ETH/USD and ETH/BTC Technical Analysis November 7 2017

ETH/USDEthereum continues to chop around in a large consolidation area, with minor support at $290, and even more important support at $272 underneath. Ultimately, I believe that breaking above the $316 level is what the market will eventually do, and once we get above that level, the market should continue to go towards the $350 level above as it is so important on the longer-term chart. However, it looks as if we are going to pull back in the short term, perhaps giving us an opportunity to bu