ETH to see an uptrend(1D) | Midline resistance break expectedMarket in last 1 week
ETHUSD saw a rejection from midline followed by consolidation with support from lower band
Price volatility was very high. The market moved ~23.1%, between $385.31 and $313
Today’s Trend analysis
ETHUSD expected to see an uptrend as the price is trading inside the bands and is expected to break the midline after getting support from lower band
Price at time of publishing: $359.93
ETH’s market cap: $40 Billion
Oscillator indicators are mostly neutral. RSI at 48
Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral
Volume indicators saw an increase in volume as price decreased followed by decrease in volume with price increase
Price expected to see an uptrend as the price is trading inside the bands and is expected to break the midline after getting support from lower band. Most of the Oscillator indicators are neutral. MACD line approaching signal line from below with histogram size decreasing in the negative direction suggesting bearish bias. RSI at 48, below the midline still in the neutral region. CCI is around -12, in the neutral region with an upmove from oversold region. Another interesting point to notice here is that volume saw an increase in volume as price decreased followed by decrease in volume with price increase weak buying pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
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Ethereumprice
ETHUSD to move sideways(4hr) | Midline support with bullish MACDMarket in last 24hrs
ETHUSD saw a decline with midline support to consolidate
Price volatility was very high. The market moved ~6.06% between $358.12 and $337.63.55
Today’s Trend analysis
ETHUSD expected to see a decline and get support from midline to consolidate as the price got rejected from upper band with Bollinger band expansion
Price at time of publishing: $350.80
ETH’s market cap: $39.64 Billion
Oscillator indicators are mostly neutral. RSI at 55
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators saw an increase in value as the price increased followed by a decrease in value as price decreased indicating a strengthened buying pressure
Price expected to see a decline and get support from midline to consolidate as the price got rejected from upper band with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, with the histogram size decreasing in positive region suggesting bullish bias. RSI at 55, in the neutral region above midline. CCI with a value of around 102 in the oversold region indicating an uptrend. Another interesting point to notice here is that the volume observed an increase in value as the price increased followed by a decrease in value as price decreased indicating a strengthened buying pressure
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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 4Hr 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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ETHUSD to consolidate(4hr)! | Trade inside band with higher highMarket in last 24hrs
ETHUSD saw an uptrend followed by rejection from upper band
Price volatility was very high. The market moved ~9.14% between $353.14 and $323.55
Today’s Trend analysis
ETHUSD expected to see a decline and get support from midline to consolidate as the price got rejected from upper band with higher highs being observed
Price at time of publishing: $343.08
ETH’s market cap: $38.7 Billion
Oscillator indicators are mostly neutral. RSI at 48
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators saw an increase in value as the price increased followed by a decrease in value as price decreased indicating a strengthened buying pressure
Price expected to see a decline and get support from midline to consolidate as the price got rejected from upper band with higher highs being observed. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, with the histogram size decreasing in positive region suggesting bullish bias. RSI at 48, in the neutral region below midline. CCI with a value of around 59 in the neutral region with a pullback from overbought region. Another interesting point to notice here is that the volume observed an increase in value as the price increased followed by a decrease in value as price decreased indicating a strengthened buying pressure.
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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 4Hr 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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ETHUSD to see an uptrend(4Hr) | Lower band supportMarket in last 24hrs
ETHUSD saw a downtrend followed by support from lower band
Price volatility was very high. The market moved ~9.72% between $343.44 and $313
Today’s Trend analysis
ETHUSD expected to see an uptrend as price is tradng between midline and lower band after getting support form lower band it is expected to increase
Price at time of publishing: $327.54
ETH’s market cap: $36.9 Billion
Oscillator indicators are mostly neutral. RSI at 33
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators saw an increase in value as the price decreased followed by a decrease in value as price increased indicating a weak buying pressure
Price expected to see an uptrend as price is tradng between midline and lower band after getting support form lower band it is expected to increase. Most of the Oscillator indicators are neutral. MACD line approaching the signal line from below, with the histogram size decreasing in negative region suggesting bearish bias. RSI at 33, in the neutral region below midline with an upmove form oversold. CCI with a value of around -108 in the oversold region indicating an uptrend. Another interesting point to notice here is that the Bollinger band squeeze is taking place and volume observed an increase in value as the price decreased followed by a decrease in value as price increased indicating a weak buying pressure.
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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 4Hr 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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ETHUSD to move sideways(4hr)! | Potential Gap Down as BB expandsMarket in last 24hrs
ETHUSD saw a downtrend with the price riding the lower band
Price volatility was very high. The market moved ~13.43% between $375.47 and $331
Today’s Trend analysis
ETHUSD expected to see a sideways movement as the price after riding the lower band got support with Bollinger band expansion
Price at time of publishing: $340.76
ETH’s market cap: $38.6 Billion
Oscillator indicators are mostly neutral. RSI at 30
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed an increase as the price decreased and saw a decrease as the price moved sideways
Price expected to see a sideways movement as the price after riding the lower band got support with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line approaching the signal line from below, with the histogram size decreasing in negative region suggesting bearish bias. RSI at 30, in the neutral region close to oversold. CCI with a value of around -116 in the oversold region indicating an uptrend. Another interesting point to notice here is that the volume observed an increase as the price decreased and saw a decrease as the price moved sideways to indicate a strengthening selling pressure.
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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 4Hr 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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ETHUSD to see downtrend(4hr)! | Will history repeat itself?Market in last 24hrs
ETHUSD saw a consolidation after declining and getting support from lower band
Price volatility was very high. The market moved ~4.74% between $382.21 and $364.89
Today’s Trend analysis
ETHUSD expected to see an uptrend and get rejected from the midline as the price has been trading inside the bands with lower band as support and upper as resistance, with midline acting as support as well as resistance but hasn’t allowed the price to break it in the first attempt
Price at time of publishing: $373.8
ETH’s market cap: $42.1 Billion
Oscillator indicators are mostly neutral. RSI at 44
Moving average indicators are suggesting a downptrend. Ichimoku Cloud is neutral
Volume indicators observed an increase as the price decreased and saw a decrease as the price saw an uptrend
Price expected to see an uptrend and get rejected from the midline as the price has been trading inside the bands with lower band as support and upper as resistance, with midline acting as support as well as resistance but hasn’t allowed the price to break it in the first attempt. Most of the Oscillator indicators are neutral. MACD line approaching the signal line from below, with the histogram size decreasing in negative region suggesting bearish bias. RSI at 44, in the neutral region below the midline. CCI with a value of around -101 in the oversold region with an upmove from -240. Another interesting point to notice here is that the Bollinger band squeeze taking place and volume observed an increase as the price decreased and saw a decrease as the price saw an uptrend to indicate a weakening buying pressure.
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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 4Hr 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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ETH to see a slight uptrend(1D) | Price breaking the midlineMarket in last 1 week
ETHUSD saw a sideways movement with price trying to break the midline but rejecting
Price volatility was very high. The market moved ~11.58%, between $394.55 and $353.58
Today’s Trend analysis
ETHUSD expected to see a slight uptrend as the price is trying to break the midline with support from lower band
Price at time of publishing: $372.03
ETH’s market cap: $42 Billion
Oscillator indicators are mostly neutral. RSI at 47
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral
Volume indicators saw a decrease in volume for recent candles
Price expected to ee a slight uptrend as the price is trying to break the midline with support from lower band. Most of the Oscillator indicators are neutral. MACD line moving below to signal line with histogram size increasing in the negative direction. RSI at 47, below the midline still in the neutral region. CCI is around -16, in the neutral region. Another interesting point to notice here is that volume saw a decrease in volume for recent candles indicating a weak selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
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ETHUSD to move sideways(4Hr) | Price inside bands, Higher highsMarket in last 24hrs
ETHUSD saw an uptrend and getting a rejection from the upper band later on
Price volatility was very high. The market moved ~5.21% between $394.55 and $375
Today’s Trend analysis
ETHUSD expected to see a decline and get support from the midline to consolidate further as the price was trading inside the bands with higher highs being observed followed by rejection from upper band
Price at time of publishing: $386.7
ETH’s market cap: $43.5 Billion
Oscillator indicators are mostly neutral. RSI at 57
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed an increase as the price increased and saw a decrease as the price declined
Price expected to see a decline and get support from the midline to consolidate further as the price was trading inside the bands with higher highs being observed followed by rejection from the upper band. Most of the Oscillator indicators are neutral. MACD line crossed moving above the signal line, with the histogram size decreasing in positive region suggesting bullish bias. RSI at 60, in the neutral region above the midline. CCI with a value of around 94 in the neutral region with a pullback from the overbought region. Another interesting point to notice here is that the Bollinger band expansion taking place and volume observed an increase as the price increased and saw a decrease as the price declined to indicate a strengthening buying pressure.
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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 4Hr 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!
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ETHUSD to see an uptrend(4hr)! | Higher highs observedMarket in last 24hrs
ETHUSD saw an uptrend with price now riding the upper band
Price volatility was very high. The market moved ~13.17% between $375.74 and $332
Today’s Trend analysis
ETHUSD expected to see an uptrend as the price is riding the upper band with higher highs and Bollinger band expansion
Price at time of publishing: $362
ETH’s market cap: $41 Billion
Oscillator indicators are mostly neutral. RSI at 57
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed an increase with relatively low volume for red candles
Price expected to see an uptrend as the price is riding the upper band with higher highs and Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, with histogram size increasing in positive direction suggesting bullish bias. RSI at 57, in the neutral region above the midline. CCI with a value of around 196 in the overbought region. Another interesting point to notice here is that the volume observed an increase with relatively low volume for red candles indicating a weak selling pressure and shift from sellers to buyer.
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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 4Hr 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!
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ETHUSD to see an uptrend(4hr)! | Bollinger Band squeezeMarket in last 24hrs
ETHUSD saw a sideways movement reaching the midline Bollinger band
Price volatility was very high. The market moved ~10.47%, between $357. and $323.17
Today’s Trend analysis
ETHUSD expected to see a slight uptrend as the Bollinger band squeeze takes place with price reaching the midline
Price at time of publishing: $345
ETH’s market cap: $39.1Billion
Oscillator indicators are mostly neutral. RSI at 41
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed a decrease as the price increases indicating s shift from sellers to buyers
Price expected to see a slight uptrend as the Bollinger band squeeze takes place with price reaching the midline. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, with histogram size increasing in positive direction suggesting bullish bias. RSI at 42, in the neutral region below the midline. CCI with a value of around -10 in the neutral region. Another interesting point to notice here is that the volume observed a decrease as the price increases indicating s shift from sellers to buyers.
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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 4Hr 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!
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ETHUSD to see a slight uptrend(1D) | Volatility above 50%!!!Market in last 1 week
ETHUSD saw a downward movement with rejection from Upper Bollinger band
Price volatility was very high. The market moved ~57.72%, between $488.95 and $310
Today’s Trend analysis
BTCUSD expected to see a slight uptrend as the price is riding the lower band after rejecting from the upper band
Price at time of publishing: $350.8
BTC’s market cap: $39.3 Billion
Oscillator indicators are mostly neutral. RSI at 39
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed an increase in volume as while the value observed was low for blue candles indicating a weak buying pressure
Price expected to see a slight uptrend as the price is riding the lower band after rejecting from the upper band. Most of the Oscillator indicators are neutral. MACD crossed below the signal line with histogram size increasing in the negative direction suggesting a bearish bias. RSI at 39, below the midline, still in the neutral region. CCI is around -144, in the oversold region indicating an uptrend further. Another interesting point to notice here is that the volumes observed an increase in volume as while the value observed was low for blue candles indicating a weak buying pressure.
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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 1D 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!
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ETHUSD to see an uptrend(4hr)! | Lower band support & BB expandsMarket in last 24hrs
ETHUSD saw a downtrend with riding the lower band and Bollinger band expansion
Price volatility was very high. The market moved ~18.69%, between $438.18 and $370.00
Today’s Trend analysis
ETHUSD expected to see a slight uptrend as the price got support from lower band with Bollinger band expansion
Price at time of publishing: $387
ETH’s market cap: $43.6 Billion
Oscillator indicators are mostly neutral. RSI at 32
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed an increase for red candles while a decrease for the blue candles
Price expected to see a slight uptrend as the price got support from lower band with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, with histogram size decreasing in negative direction. RSI at 32, in the neutral region below the midline, with an up move from the oversold region. CCI with a value of around -123 in the oversold region indicating an uptrend. Another interesting point to notice here is that the volume saw an increase for red candles and a decrease in blue candles, suggesting a strengthened selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the 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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ETH Market Dominance at 2020 HighEther’s market cap’s share of the broader digital asset market hit a 2020 high over 14% Wednesday. Although dipping a bit Thursday, the last time ether’s share was at these levels was back in August 2018.
“A large number of useful projects on the Ethereum blockchain contribute to ether dominance growth,” said Azamat Malaev, co-founder of HodlTree, a decentralized lending protocol. However, scaling is an issue that could cause ether’s share to wane, Malaev added. “To maintain this trend, Ethereum urgently need to scale the network - for ordinary users, transactions are already very expensive”
ETHUSD to see a downtrend further4hr)| Lower highs observed Market in last 24hrs
ETHUSD saw a downtrend and had broken the midline Bollinger band
Price volatility was very high. The market moved ~12.2%, between $472.08.00 and $420.58
Today’s Trend analysis
ETHUSD expected to see a downtrend as lower highs were observed along with squeeze in Bollinger band
Price at time of publishing: $423
ETH’s market cap: $48 Billion
Oscillator indicators are mostly neutral. RSI at 42
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed a decrease except a spike with blue candle and an increase in 20-candle moving average
Price expected to see a downtrend as lower highs were observed along with squeeze in Bollinger band. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, with histogram size decreasing in negative direction. RSI at 42, in the neutral region below the midline. CCI with a value of around -78 in the neutral region with a down move. Another interesting point to notice here is that the volume saw a decrease except a spike was observed for a blue candle suggesting a strengthened buying pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the 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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ETHUSD to see a downtrend further4hr)| Bearish MomentumMarket in last 24hrs
ETHUSD saw an uptrend and got rejected from the upper Bollinger band
Price volatility was very high. The market moved ~6.13%, between $486.00 and $457.95
Today’s Trend analysis
ETHUSD expected to see a downtrend as the price got rejected from the upper band after riding the band
Price at time of publishing: $472
ETH’s market cap: $53 Billion
Oscillator indicators are mostly neutral. RSI at 73
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed a decrease as the price rides the band and rejects
Price expected to see a downtrend as the price got rejected from the upper band after riding the band. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, signal line approaching the MACD line from below with histogram size decreasing in positive direction. RSI at 73, in the overbought region decreasing, suggesting a trend reversal soon. CCI with a value of around 167 in the overbought region with a down move indicating a downtrend. Another interesting point to notice here is that the Bollinger band expansion takes place with a decrease in volume as price falls.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the 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!
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ETHUSD to move sideways4hr)| Bollinger Band expandsMarket in last 24hrs
-ETHUSD saw an uptrend with riding the upper Bollinger band
-Price volatility was very high. The market moved ~11.57%, between $466.62 and $418.22
Today’s Trend analysis
-ETHUSD expected to see a sideways movement as the price is riding the upper band with Bollinger band expansion
-Price at time of publishing: $462
-ETH’s market cap: $51.8 Billion
-Oscillator indicators are mostly neutral. RSI at 79
-Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
-Volume indicators observed a sudden increase in volume as price saw an uptrend
Price expected to see a sideways movement as the price is riding the upper band with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, histogram size increasing in positive direction. RSI at 79, in the overbought region with an up move, suggesting a trend reversal soon. CCI with a value of around 177 in the overbought region indicating a downtrend. Another interesting point to notice here is that the Bollinger band expands with sudden increase in volume as price saw an uptrend indicating a strong buying pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the 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
ETHUSD to see a slight downtrend(4hr)| Gap up completedMarket in last 24hrs
-ETHUSD saw a breakout and rejecting from the upper band
-Price volatility was high. The market moved ~6.9%, between $430.5 and $402.76
Today’s Trend analysis
-ETHUSD expected to see a slight downtrend as a gap up was observed post which the price rejected from the upper band
-Price at time of publishing: $421
-ETH’s market cap: $47.5 Billion
-Oscillator indicators are mostly neutral. RSI at 68
-Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
-Volume indicators observed a decrease in volume in the recent candles after a sudden spike
Price expected to see a slight downtrend as a gap up was observed post which the price rejected from the upper band. Most of the Oscillator indicators are neutral. MACD line above the signal line, histogram size decreasing in positive direction. RSI at 68, in the neutral region with a pullback from overbought. CCI with a value of around 127 in the overbought region with a down move indicating a downtrend. Another interesting point to notice here is that the Bollinger band expansion is taking place.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the 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
ETHUSD to consolidate(4hr)| Series of LH and HL observedMarket in last 24hrs
-ETHUSD saw a downtrend getting support from lower Bollinger band
-Price volatility was high. The market moved ~6.9%, between $397.15 and $371.5
Today’s Trend analysis
-ETHUSD expected to see an uptrend as a series of lower highs and higher lows were observed
-Price at time of publishing: $388
-ETH’s market cap: $43.7 Billion
-Oscillator indicators are mostly neutral. RSI at 50
-Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
-Volume indicators observed a decrease in volume in the recent candles suggesting bullish momentum.
Price expected to see an uptrend as a series of lower highs and higher lows were observed. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line, histogram size increasing in the positive direction. RSI at 50, close to the midline in the neutral region. CCI with a value of around 30 in the neutral region with an upmove. Another interesting point to notice here is that the price is trading inside the band with the Bollinger band squeeze taking place.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the 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
ETHUSD to see downtrend(4hr)| Lower highs observedMarket in last 24hrs
-ETHUSD consolidated with price rejecting from midline Bollinger band
-Price volatility was high. The market moved ~4.22%, between $393.5 and $377.56
Today’s Trend analysis
-ETHUSD expected to see a slight downtrend as price rejected from midline with lower highs
-Price at time of publishing: $385
-ETH’s market cap: $43.4 Billion
-Oscillator indicators are mostly neutral. RSI at 48
-Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
-Volume indicators observed a decrease in volume as red candles were observed suggesting a weakening selling pressure
Price expected to see a slight downtrend as price rejected from midline with lower highs. Most of the Oscillator indicators are neutral. MACD line touching the signal line, histogram size decreasing in the negative direction with about to cross zero. RSI at 48, below to the midline in the neutral region. CCI with a value of around -61 in the neutral region. Another interesting point to notice here is that the volume observed a decrease in volume with red candles observed suggesting a weak selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the 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
ETHUSD to see a downtrend(4hr)| Rejection from upper bandMarket in last 24hrs
-ETHUSD saw a an upwards movement rejecting from $412
-Price volatility was high. The market moved ~5.1%, between $412 and $392
Today’s Trend analysis
-ETHUSD expected to see a downtrend as the price rejected from upper band with the Bollinger band squeeze
-Price at time of publishing: $395
-ETH’s market cap: $44.5 Billion
-Oscillator indicators are mostly neutral. RSI at 45
-Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
-Volume indicators observed a decrease in volume with a spike with price hitting maximum in last few candles
Price expected to see a downtrend as the price rejected from upper band with the Bollinger band squeeze. Most of the Oscillator indicators are neutral. MACD line above the signal line, histogram size decreasing in the positive direction. RSI at 45, below to the midline in the neutral region. CCI with a value of around 9 in the neutral region with a down move, after pull back from overbought region. Another interesting point to notice here is that the volume saw a decrease in the recent candles with a spike with the price reaching high suggesting a strong selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 D 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
ETHUSD to see an uptrend(4hr)| Price breaks midline bullish MACDMarket in last 24hrs
-ETHUSD saw a sideways movement trading below the midline Bollinger band
-Price volatility was high. The market moved ~4.06%, between $399.25 and $383.66
Today’s Trend analysis
-ETHUSD expected to see a slight uptrend as higher lowers observed
-Price at time of publishing: $397
-ETH’s market cap: $44.6 Billion
-Oscillator indicators are mostly neutral. RSI at 49
-Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
-Volume indicators observed was relatively low around a similar value in the recent candles
Price expected to see a slight uptrend as higher lows observed with the price breaking the midline band. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line, histogram size increasing in the positive direction. RSI at 49, close to the midline in the neutral region. CCI with a value of around 30 in the neutral region with an up move. Another interesting point to notice here is that the volume had a similar value in the recent candles.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 D 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
ETH expected to move sideways(1D) | Lower highs observedMarket in last 1 week
-ETHUSD saw a downtrend after Bollinger Band started to squeeze
-Price volatility was very high. The market moved ~17.94%, between $447 and $379
Today’s Trend analysis
-ETHUSD expected to see a sideways movement as Bollinger band squeezes with lower highs observed
-Price at time of publishing: $391
-ETH’s market cap: $44 Billion
-Oscillator indicators are mostly neutral. RSI at 53
-Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral
-Volume indicators saw a pattern in the traded volume with a decrease in 20-candle moving average
Price expected to see a sideways movement as Bollinger band squeezes with lower highs observed. Most of the Oscillator indicators are neutral. MACD line crossed below signal line with histogram size increasing in the negative direction. RSI at 53, above the midline still in the neutral region. CCI is around -55, pulled back from overbought region now in the neutral region. Another interesting point to notice here is that volume observed a pattern of increasing to the double of previous and decreasing to the half in the following candle.
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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 1 D 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