ETH/USD and ETH/BTC Technical Analysis Aug18, 2024
technical analysis

ETH/USD and ETH/BTC Technical Analysis Aug18, 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook Aug 18

ETH/USD

Ethereum pulled aback hardly during the affair on Thursday, but again attempt abundant higher. Now that we are at the $310 level, the bazaar looks accessible to abide to go abundant higher. However, I anticipate that the bazaar will acquisition buyers on pullbacks, and that’s how I would buy this market, on the dips. Ultimately, I apprehend this bazaar to go attractive appear the $320 level.

ETH/BTC

Ethereum continues to go sideways, blind about the 0.07 level. This bazaar continues to action actual little in the way of trading, but it does attending as if we are conceivably aggravating to body up a little bit of a abject in a somewhat bound accession phase. At this point, I’m on the sidelines.

Thanks for watching, I’ll see on Monday.