Following the lead of BTC, ETHUSD trades under $2100. It reached a high of $2139 yesterday and is currently trading around $2095.
|
Technicals |
CMP -$2095 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2129 |
CMP<55 EMA |
Bearish |
|
200- EMA |
$2209 |
CMP <200- EMA |
Bearish |
|
365- EMA |
$2230 |
CMP <365 EMA |
Bearish |
Major support- $2000/$1700/$1500. Minor bullishness only above $2500. Any violation above targets $2770/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-55.77 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 2128-30, with an SL around $2210, for a TP of $1900.


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