FxWirePro- Woodies Pivot(Major) 
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Following Bitcoin's example, ETHUSD cut back some of its increases. The pair trades near $2000.24 after reaching an intraday high of $2002.35.
|
Technicals |
CMP -$1996 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
$1980 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$1968.94 |
CMP > 200- EMA |
Bullish |
|
365- EMA |
$1989 |
CMP >365 EMA |
Bulllish |
Major support- $1700/$1500. Minor bullishness only above $2150. Any violation above targets $2300/$2380/$2500.
|
Momentum indicator (1-hour chart) |
Inference |
Value |
|
CCI(50) |
Neutral |
|
|
ADX |
Neutral |
|
It is good to buy on dips around $1968-70 with SL around $1800 for a TP of $2380/$2500.
