ETHUSD trades below $2300 following the footsteps of BTC. It touched an intraday low of $2277 and is currently trading at approximately $2285.
|
Technicals |
CMP -$2415 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2329 |
CMP<55 EMA |
Bearish |
|
200- EMA |
$2278 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2264 |
CMP >365 EMA |
Bullish |
Major support- $2200/$1700/$1500. Minor bullishness only above $2500. Any violation above targets $2770/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
109.48 |
|
ADX |
Bullish |
Strength increased from 25.20 to 30.48 |
It is good to buy on dips around $2300 with SL around $2200 for a TP of $2770.
