Following the lead of BTC, ETHUSD decreased in value. Following last week's high of $2330, it is currently drifting at about $2181.
|
Technicals |
CMP -$2181 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2178 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$2132 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2193 |
CMP <365 EMA |
Bearish |
Major support- $1700/$1500. Minor bullishness only above $2386. Any violation above targets $2500/$2700/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
7.48 |
|
ADX |
Neutral |
|
It is good to buy on dips around $2150 with SL around $2000 for a TP of $2770.
