ETHUSD - Uptrend Today. Price Technical Analysis #36
Market in last 24 hrs
- ETHUSD price movement saw a sudden volume dump, followed by a price drop. Market moved 10%, between $176 and $194
- Price at time of publishing: $190.5
Today’s Trend analysis
Price should move up today. Oscillators are neutral, but with a bias toward buy side. MACD is about to cross up 0. Both CCI and RSI are slightly below mid-points and moving up, indicating that bull momentum is gaining strength.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto tokens. We are observing an increased trade volume and price volatility .
- Upwards today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 42
- ‘Moving average‘ indicators are mixed. Ichimoku Cloud is neutral
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
- ETHUSD price movement saw a sudden volume dump, followed by a price drop. Market moved 10%, between $176 and $194
- Price at time of publishing: $190.5
Today’s Trend analysis
Price should move up today. Oscillators are neutral, but with a bias toward buy side. MACD is about to cross up 0. Both CCI and RSI are slightly below mid-points and moving up, indicating that bull momentum is gaining strength.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto tokens. We are observing an increased trade volume and price volatility .
- Upwards today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 42
- ‘Moving average‘ indicators are mixed. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Trade closed: target reached
As predicted, ETHUSD price saw an uptrend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.