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ETHUSD Follows Bitcoin Lower – Bearish EMAs Dominate, Sell the Bounce

Wednesday, February 18, 2026 12:32 PM UTC

Following Bitcoin's trend, ETHUSD fell below $2000 again. Yesterday's high was $2038, and it is now trading near $1983.

Technicals	CMP -$1983	Trend
4- Hour chart	Value
55 EMA	$2030	CMP < 55 EMA	Bearish
200- EMA	$2383	CMP < 200- EMA	Bearish
365- EMA	$2641	CMP < 365 EMA	Bearish

Major support- $1700/$1500. Minor bullishness only above $2200. Any violation above targets $2300/$2380.

Momentum indicator (1-hour chart)	Inference	Value
CCI(50)	Bearish	-38.46
ADX	Neutral	Strength - 14.45. Declined from 17.39

It is good to sell on rallies around $2068-70 with SL around $2200 for a TP of $1750/$1500.

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ETHUSD Follows Bitcoin Lower – Bearish EMAs Dominate, Sell the Bounce

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