Ethereum ETH/USD is trading at 200 and continues to move as part of growth. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Ethereum. As part of the Ethereum prediction & analysis ETH/USD November 4, 2018, a test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 196. Where should we expect a rebound and an attempt to continue the growth of ETH/USD with a target above the level of 210.
Ethereum prediction & analysis ETH/USD November 4, 2018
An additional signal in favor of the growth of cryptocurrency will be a test of the support level, as well as a rebound from the upper limit of the downward channel. Earlier, a strong signal was received for BUY the Ethereum cryptocurrency, due to the crossing of signal lines at the level of 196.
The cancellation of the Ethereum cryptocurrency growth option will be the breakdown of the Ichimoku Kinko Hyo Cloud and the closure below area 195. This scenario will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall in cryptocurrency. ETH/USD is expected to accelerate the growth of quotes with the breakdown of the resistance area and closing above the level of 200.
Ethereum prediction & analysis ETH/USD November 4, 2018 suggests an attempt to develop a correction of cryptocurrency and test level 196, from which we can expect the continuation of the growth of Ethereum with a potential target near the level 210. Cancellation of the growth option will be the fall and a breakdown of the area 195, indicating on the continued depreciation of the digital currency.