Ethereum - Technical Analysis: Thursday, 15/11/2018 07:20 GMT

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Ethereum price completed forming the head and shoulders’ pattern and rallied downwards strongly to surpass the first target at 200.00 and moves around 180.00, expecting more decline, supported by the exponential moving averages 50 and 100 pressure.

The next target at 160.00, and continuing the decline requires settling below 200.00.