ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target 
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ETHUSD surged past $4300 following the footsteps of BTC. It hits an intraday high of $4316 and is currently trading around $4297.
Oscillators and moving averages to forecast the trend of ETHUSD
CMP- $4298
EMA (4-hour chart)
55-EMA- $4156
200-EMA- $4267
365-EMA- $4139. The pair trades above the short and long-term moving averages.
Prevoius week low- $3825 (Sep 25th low). Any breach below $3800 will drag the pair down to $3500/$3000.
Previous week high- $4458 (Sep 22nd high). Any break above $4500 confirms minor bullishness, a jump to $4646/$4770/$5000.
Indicators (4-hour chart)
CCI(50)- Bullish
ADX- above 20 showing bullish bias
5. Investment Strategy for ETHUSD
It is good to buy on dips around $980 with a stop loss around $930 for target profits of $1100.
