| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

Prysm Falters in Fusaka Upgrade: Bug Triggers Resource Meltdown but Finality Holds

EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15

FxWirePro: GBP/USD steadies ahead key data, BoE event risk

FxWirePro: USD/CAD pauses decline,critical support lies ahead

FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop

Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model

FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects

FxWirePro- Key Crypto Updates

FxWirepro- Token Unlock Tomorrow(CHEEL)

MEXC Bolsters Trust with Over 100% Reserves in December PoR Report

FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk

CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?

FxWirePro- Key Crypto Updates

FxWirePro- Major Crypto levels and bias summary

FxWirePro: EUR/AUD trends higher, but faces potential pitfalls

FxWirePro- Major Pair levels and bias summary

Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance

©Econometrics LLC . All Rights Reserved.

Crypto Technicals: ETH/USD slips below 5-DMA, 'Death Cross' to plummet prices

Thursday, September 5, 2019 10:57 AM UTC

ETH/USD chart - Trading View

Exchange - Coinbase

Support: 155.85 (Trendline); Resistance: 175.23 (5-DMA)

Technical Analysis: Bias Bearish

ETH/USD trades 1.51% lower on the day at 172.12 at 10:50 GMT, bias is bearish.

The pair is extending weakness after rejection at 21-EMA, slips below 5-DMA support.

Technical indicator on the intraday charts are bearishly aligned. RSI well below 50 which supports downtrend.

Volatility is rising and a potential 'Death Cross' (bearish 50-DMA crossover on 200-DMA) adds downside pressure.

Next bear target lies at 155.85 (trendline support) ahead of Apr 25th low at 146.

5-DMA is immediate resistance at 175.23. Breakout above 21-EMA (183.95) will negate near-term bearish bias.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

FxWirePro- Major Crypto levels and bias summary

ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?

MEXC Bolsters Trust with Over 100% Reserves in December PoR Report

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments

Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push

FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

FxWirePro: EUR/AUD trends higher, but faces potential pitfalls

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Crypto Technicals: ETH/USD slips below 5-DMA, 'Death Cross' to plummet prices

Editor's Picks

Welcome to EconoTimes