Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

ETH Follows BTC Higher: $2056 and Climbing – Bulls Locked In Above $2000

ETHUSD trades above $2000 following the footsteps of Bitcoin. It is now trading close to $2055 after hitting a high of $2148 yesterday.

 

Technicals

CMP -$2056

Trend

1- Hour chart

Value

 

 

55 EMA

$1981

CMP > 55 EMA

Bullish

200- EMA

$1956

CMP > 200- EMA

Bullish

365- EMA

$2005

CMP >365 EMA

Bulllish

 

Major support- $1700/$1500. Minor bullishness only above $2050. Any violation above targets $2300/$2380/$2500.

 

Momentum indicator (1-hour chart)

Inference

Value

CCI(50)

Bullish

87

ADX

Neutral

 

 

It is good to buy on dips around $2000 with SL around $1800 for a TP of $2380/$2500.

 

 

 

 

 

 

 

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.