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ETH/USD chart - Trading View
Exchange - Coinbase
Support: 170.31 (5-DMA); Resistance: 180 (Trendline)
Technical Analysis: Bias Bullish
- ETH/USD extends gains, poised for test of 195 mark
- The pair has found strong support at daily cloud and weakness only on break below
- Momentum bullish, Stochs and RSI are sharply higher, MACD is showing a bullish crossover on signal line
- GMMA indicators shows both near and long term averages are in concurrence and biased higher
- Pair could find some resistance at Upper Bollinger Band at 177 mark. Break above 180 (trendline) sees little resistance till 195
- 5-DMA is immediate support at 170.31. Break below could see dip till 50-DMA at 159.57. Bullish invalidation below cloud (155)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
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Crypto Technicals: ETH/USD holds cloud support, poised for test of 195 mark
Friday, May 10, 2019 7:21 AM UTC
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