ETHUSD breaks significant resistance $2386 (Mar 16th high) following the footsteps of BTC. It hits an intraday high of $2397, it is currently drifting at about $2374.
|
Technicals |
CMP -$2374 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2208 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$2143 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2198 |
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 |
232.99 |
|
ADX |
Bullish |
Strength increased from 29.66 to 35.74 |
It is good to buy on dips around $2300, with an SL around $2150, for a TP of $2770.
