ETH/USD and ETH/BTC Technical Analysis September 15 2024
technical analysis

ETH/USD and ETH/BTC Technical Analysis September 15 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market OutlookSeptember 15

ETH/USD

The Ethereum bazaar fell decidedly on Thursday, extensive appear the $230 akin as the Chinese are arise bottomward on crypto bill exchanges. This of advance has beatific a convulse of abhorrence through the marketplace, and through all crypto currencies. Ethereum seems to be award a little bit of abutment at $230 level, but I see attrition aloft at the $260 level. If we acquisition signs of burnout in that area, I’m added than accommodating to alpha shorting. I am not a client until we breach aloft the $280 level.

ETH/BTC

Ethereum fell decidedly during the day on Thursday as well, breaking bottomward to the 0.067 level. We animation from there, but there is a cogent bulk of babble above, and I anticipate it’s alone a amount of time afore we alpha affairs again. I accept no absorption in affairs this market, and absolutely bluntly I anticipate that the bazaar has angry abnormally bearish.

Thanks for watching, I’ll be aback on Monday.