Menu

Search

  |   Digital Currency
Become a contributor

Menu

  |   Digital Currency

Search

Ads by AdKrypto

FxWirePro: Singapore dollar trades marginally lower in early Asia ahead of CPI, core CPI data

Bitcoin price slides through descending triangle with bearish RSI and stochastic divergence as fiasco

Cryptocurrency Brief: Bitcoin suffers after Google removes 3 crypto wallets from Play Store, altcoins follow suit – Friday, September 14th, 2018

Cryptocurrency Brief: Crypto prices remain range-bound, Binance to launch crypto-fiat trading platform in Singapore, Gemini announces Litecoin support from October 13 – Monday, September 17th, 2018

Steller’s stellar upsurge on hammer formations, gravestone doji creates traction for bulls - XLM/USD buying setup

Why Are ICOs Dying?

BTC/EUR upswings restrained below 7SMAs on bearish engulfing pattern, more slumps likely on bearish crossovers as ECB declines EU-backed crypto

Cryptocurrency Brief: Bitcoin and altcoins suffer massive sell-off, Gemini exchange to expand UK operations, UNICEF France to accept crypto donations – Monday, September 24th, 2018

FxWirePro: GBP/JPY forms bearish engulfing pattern, good to sell on rallies

Cryptocurrency Brief: Ripple climbs to 3-week high as buying sentiments pour in, Europol warns against crypto-related risks – Thursday, September 20th, 2018

FxWirePro: South African rand rises sharply against U.S. dollar, stay bearish

FxWirePro: GBP/JPY Trade Idea

FxWirePro: Does EUR/JPY inverted head and shoulder have more potential? Bulls shrug-off bearish patterns - Trade one touch calls and uphold short hedge

FxWirePro: Buy USD/CAD on dips

BTC/USD surges above 6.5k mark as US SEC seeks clarification from VanEck on Bitcoin ETFs

FxWirePro: BTC/EUR bulls struggle to gain traction, break above 21-EMA could see minor upside

A look at Nebulas: An innovative project building Google for the blockchain

EconoTimes

Digital Currency Revolution

FxWirePro: ETH/USD upside capped by 10-DMA, bias lower

Tuesday, August 21, 2018 11:12 AM UTC
0
comments

(Refer ETH/USD chart on Trading View)

ETH/USD dropped to 268 levels on Monday as it failed to hold above 300.

It is currently trading at 282 levels at the time of writing (Coinbase).

On the upside, immediate resistance is seen at 291 (10-DMA) and a consistent break above would target 300/334 (21-EMA)/365 (3h 200-SMA)/400.

On the flipside, support is seen at 265 (78.6% retracement of 250 and 322) and any violation would drag it to 250 (August 14 low)/ 230/200.

Bias remains bearish on the daily chart with RSI and stochs near oversold levels. The pair has found support near 78.6% fib and a break below will see it re-testing 250 levels.

Call update: We recommended going short in our previous call. TP1 has been hit.

Recommendation: Bias lower, stay short. SL: 340. TP: 250.

Ads by AdKrypto

Editor's Picks

Capital gains and why they matter – a tax expert explains

Apple, the $1 trillion company searching for its soul

Anxiety: stop censoring yourself and learn to lose

How the internet is changing the way we grieve

More Republicans in the news? That's not media bias

Scrupulous regulation continues to play vital role in Bitcoin price catalyst
Ads by AdKrypto
  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

2018-09-25 00:43:47
0m
BENCHMARK 10-YEAR JGB FUTURES DOWN 0.01 POINT IN EARLY TRADE
2018-09-25 00:43:12
0m
AUSTRALIA'S S&P/ASX 200 INDEX DOWN 0.14 PCT AT 6,178.30 POINTS IN EARLY TRADE
2018-09-25 00:42:29
0m
TOKYO'S NIKKEI SHARE AVERAGE OPENS UP 0.05 PCT AT 23,881.85
2018-09-24 21:23:27
0m
U.S. STATE DEPARTMENT APPROVES POSSIBLE SALE TO TAIWAN OF AIRCRAFT PARTS AND OTHER MILITARY EQUIPMENT WORTH $330 MILLION -PENTAGON
2018-09-24 21:01:26
0m
BRAZIL’S CENTRAL BANK SAYS AUCTION TO ROLL OVER EXISTING CONTRACTS
2018-09-24 21:01:20
0m
BRAZIL CENTRAL BANK TO AUCTION ON TUESDAY AS MANY AS 10.9 K TRADITIONAL CURRENCY SWAPS
2018-09-24 20:32:25
0m
TRUMP SAYS WE HOPE KAVANAUGH WILL BE CONFIRMED QUICKLY
2018-09-24 20:24:10
0m
TRUMP SAYS US AND SOUTH KOREA HAVE SET AN EXAMPLE OF COOPERATION ON TRADE
2018-09-24 20:24:01
0m
TRUMP SAYS WE’RE WORKING WELL ON NORTH KOREA
2018-09-24 20:23:48
0m
TRUMP SAYS HE IS PLEASED TO FORMALLY ANNOUNCE SUCCESSFUL COMPLETION OF US-SOUTH KOREA TRADE DEAL
2018-09-24 20:00:59
0m
BRAZIL'S BOVESPA CLOSED AT 78,169.93, DOWN -1.60%
2018-09-24 20:00:24
0m
CANADA'S S&P/TSX COMPOSITE CLOSED AT 16,172.38, DOWN -0.32%
2018-09-24 20:00:19
0m
NASDAQ UNOFFICIALLY CLOSES UP 7.47 POINTS, OR 0.09 PERCENT, AT 7,994.42
2018-09-24 20:00:14
0m
S&P 500 UNOFFICIALLY CLOSES DOWN 10.14 POINTS, OR 0.35 PERCENT, AT 2,919.53
2018-09-24 20:00:09
0m
DOW JONES UNOFFICIALLY CLOSES DOWN 181.25 POINTS, OR 0.68 PERCENT, AT 26,562.25
2018-09-24 19:32:12
0m
MATTIS CHIDES IRAN'S ROLE IN SYRIA BUT SAYS U.S. MILITARY'S JOB THERE IS TO DEFEAT ISLAMIC STATE AND TRAIN LOCAL FORCES SO "OUTSIDERS" CAN'T GET IN
2018-09-24 19:27:38
0m
MATTIS SAYS "LUDICROUS" FOR IRAN TO SUGGEST U.S. HAD ANYTHING TO DO WITH PARADE ATTACK
2018-09-24 19:24:24
0m
U.S. DEFENSE SECRETARY MATTIS SAYS NOT CONCERNED BY IRAN THREATS OF REVENGE OVER PARADE ATTACK, SAYS HOPEFUL COOLER HEADS WILL PREVAIL
2018-09-24 19:23:20
0m
MCCONNELL SAYS KAVANAUGH NOMINATION WILL BE VOTED ON THE SENATE FLOOR ‘IN THE NEAR FUTURE’
2018-09-24 19:11:41
0m
U.S. SENATE MAJORITY LEADER MCCONNELL SAYS DEMOCRATS ARE ‘TRYING TO DESTROY’ SUPREME COURT NOMINEE KAVANAUGH’S PERSONAL AND PROFESSIONAL LIFE WITH ‘UNSUBSTANTIATED’ ALLEGATIONS
Ads by AdKrypto
Most Popular
1

Cryptocurrency Brief: Bitcoin and altcoins suffer massive sell-off, Gemini exchange to expand UK operations, UNICEF France to accept crypto donations – Monday, September 24th, 2018

2

Is it time for Australia to be more open about research involving animals?

3

Planned trade deal with Europe could keep medicine prices too high

4

Gurus, gas attacks and pubic hair: the strange history of Japan's new religions

5

Tech’s next great opportunity is mid-career workers

6

The US will have to accept second-class status in the Middle East

7

Ford's fight with Toronto shows legal vulnerability of cities

8

Big Tobacco’s opposition to plain packaging is spin, not substance

9

If privacy is increasing for My Health Record data, it should apply to all medical records

10

FxWirePro: GBP/JPY Trade Idea

Economics Monitor

September 24 19:00 UTC Released

USFCOJ Stock

Actual

0.633 Pounds B

Forecast

Previous

0.691 Pounds B

September 24 19:00 UTC Released

USBeef Stocks

Actual

503.449 Pounds M

Forecast

Previous

485.007 Pounds M

January 31 00:00 UTC 341328341328m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 341328341328m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 353148353148m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 341328341328m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 353148353148m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 341328341328m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 341328341328m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 341328341328m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

EconoTimes
Ads by AdKrypto
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.