ETH/USD and ETH/BTC Technical Analysis November 6 2017

ETH/USDEthereum rallied quite a bit during the day on Friday, breaking above the $292 level that I had pointed out yesterday. We touched the $300 level, and if we can break above there, the market should then go to the $312 handle, which extends to the $316 level. A break above the $316 level is a longer-term “buy-and-hold” situation, and between now and then it looks likely that short-term pullbacks will be buying opportunities.
ETH/BTCEthereum rallied a bit against Bitcoin, as we