ETH/USD chart - Trading View
Exchange - Coinbase
Support: 239.64 (236% Fib); Resistance: 255.55 (20-DMA)
Technical Analysis: Bias Neutral to Slightly Bearish
ETH/USD grinds sideways at 1H 55-EMA resistance, downside supported at 1H 50-SMA.
RSI and Stochs are flat-lined on the hourly charts, intraday bias is neutral.
Price action has bounced off lower BB and is hovering around 21-EMA.
Technical analysis supports downside. Doji formation on previous weeks' candle limits upside.
Bearish 5-DMA crossover on 20-DMA, 'Bearish Divergence' on RSI and stochs keeps bias lower.
Volatility is shrinking on the daily charts, scope for further consolidation.
Break below 23.6% Fib eyes 55-EMA at 215.45. Retrace above 20-DMA could see further gains.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



