aug 2018

Additional signal in favor of the fall of the cryptocurrency will perform a test of the resistance level and test the upper boundary of the descending channel. Was previously received signal average strength for sales of Ethereum cryptocurrency, due to the intersection of the signal lines at the level of 290.

The cancellation option drop Ethereum cryptocurrency will be a break of the upper border of the Ichimoku Kinko Hyo Cloud and closing above the field 315, which indicates the change of the downward trend in favor of a rising trend and continued growth of the cryptocurrency. Expected to accelerate the drop in prices of ETH/USD is a breakout of the support area and closing below the level 255.

Thus, Ethereum forecast and Analytics ETH/USD for August 22, 2018 involves the attempt to develop correction cryptocurrency and a test at 285, where we can expect further rate fall Ethereum with a potential target near the level of 230, a cancel option, the decline will be strong growth and the breakdown region 315.

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.