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Crypto Technicals: ETH/USD recovery attempts capped below 5-DMA, bias slightly bearish

ETH/USD chart - Trading View 

Exchange - Bitfinex

Support: 153.75 (50-DMA); Resistance: 169.03 (5-DMA)

Technical Analysis: Bias Neutral to slightly Bearish

- ETH/USD slips below 21-EMA, bias is turning slightly bearish

- Recovery capped below 5-DMA and 1H 21-EMA

- Retrace till 192 levels likely, break below to see further weakness

- RSI has turned and Stochs are biased lower

- However, 'Golden Cross' formation keeps scope for upside

- Break below 200-DMA will negate any bullishness

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
 

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May 17 14:00 UTC Released

USU Mich 1Yr Inf Prelim

Actual

2.8 %

Forecast

Previous

2.5 %

May 17 14:00 UTC Released

USYr Inf Prelim

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2.6 %

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2.3 %

January 31 00:00 UTC 681881681881m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 681881681881m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 693701693701m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 681881681881m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 693701693701m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 681881681881m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 681881681881m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 681881681881m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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