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ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond

ETHUSD gained above $1900 following the footsteps of  BTC. It reached intraday high of $1952 and is currently trading around $1927.

Technicals

CMP -$1927

Trend

1- Hour chart

Value

 

 

55 EMA

$1852

CMP>55 EMA

Bullish

200- EMA

$1794

CMP >200- EMA

Bullish

365- EMA

$1838

CMP >365 EMA

Bullish

800-EMA

$2027

CMP>800 EMA

Bullish

 Major support- $1500/$1200/$1000. Minor bullishness only above $2030. Any violation above targets $2300/$2500/$2770/$2880/$3000.

 

Momentum indicator (4-hour chart)

Inference

Value

CCI(50)

Bullish

144.25

ADX

Neutral

Strength increased from 15.78 to 20.59

 It is good to buy on dips around 1750 with SL around $1300 for a TP of $1900/$2300.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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