Crypto Screener Forums Ethereum (ETH) Forecast – Technical Analysis Ethereum (ETH) Technical Analysis – March 2018 Reply To: Ethereum (ETH) Technical Analysis – March 2018

#17162
margincall
margincall
Keymaster

Morning guys and gals, lets take a look at what the Ethereum market has been up too.

ETH/BTC ETHBTC forecast 29 March 2018

Eth has been as volatile as ever and has lost 50% against Btc since late January.

The chart looks a very strong bearish trend, indicators are showing overbought conditions, so I would expect more blood for Ethereum in the near future.

Resistance is solid at 0.06 btc and the support at 0.05 – 0.055 is being tested as I write this report.

I do believe there is a lot of upside to the crypto markets at the moment, however timing for a good entry is critical.

I will wait for ETH to show strength against BTC before considering a new long position.