Ethereum forecast and Analytics ETH/USD on 27 Oct 2018

0

Ethereum forecast and Analytics ETH/USD on 27 Oct 2018

Cryptocurrency Ethereum ETH/USD is trading at 200 and continues to move in the correction and shaping of the model “Triangle”. 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 27 October 2018, is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud in close proximity to the 202 level, where we can expect rebound and attempt to continue falling ETH/USD with a target below the level 185.

Ethereum forecast and Analytics ETH/USD on 27 Oct 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 model “Triangle”. Earlier it was obtained a strong signal for sales of the bitcoin and Ethereum, due to the intersection of the signal lines on the 200 level.

The cancellation option drop Ethereum cryptocurrency will be a break of the upper border of the Ichimoku Kinko Hyo Cloud and closing above the area 210 that indicates 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 lower boundary of the model “Triangle” and close below the level of 195.

Thus, Ethereum forecast and Analytics ETH/USD on 27 Oct 2018 involves the attempt to develop correction cryptocurrency and test at 202, where we can expect further rate fall Ethereum with a potential target near the level of 185, lifting the drop option will deliver strong growth and the breakdown region 210, which indicates a continued growth rate of digital currency.

Leave A Reply

Your email address will not be published.

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