Ethereum forecast and Analytics ETH/USD on September 9, 2018

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Ethereum forecast and Analytics ETH/USD on September 9, 2018

Cryptocurrency Ethereum ETH/USD is trading at 197 and continues to diminish. Cryptocurrency trading below the lower border of the Ichimoku Kinko Hyo Cloud that indicates the presence of a downward trend in Ethereum. In the framework of the forecast rate of digital currency on 9 September 2018, is expected to test region signal lines Ichimoku Kinko Hyo in close proximity to the 210 where we can expect rebound and attempt to continue falling ETH/USD with a target below level 160.

Ethereum forecast and Analytics ETH/USD on September 9, 2018

Additional signal in favor of the fall of the cryptocurrency will perform a test of the resistance level and rebounded from the upper border of the descending channel. Earlier it was obtained a weak signal for selling cryptocurrency Ethereum, due to the intersection of the signal lines at 285.

The cancellation option drop Ethereum cryptocurrency will be a break of the upper border of the Ichimoku Kinko Hyo Cloud and closing above 255, which will point to a change in 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 175.

Thus, Ethereum forecast and Analytics ETH/USD on 9 September 2018 involves the attempt to develop the cryptocurrency and correction test level a 210 where we can expect further rate fall Ethereum with a potential target near the level of 160, a cancel option, the decline will be strong growth and the breakdown region 255, which indicates a continued growth rate of digital currency.

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