ETH/USD chart - Trading View
Exchange - Coinbase
Technical Analysis: Bias Bullish
GMMA Indicator: Major Trend - Neutral; Minor Trend - Bullish
Overbought/ Oversold Index: Overbought
Volatility: High
Support: 158.28 (110-EMA); Resistance: 174.83 (23.6% Fib)
ETH/USD was trading 3.87% lower on the day at 159.82 at around 04:25 GMT, slightly higher from session lows at 158.17.
The pair is on track for a potential 'Shooting Star' formation on the daily charts, after closing with a Doji formation in the previous session.
That said, technical studies do not support weakness for now, though, overbought oscillators could cause minor pullbacks.
The pair finds series of strong support till 155 level - 110-EMA at 158.28, 5-DMA at 156.49 and cloud top at 155.43.
Breach below cloud top support could see drag till 200H MA at 146.68. Violation there could change near-term dynamics.
On the other side, 23.6% Fib is immediate resistance at 174.83. Break above 200-DMA (183.53) confirms bullish continuation.


Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Crypto levels and bias summary
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Woodies pivot (Major)
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 



