ETH/USD chart - Trading View
Exchange - Coinbase
Support: 154.55 (Trendline); Resistance: 176.25 (Cloud base)
Technical Analysis: Bias bearish
ETH/USD extends weakness for the 4th straight session, scope for further downside.
The pair has ended the consolidation phase, bias has turned bearish after failure to break 21W EMA resistance.
Price action has dropped below daily cloud and upside is capped at 5-DMA at 176.69.
The pair was trading 1.56% lower at 171.63 at 09:15 GMT after closing 0.79% lower in the previous session.
Technical studies are strongly bearish, Stochs and RSI are biased lower and RSI has fallen below 50 mark.
Major and near-term trend have shifted to bearish as shown by the GMMA indicator. MACD and ADX also support weakness.
Dip till next major support at 154.55 (Trendline) likely. Immediate resistance lies at 5-DMA at 176.25. Break above 110-EMA (189.69) will negate near-term bearish bias.


FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Major Crypto levels and bias summary 



