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