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ETHUSD trades above $2000 following the footsteps of Bitcoin. It is now trading close to $2055 after hitting a high of $2148 yesterday.
|
Technicals |
CMP -$2056 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
$1981 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$1956 |
CMP > 200- EMA |
Bullish |
|
365- EMA |
$2005 |
CMP >365 EMA |
Bulllish |
Major support- $1700/$1500. Minor bullishness only above $2050. Any violation above targets $2300/$2380/$2500.
|
Momentum indicator (1-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
87 |
|
ADX |
Neutral |
|
It is good to buy on dips around $2000 with SL around $1800 for a TP of $2380/$2500.
