ETH/USD chart - Trading View
Exchange - Coinbase
Support: 187.06 (5-DMA); Resistance: 197.31 (55-EMA)
Technical Analysis: Bias Bullish
ETH/USD extends 21-EMA breakout, intraday bias is bullish.
The pair was trading 2.65% higher on the day at 194.32 at 05:00 GMT.
Upside has paused shy of 55-EMA resistance at 197.31, break above will see further gains.
Technical studies support further gains. Stochs and RSI are sharply higher. MACD and ADX support upside.
'Bullish Divergence' on RSI and Stochs adds to the bullish bias. The pair has broken above 4H 200 SMA for the first time since July.
197.30 - 198.20 is stiff resistance zone, breakout will find next major resistance at 200-DMA at 204.60.
5-DMA is immediate support at 187.06. Break below 21-EMA (183.90) negates near-term bearishness.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



