Ethereum has traded in a narrow range between $2199 and $1937 for the past five days. After hitting a peak around $2199, it’s currently hovering near $2029.
|
Technicals |
CMP -$2029 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2065 |
CMP < 55 EMA |
Bearish |
|
200- EMA |
$2105 |
CMP < 200- EMA |
Bearish |
|
365- EMA |
$2217 |
CMP < 365 EMA |
Bearish |
Major support- $1700/$1500. Minor bullishness only above $2200. Any violation above targets $2386/$2500/$2700/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-18.72 |
|
ADX |
Neutral |
|
It is good to buy on dips around $2000 with SL around $1700 for a TP of $2770.


FxWirePro- Major Pair levels and bias summary
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro- Woodies Pivot (Major)
FxWirePro- Major Crypto levels and bias summary 



