ETH/USD chart - Trading View
Exchange - Coinbase
Support: 128.48 (200H MA); Resistance: 132.64 (21-EMA)
Technical Analysis: Bias Bearish
ETH/USD was trading 0.96% lower on the day at 128.94 at 05:15 GMT after closing 1.28% higher in the previous session.
The pair has failed to hold break above 21-EMA which offers stiff resistance at 132.64.
Major trend in the pair is bearish and failure at 21-EMA has dented scope for further recovery.
Technical indicators support weakness. RSI below 50 and Stochs are biased lower lower. Stochastics RSI is on verge of rollover from overbought levels.
Price action hovers around 200H MA (128.48). Decisive break below will see resumption of weakness.
Next major support lies at lower BB at 120.13. Break below eyes 88.6% Fib at 112.96. Immediate resistance is seen at 21-EMA at 132.64. Break above could see near term upside.


FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 



