Ethereum forecast and Analytics ETH/USD for October 20, 2018

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Ethereum forecast and Analytics ETH/USD for October 20, 2018

Cryptocurrency Ethereum ETH/USD is trading at 200 and continues to move in the correction. 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 course of digital currency by 20 October 2018, is expected to test the lower boundary of the Clouds Ichimoku Kinko Hyo 205 near the level where we can expect rebound and attempt to continue falling ETH/USD with a target below level 180.

Ethereum forecast and Analytics ETH/USD for October 20, 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 203.

The cancellation option drop Ethereum cryptocurrency will be a break of the upper border of the Ichimoku Kinko Hyo Cloud and a close above region 215 that 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 of 195.

Thus, Ethereum forecast and Analytics ETH/USD on 20 October 2018 involves the attempt to develop correction cryptocurrency and test at 205, where we can expect further rate fall Ethereum with a potential target near the level of 180, the lifting of the drop option will deliver strong growth and the breakdown region 215, which indicates a continued growth rate of digital currency.

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