ETHUSD trades higher following the footsteps of BTC. It touched an intraday high of $2389 and is currently trading at approximately $2382.
|
Technicals |
CMP -$2382 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2319 |
CMP>55 EMA |
Bullish |
|
200- EMA |
$2271 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2257 |
CMP >365 EMA |
Bullish |
Major support- $1700/$1500. Minor bullishness only above $2500. Any violation above targets $2770/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
171 |
|
ADX |
Bullish |
Strength increased |
It is good to buy on dips around $2300 with SL around $2200 for a TP of $2770.
