ETHUSD - Upward Trend Today. Price Technical Analysis #25
Market in last 24 hrs
- ETHUSD mostly consolidated, moving in range +/-4 around $193.3
- Price at time of publishing: $196.2
Today’s Trend analysis
Price should trend up today. Oscillator indicators are mostly indicating neutral momentum, but compared to yesterday some have flipped to now indicate a buying opportunity. Bulls are gaining strength to drive the market in upward direction. CCI is below over-bought zone and RSI is close to 60. MACD histogram is indicating a selling opportunity.
- Weak upward today. $200 is probable
- ‘Oscillator‘ indicators are neutral
- ‘Moving average‘ indicators are unanimously indicating buying opportunity
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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.
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
- ETHUSD mostly consolidated, moving in range +/-4 around $193.3
- Price at time of publishing: $196.2
Today’s Trend analysis
Price should trend up today. Oscillator indicators are mostly indicating neutral momentum, but compared to yesterday some have flipped to now indicate a buying opportunity. Bulls are gaining strength to drive the market in upward direction. CCI is below over-bought zone and RSI is close to 60. MACD histogram is indicating a selling opportunity.
- Weak upward today. $200 is probable
- ‘Oscillator‘ indicators are neutral
- ‘Moving average‘ indicators are unanimously indicating buying opportunity
----------------------------------------------------------------------------------------
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
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ETHUSD has recently seen huge price and volume jump. Volatility currently us very high.
