ETH/USD and ETH/BTC Technical Analysis September 4 2017

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Hello and welcome to News BTC’s Market Outlook September 4.

ETH/USD

 Ethereum was suspiciously quiet during the Friday session as the US dollar was very volatile. That being said, I think that the biggest concern right now is the $400 level above, and the potential resistance that a large number like that can cause. That being the case, I am bullish of this market, but I’m waiting for a break above the $400 handle to put more money to work.

ETH/BTC

Ethereum continues to find support near the 0.081 level, as we have bounced slightly. The market looks likely to find buyers in this general vicinity, as we should then go to the 0.803 level, and perhaps beyond. I don’t have any interest in selling. Ultimately, this market should continue to break above the 0.085 level above, and continue to go higher.

Thanks for watching, all see you again tomorrow.