- ETH/USD is currently priced at $139 after bulls edged out the bears this Thursday.
- Daily confluence detector shows a clear path to $150, as long as the buyers break past resistance at $143.
ETH/USD is currently trading around $139 and has a clear path to $150 provided they can break past the resistance at $143. The market also has healthy levels of support, so upward movement is expected.
ETH/USD daily confluence detector
According to the confluence detector, the resistance lines are at $143 and $153. The confluences at those levels are:
- $143: Previous day high
- $153: Weekly 61.8% Fibonacci retracement level
Support levels are at $137 – $139.50, $136, $129, and $127.
- $137-$139.50: Hourly previous low, 10-day simple moving average (SMA 10), 15-min Bollinger band middle curve, SMA 100, SMA 5, hourly Bollinger band middle curve, SMA 5, 15-min Previous low, 4-hour previous high, SMA 200, weekly 23.6% Fibonacci retracement level, and daily 61.8% Fibonacci retracement level.
- $136: Daily previous low, SMA 200, SMA 50, 4-hour Bollinger band middle curve, and SMA 10.
- $129: Previous week low and weekly pivot point support 3.
- $127: Monthly 61.8% Fibonacci retracement level.
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