Following a significant surge yesterday, ETHUSD is consolidating in a small range. It is presently ranging around $2314 following yesterday's high of $2417.
|
Technicals |
CMP -$2314.38 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2228 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$2152 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2201 |
CMP >365 EMA |
Bullish |
Major support- $1700/$1500. Minor bullishness only above $2400. Any violation above targets $2500/$2700/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
111.74 |
|
ADX |
Neutral |
|
It is good to buy on dips around $2280 with SL around $2150 for a TP of $2770.


FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro- Major Crypto levels and bias summary
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target 



