Market Analysis of ETHUSDT on Tuesday 5 September 2023

2023-09-05 12:34Fonte:BtcDana

ETHUSDT TECHNICAL ANALYSIS SHORT TERM VIEW      

Ethusdt has strong resistance 1664 to 1734 levels and it can fall towards 1550 levels minimum without touch 1790 level  .It has made abc pattern from downside and immediate resistance area is 1636 to 1657 and stop loss is 1675 and 1603 is immediate target for intraday purpose.

 QUICK FUNDAMENTAL LOOK                                                                     

Less than a week after Vitalik Buterin, one of the co-founders of Ethereum, sold his Maker (MKR) stash for ETH, one crypto whale has done the opposite. On-chain data on September 4 shows that one Ethereum holder sold 694 ETH, worth roughly $1.13 million when writing, for 1,010 MKR.

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

Mais