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Ethereum struggling to break above $2200 as markets doubts US-Iran talks. After hitting a high at $2198 this week, it’s currently hovering near $2185.
|
Technicals |
CMP -$2185 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2139 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$2130 |
CMP > 200- EMA |
Bullish |
|
365- EMA |
$2255 |
CMP <365 EMA |
Bearish |
Major support- $1700/$1500. Minor bullishness only above $2200. Any violation above targets $2386/$2500/$2700/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Neutral |
-4 |
|
ADX |
Neutral |
|
It is good to buy on dips around $2150 with SL around $2000 for a TP of $2770.
