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ETH/USD chart - Trading View
Exchange - Coinbase
Support: 167 (5-DMA); Resistance: 195 (trendline)
Technical Analysis: Bias Bullish
- Major trend consolidates above 200-DMA, bullish invalidation on retrace below
- Cloud offers strong support, pair has bounced off cloud top
- Momentum bullish, Stochs and RSI are sharply higher
- MACD is showing a bullish crossover on signal line, +ve DMI is rising
- Scope for gains upto 195 (trendline resistance). Retrace below 5-DMA will see dip till 55-EMA at 156
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
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Crypto Technicals: ETH/USD hits 4-week highs above 180, scope for test of 195 on continued bullish momentum
Tuesday, May 7, 2019 3:31 AM UTC
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