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 Crypto levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900
FxWirePro- Major Crypto levels and bias summary
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/CNY bears maintain upper hand
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary 



