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Crypto Technicals: ETH/USD comatose at 200-DMA resistance, breakout required for further gains

ETH/USD chart - Trading View 

Exchange - Coinbase

Support: 189.78 (5-DMA); Resistance: 196.70 (200-DMA)

Technical Analysis: Intraday Bias Neutral, Major Trend Bearish

ETH/USD is trading extremely rangebound below 200-DMA which is offering stiff resistance.

The pair is consolidating previous session's gains. Price action is holding break above 5-DMA (189.78).

Major trend is bearish as indicated by GMMA and no major signs of reversal seen. 

Breakout at 200-DMA could take the pair higher to test 21-EMA at 206.88. Breakout above 55-EMA could see meaningful upside.

Rejection at 200-DMA will see resumption of downside. Scope for test of trendline support at 167.25. Violation there to see 146 levels.
 

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July 2 15:00 UTC Released

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449.6 Stale

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451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

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50 %

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48.6 %

January 31 00:00 UTC 853563853563m

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January 22 19:00 UTC 865383865383m

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-1541 %

January 31 00:00 UTC 853563853563m

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2016 bln ARS

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January 22 19:00 UTC 865383865383m

ARTrade Balance

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Previous

-1541 %

January 31 00:00 UTC 853563853563m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 853563853563m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 853563853563m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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