Search ForexCrunch

ETH/USD daily chart

  • The ETH/USD daily chart shows that the market has had a bearish break out from the triangle formation.
  • The 20-day simple moving average (SMA 20) curve has crossed over the SMA 50 and the SMA 200 curves to show a strong buy signal.

ETH/USD 4-hour chart

  • The ETH/USD 4-hour chart shows that the market is trending below the SMA 20 curve.
  • The 20-day Bollinger band shows that the market is becoming less volatile.
  • The relative strength index (RSI) graph is creeping towards the oversold territory.

ETH/USD hourly chart

  • The bulls have fought back convincingly over the last three sessions.
  • The moving average convergence/divergence (MACD) histogram shows decreasing bearish momentum in the short-term.

Key Levels

  • Resistance 3: $144.21
  • Resistance 2: $141.84
  • Resistance 1: $139.50
  • Pivot Point: $137.12
  • Support 1: $134.78
  • Support 2: $132.40
  • Support 3: $130.06