Technical Analysis of Etherium (ETHBTC)
1)Etherium is taking support at the 50% Fib. Retracement as well as on the short term uptrend line.
2)It will again try to break the 38.2% Fib Retracement level which will act as immediate ressistance and once it doesn , the next resistance is at 0.094096 BTC.
3)Once it crooses 0.094096, the next major resistance will be 0.123277 btc.
4)On the downside, if the minor uptrend line breaks,it may test 0.066103 btc level then the next support will be 0.054139 btc level.
2)It will again try to break the 38.2% Fib Retracement level which will act as immediate ressistance and once it doesn , the next resistance is at 0.094096 BTC.
3)Once it crooses 0.094096, the next major resistance will be 0.123277 btc.
4)On the downside, if the minor uptrend line breaks,it may test 0.066103 btc level then the next support will be 0.054139 btc level.
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