ETHUSD Bullish Momentum: Follows BTC Above All EMAs, Buy Dips Near $1750 Targeting $2300 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
FxWirePro- Major Crypto levels and bias summary 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
ETHUSD trades below $2300 following the footsteps of BTC. It touched an intraday low of $2232 and is currently trading at approximately $2253.
|
Technicals |
CMP -$2253 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2306 |
CMP<55 EMA |
Bearish |
|
200- EMA |
$2289 |
CMP <200- EMA |
Bearish |
|
365- EMA |
$2274.90 |
CMP <365 EMA |
Bearish |
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) |
Bearish |
-135.90 |
|
ADX |
Neutral |
Strength increased from 24.59 to 29.51 |
It is good to buy on dips around $2200 with SL around $2000 for a TP of $2770.
