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ETH/USD chart - Trading View
Exchange - Bitfinex
Support: 0.3040 (trendline); Resistance: 0.3238 (100-DMA)
Technical Analysis: Bias Slightly Bullish
- ETH/USD holds 21-EMA support, trades 1.40% higher at 173.40 at 1215 GMT
- The pair is trading with a slightly bullish bias, scope for test of 179 (Upper BB)
- Stochs and RSI are biased higher, price action above cloud and major moving averages
- Golden Cross (Bullish 50-DMA crossover on 200-DMA) keeps scope for upside
- Weakness likely on break below 21-EMA. Dip till 50-DMA at 160 likely
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
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Crypto Technicals: ETH/USD holds 21-EMA support (167), weakness only on break below
Monday, May 6, 2019 1:28 PM UTC
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