Market Analysis of ETHUSDT on Friday 15 NOVEMBER 2024

2024-11-15 19:05Source:BtcDana

ETHUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


 ETHUSDT running in negative trend and its immediate strong resistance are 3126 to 3187 level .  Stop loss is 3235 level and it can fall below 3015 level because expectation for irregular correction at that level   .Intraday purpose selling is better for targets 3090, 3080 and 3065 levels respectively with stop loss 3235 level.


QUICK FUNDAMENTAL LOOK                                                                    


The crypto market will witness $3.98 billion in Bitcoin  and Ethereum  options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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