Ethereum
Updated

ETHUSD - Consolidation Today. Price Technical Analysis #21

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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.

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Market in last 24 hrs
- ETHUSD consolidated, moving in range $183.6 - $190.9
- Price at time of publishing: $186.6

Today’s Trend analysis
Price should consolidate today. Oscillators are mostly neutral and compared to yesterday, more are now indicating a sideways momentum. RSI is 59 and MACD is indicating a buy opportunity. Overall, up-trending momentum is loosing strength.
- Consolidation today
- ‘Oscillator‘ indicators are mostly neutral
- ‘Moving average‘ indicators indicating buying opportunity

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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Trade closed: stop reached
ETHUSD moved almost 10 points up yesterday, now trading at $194.3

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