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FxWirePro- Woodies pivot (Major) 
ETHUSD lost some of its gains as a result of the escalating conflict in the Middle East. It reaches a high of $2466 and is now trading at about $2339.
|
Technicals |
CMP -$2339 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2325 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$2226 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2235 |
CMP >365 EMA |
Bullish |
Major support- $1700/$1500. Minor bullishness only above $2500. Any violation above targets $2770/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Neutral |
2.21 |
|
ADX |
Neutral |
|
It is good to buy on dips around $2300 with SL around $2200 for a TP of $2770.
