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.


FxWirePro- Major Crypto levels and bias summary
GBP/JPY Breakdown: Bears Target 207.60 as Major Moving Averages Cap Recovery Attempts
FxWirePro: USD/ZAR recovers slightly but bears are not done yet
FxWirePro: EUR/AUD hits 1-year, scope for further downside
Ethereum Follows Bitcoin’s Lead: ETH Blasts Above $2050, Hits $2077 High – Buy Dips to $2000 for $2500 Rocket?
FxWirePro- Major Crypto levels and bias summary
USDCHF Explodes Higher: Breaks to 0.78135 High – Bulls Eye 0.8000 Breakout
FxWirePro: USD/JPY edges lower but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains momentum, trend remains bullish
FxWirePro- Major European Indices 



