Tag: ETH

ethusd

ETH/USD and ETH/BTC Technical Analysis November 16 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to run to the upside during the trading session on Wednesday, but the $340 level looks to be offering a bit of resistance. Because of this, I think a pullback might be necessary, but that pullbacks should only offer a fresh buying opportunity. I believe that the $312 level will now offer a bit of a “...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 15 2017 No Comments

Hello and welcome to News BTC’s Market Outlook November. ETH/USD Ethereum continues to chop around in a slow upward grind against the US dollar, as we have found the $330 level to cause a bit of trouble. However, I think we will continue to see buyers underneath so it’s likely that the market continues to rally from here, perhaps offering an opportunity to get involved to the upside ...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 14 2017 No Comments

ETH/USD Ethereum has been rather choppy during the session on Monday, but it does look as if we are trying to go higher. I believe that the $312 level underneath should offer a bit of support, but we need to break above the $320 level to extend the rally. Right now, the stochastics look a little bit overbought, but longer-term I still believe that the buyers come back into the marketpla...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 13 2017 No Comments

ETH/USD Ethereum continues to chop around against the US dollar, and is currently testing the $300 level for support. It looks likely that we will find support underneath, perhaps extending as low as $280. This pullback should be thought of as a potential buying opportunity, as traders seem to be looking at building longer-term and larger positions. Overall, this should offer value for th...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 10 2017 No Comments

ETH/USD Ethereum has finally done it, breaking above the $316 level. This is very likely going to be the beginning of a rally towards the $350 level, so therefore I think that short-term pullback should be buying opportunities and the $310 level should offer support. We are a little bit overbought at this point, so look at pullbacks as opportunities to go long. ETH/BTC Ethereu...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 9 2017 No Comments

ETH/USD Ethereum has bounced a bit during the trading session on Wednesday, using the $290 level as a springboard. It now looks as if were going to try to reach towards the 310 region again, but it’s not until we break above the $316 level that I feel the market is free to go higher. In the meantime, I like buying dips and adding to my position as I believe we are trying to form a lar...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 8 2017 No Comments

ETH/USD Ethereum took a beating during the trading session on Tuesday, slicing down below the $290 level. It’s likely that the market continues to go much lower, towards the bottom of the overall consolidation area. The $272 level underneath continues to be very supportive though, and I think that we could find a buying opportunity at these lower levels. I would be a buyer on some typ...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 7 2017 No Comments

ETH/USD Ethereum continues to chop around in a large consolidation area, with minor support at $290, and even more important support at $272 underneath. Ultimately, I believe that breaking above the $316 level is what the market will eventually do, and once we get above that level, the market should continue to go towards the $350 level above as it is so important on the longer-term cha...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 6 2017 No Comments

ETH/USD Ethereum rallied quite a bit during the day on Friday, breaking above the $292 level that I had pointed out yesterday. We touched the $300 level, and if we can break above there, the market should then go to the $312 handle, which extends to the $316 level. A break above the $316 level is a longer-term “buy-and-hold” situation, and between now and then it looks likely that s...


ethusd

ETH/USD and ETH/BTC Technical Analysis November 3 2017 No Comments

ETH/USD Ethereum fell during the trading session on Thursday, breaking below the $290 level, and then testing the $275 level underneath. A bounce from there tested the $290 level, which of course is a very important level, as it was the bottom of consolidation, but it looks likely that we are entering a wider consolidated area. A break above the $292 level should have the market looking...


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