ETH/USD and ETH/BTC Technical Analysis September 19 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 19.

ETH/USD

Ethereum rallied on Monday, reaching towards the $300 level. A break above there should be a bullish sign, and send this market towards the $320 level next. Alternately, if we were to break down below the $270 level could send this market towards the $250 level.

ETH/BTC

Ethereum had a wild day against Bitcoin, exploded to the upside, then pulling back. It appears that the 0.0725 level has offered enough support for the buyers to come back, as it once was a significant resistance. Because of this, I think that the easiest path is higher rather than lower.

Thanks for watching, I’ll see you again tomorrow.