ETHUSD has been consolidating in a narrow range between $2417 and $2308 for the past two days. Following a recent high of $2417, it is currently drifting at about $2332.56
|
Technicals |
CMP $2332.56 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2252 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$2164 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2206 |
CMP >365 EMA |
Bullish |
Major support- $1700/$1500. Minor bullishness only above $2420. Any violation above targets $2500/$2700/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
103.29 |
|
ADX |
Neutral |
|
It is good to buy on dips around $2280 with SL around $2150 for a TP of $2770.
