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ETH/USD chart - Trading View
Exchange - Coinbase
Support: 176.11 (200H SMA); Resistance: 185.92 (21-EMA)
Technical Analysis: Bias Neutral
ETH/USD has retraced brief dip below 200H SMA and was trading at 176.59 at 10:25 GMT.
The pair is holding break above 5-DMA and slight turn in 5-DMA seen. Stochs are showing a rollover from oversold levels.
Major trend is bearish, but 'Bullish Divergence' on Stochastics keeps scope for upside in the pair.
21-EMA is immediate resistance at 185.92, break above will see test of 200-DMA at 201.88.
Decisive break below 200H SMA (176.11) will plummet prices. Scope then for dip till trendline support at 156.85.
