BTCUSD holds above $90000 after a massive sell-off from a temporary top $126272. It hits an intraday high of $91816 and is currently trading around $91562.
Oscillators and moving averages to forecast the trend of ETHUSD
CMP- $91557
EMA (15-min chart)
55-EMA- $91313
200-EMA- $90419
365-EMA- $89533. The pair trades above short and below long term moving average.
Major Support - $90400. Any breach below $ 2,960 will drag the pair down to $ 90,000/$89,500/$89,000/$87,480/$85,225.
Major Resistance - $92000. Any break above $92000 confirms minor bullishness, with a potential jump to $ 94300, $97400, $98500, or $10000.
Indicators (15-min chart)
CCI(50)- Bullish
ADX- Bullish
5. Investment Strategy for ETHUSD
It is good to buy on dips around $90600-650 with a stop loss around $86000 for target profits of $100000.
