ETH/USD and ETH/BTC Technical Analysis November 22 2024
technical analysis

ETH/USD and ETH/BTC Technical Analysis November 22 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market OutlookNovember

ETH/USD

 

Ethereum continues to bullwork to the upside, extensive the $380 akin during the day on Tuesday. This bazaar continues to acquisition buyers abreast the 20 SMA on the 4 hour chart, suggesting that there should be activating abutment abreast the $355 level, and the pullbacks action affairs opportunities that we can booty advantage of. A breach aloft the $400 akin is apparently advancing longer-term, but expects cogent cerebral attrition initially back we get to it.

ETH/BTC

 

This bazaar is about “dead money” currently, as both currencies are award strength. However, longer-term I accept that this bazaar will apparently dip, conceivably extensive bottomward to the 0.042 level. Rallies will accept to accord with a massive bulk of attrition at the 0.048 level.

Thanks for watching, I’ll be aback tomorrow.