ETH/USD chart - Trading View
Exchange - Coinbase
Support: 198.51 (55-EMA); Resistance: 228.58 (110W EMA)
Technical Analysis: Bias turning bearish near-term
ETH/USD trades 1.84% lower on the day at 206.40 at 06:00 GMT, bias is turning slightly bearish.
Weakness in Bitcoin prices weighs on the overall crypto space. Sentiment bearish.
Oscillators are showing a rollover from overbought levels, close below 200-DMA will see further weakness.
Also, 'Shooting Star' pattern formed on the previous day's candle raises chance for more correction.
The pair has edged higher from session lows at 200.98, hovers around 200-DMA at 205.75.
Below 200-DMA, 55-EMA is next strong support at 198.51. Break below 55-EMA will see dip till 21-EMA (190.05).


CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD moves lower on weak UK data 



