ETH/BTC 48 hour price chart analysis

in #cryptocurrency7 years ago (edited)

ETH/BTC chart analysis (48 past hours) This pair has shown quite an evaluation in the past 48 hours (as shown below)

ETH-BTC 09-01-18.JPG

As you can see, there was an average gain of an average daily 7% in the past 48 hours. There has been un upward trend (so far), and thus, I intend to buy some more ETH soon!!!

If this pace keeps the same, I reckon that a correction might occur in another 5 days (that`s only my prediction). If this happens to be true, then the correction pice on this pair should be around 0.1089

Below you might find the support and resistance areas for the last 48 hours period

0.0726 support on 01/08 (shown in green)

0.0749 resistance on 01/08 (shown in light red)

0.0755 support on 01/09 (shown in yellow)

0.0826 resistance on 01/09 (shown in brown)

The dark red line is the tendency fot the last 48 hours, and as you can see it shows an evaluation of ETH price.

PS This is only a prediction and it shouldn`t be considered as an adivse to buy or sell. Use your own dilligence in order to operate in the market.

My other crypto analysis... https://steemit.com/cryptocurrency/@aotearoa/xmr-btc-price-analysis-for-the-past-60-hours

Please let me know your thoughts, and if you agree (or not) with those predictions.

Sort:  

You got a 0.72% upvote from @postpromoter courtesy of @aotearoa! Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

Nice one thank you for the post bro!!

Yw bro... let`s make some money then, shall we?

Thank you @aotearoa for making a transfer to me for an upvote of 1.23% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?

Coin Marketplace

STEEM 0.22
TRX 0.20
JST 0.034
BTC 98713.95
ETH 3352.77
USDT 1.00
SBD 3.07