ETH/USD and ETH/BTC Technical Analysis April 28, 2017
Array

ETH/USD and ETH/BTC Technical Analysis April 28, 2017

-

- Advertisment -

Hello and welcome to News BTC’s Market Outlook April 28.

ETH/USD

ETH/USD and ETH/BTC Technical Analysis April 28, 2017

Ethereum rallied against the US dollar during the session on Thursday, breaking above the $60 level. We are now free to go much higher. Pullbacks at this point should offer value, and the $60 level now should be the beginning of fairly significant support. I have no interest in shorting, and believe that it there and will continue to go much higher.

ETH/BTC

ETH/USD and ETH/BTC Technical Analysis April 28, 2017

Ethereum rallied against Bitcoin, reaching the 0.05 area before pulling back slightly. The market looks bullish, and I believe that short-term pullbacks will continue to offer short-term buying opportunities as Ethereum has been showing quite a bit of strength against other currencies as of late.

Thanks for watching and see you again Monday.

Disclaimer: The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. It should not be regarded as investment/trading advice. All the information is believed to come from reliable sources. NewsBTC does not warrant the accuracy, correctness, or completeness of information in its analysis and therefore will not be liable for any loss incurred.


Source link

Latest news

What’s the future of decentralized blockchains?

When Bitcoin was new and not valued at anything or just a few cents anyone could join...

My 5 favorite free crypto tools & sites I use daily

So I often get asked by friends, or people visiting my site about new tips for exciting...

Cryptocurrency is The Last Kingdom Where You Can Keep Your Data Private

Data privacy has been a hot topic for quite some time now and particularly after the popularity...

How To Travel With Bitcoin: 9 Travel Companies Accepting Bitcoin

Bitcoin travel is a reality, as several travel companies now accept payments in cryptocurrencies for their services.
- Advertisement -ETH/USD and ETH/BTC Technical Analysis April 28, 2017

Top 5 Ways To Build a Profitable Business in The Crypto Sector

The crypto industry has grown significantly despite criticism and a skeptical approach from regulators across the globe....

These 8 Cryptocurrencies Will Survive the Next Decade

Cryptocurrency is the future, we all have reasons to believe it. But are people ready...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you