EthereumLong
ETHUSD(4Hr) : ETH looking to fly high
Market in the last 24hrs
ETHUSD saw an upward movement in the last 24 hours with price moving along the upper Bollinger band. Trading volume remained high in the last 24 hours.
Today’s Trend analysis
ETH is expected to continue the current trend until the price accepts the upper Bollinger band as a resistance line.
Price volatility remained high at approximately 6.9%, with the day's range between $2472— $2643.
Price at the time of publishing: $2578
ETH's market cap: $298 Billion
However, the Indicator summary is giving a 'BUY' signal on ETHUSD.
Out of 11 Oscillator indicators, 4 are giving a SELL signal, 6 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 3 are giving a SELL signal, 1 is neutral and 11 are giving a BUY signal.
Volumes have remained low in the past 24 hours.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
Note: Above analysis would hold if we do not encounter a sudden jump in trade volume.
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Any feedback and suggestions would help in further improving the analysis!
ETHUSD saw an upward movement in the last 24 hours with price moving along the upper Bollinger band. Trading volume remained high in the last 24 hours.
Today’s Trend analysis
ETH is expected to continue the current trend until the price accepts the upper Bollinger band as a resistance line.
Price volatility remained high at approximately 6.9%, with the day's range between $2472— $2643.
Price at the time of publishing: $2578
ETH's market cap: $298 Billion
However, the Indicator summary is giving a 'BUY' signal on ETHUSD.
Out of 11 Oscillator indicators, 4 are giving a SELL signal, 6 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 3 are giving a SELL signal, 1 is neutral and 11 are giving a BUY signal.
Volumes have remained low in the past 24 hours.
----------------------------------------------------------------------------------------
The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
Note: Above analysis would hold if we do not encounter a sudden jump in trade volume.
----------------------------------------------------------------------------------------
Any feedback and suggestions would help in further improving the analysis!
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