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ETHUSD is consolidating in a narrow range between $1937 and $2272 for the past one week. Following yesterday's high of $2245, it is currently drifting at about $2203.
|
Technicals |
CMP -$2203 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$2135 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$2112 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$2190 |
CMP >365 EMA |
Bullish |
Major support- $1700/$1500. Minor bullishness only above $2386. Any violation above targets $2500/$2700/$2880/$3000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
76.90 |
|
ADX |
Neutral |
|
It is good to buy on dips around $2150 with SL around $2000 for a TP of $2770.
