ETH/USD
Ethereum fell during most of the trading session on Thursday, but found the $400 level to be supportive enough to cause a bounce. By looking at the chart, I see a cluster of trading activity near the $430 handle, so move above there has been bullish of Ethereum again, looking to reach towards the $470 level, possibly even the $480 level. A breakdown below $400 would be very negative.
ETH/BTC
With Bitcoin making a new high every couple of hours, it’s not a surprise that this pair continues to fall. Simply put, every time this market rallies, it’s time to start selling again. The 0.03 level should be massive resistance, and at this point I don’t know where the bottom is.
Thanks for watching, I’ll be back tomorrow.
Related Post:
- News BTC Ethereum Analysis December 5, 2017
- News BTC Ethereum Analysis December 7, 2017
- News BTC Ethereum Analysis December 12, 2017
- News BTC Ethereum Analysis December 14, 2017
- News BTC Ethereum Analysis December 15, 2017
- News BTC Ethereum Analysis December 20, 2017
- News BTC Ethereum Analysis December 21, 2017
- News BTC Ethereum Analysis December 23, 2017
- News BTC DASH and Litecoin Analysis December 8, 2017
- News BTC DASH and Litecoin Analysis December 12, 2017
