FxWirePro- Major Crypto levels and bias summary 
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FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Demand for safe-haven assets rose as Middle East tensions subsided, pushing Ethereum above the $2200 level. Following yesterday's high of $2272, it is currently drifting at about $2249.
|
Technicals |
CMP -$2249 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2100 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$2101 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2189 |
CMP >365 EMA |
Bearish |
Major support- $1700/$1500. Minor bullishness only above $2386. Any violation above targets $2500/$2700/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
264 |
|
ADX |
Bullish |
Strength increased from 19 to 25.20 |
It is good to buy on dips around $2200 with SL around $2000 for a TP of $2770.
