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ETHUSD trades above $2350 following the footsteps of BTC. It touched an intraday high of $2399 and is currently trading at approximately $2341.
|
Technicals |
CMP -$2341 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2310 |
CMP<55 EMA |
Bearish |
|
200- EMA |
$2266 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2257 |
CMP >365 EMA |
Bullish |
Major support- $1700/$1500. Minor bullishness only above $2500. Any violation above targets $2770/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
88 |
|
ADX |
Bullish |
|
It is good to buy on dips around $2300 with SL around $2200 for a TP of $2770.
