The analysis of the ETH / ETH and USD / BTC in November 22, 2017steemCreated with Sketch.

in bitcoin •  19 days ago

ETH/USD

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The Ethereum continues to go up and Tuesday has already reached $380, today the price is at a level of 364. In this market buyers continue to be about line 20 SMA on 4-hour chart, which suggests that the dynamic support should be around $355 and setbacks will provide opportunities for shopping, which we can use. A break above $400 will probably be in the long term, but first we expect considerable psychological resistance, when the price will rise to levels of 400 and 420..

ETH/BTC

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This market is now, in essence, is "dead money" because both currencies are strong. However, in the long term we believe that this market will fall and will reach 0,044. The rally will encounter massive resistance to 0,048.

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