ETH/USD chart - Trading View
Exchange - Coinbase
Technical Analysis: Bias Bullish
GMMA Indicator: Major Trend - Bullish; Minor Trend - Bullish
Overbought/ Oversold Index: Highly Overbought
Volatility: High and Rising
Support: 195.11 (5-DMA); Resistance: 211.08 (38.2% Fib)
ETH/USD is extending previous session's gains, bias is strongly bullish. Long-term uptrend in the forming.
The pair was trading 0.98% higher on the day at 206 at around 06:30 GMT, after closing 8.37% higher in the previous session.
Momentum studies are bullish, Stochs and RSI are biased higher. MACD and ADX supports gains.
Volatility is rising as evidenced by rising Bollinger bands. Price action is above major moving averages.
Major trend in the pair has turned bullish. 200-DMA breakout adds support to the uptrend.
Price action has broken 55W EMA resistance at 197.74. Gains till 61.8% Fib at 269.66 likely.
Next major hurdle lies at at 38.2% Fib at 211.08 ahead of weekly cloud at 222.55.
Overbought oscillators may result in minor correction. Retrace below 200-DMA may dent near-term uptrend.


BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
FxWirePro- Major Crypto levels and bias summary
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro- Major Crypto levels and bias summary
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 



