ETH/USD chart - Trading View
Exchange - Coinbase
Technical Analysis: Bias Bullish
GMMA Indicator: Major Trend - Turning slightly bullish; Minor Trend - Bullish
Overbought/ Oversold Index: Overbought
Volatility: High
Support: 158.53 (110-EMA); Resistance: 174.83 (23.6% Fib)
ETH/USD has likely resumed upside after a brief pause on Thursday's trade, bias remains bullish.
The pair was trading 2.79% higher on the day at 168.43 at around 05:45 GMT, after closing 1.42% lower in the previous session.
'Hammer' formation in the previous session shows buying pressure at lows. The pair trimmed losses from lows of 158.17 to close at 163.93.
Technical studies are biased higher. However, overbought oscillators could cause minor pullbacks.
The pair finds immediate support at 5-DMA (161.62) which is biased higher. Break below could see minor weakness.
Breach below cloud top support (155.43) could see drag till 200H MA at 149.25. 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.


BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major) 



