ETHUSD trades in a narrow range amid poor institutional demand. It hit a high of $3241 and is currently trading $3145.
Oscillators and moving averages to forecast the trend of ETHUSD
CMP- $3145
EMA (4-hour chart)
55-EMA- $3040
200-EMA- $3180
365-EMA- $3400. The pair trades above short and below the long-term moving average.
Major Support - $2960. Any breach below $2960 will drag the pair down to $2900/$2600/$2500/$2300/$2000.
Major Resistance - $3320. Any break above $3100 confirms minor bullishness, a jump to $3458/$3565/$3700/$4000.
Indicators (1-hour chart)
CCI(50)- Bullish
ADX- Bullish
5. Investment Strategy for ETHUSD
It is good to buy on dips around $2958-60 with a stop loss around $2700 for target profits of $3540/$3600.


FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro: GBP/USD hits one-month high, scope for further upside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
FxWirePro- Major Crypto levels and bias summary 



