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ETH/USD Daily Chart

  • ETH/USD is currently trading at $161.50 as markets opened this Thursday.
  • The market is currently consolidating in a flag formation.
  • The market is trending above the SMA 200 and SMA 50 curves while it finds resistance at the SMA 20 curve.
  • The nearest resistance lies at $164.85 while the closest support level is at $158.50.
  • The relative strength index is at the neutral zone.

ETH/USD 4-Hour Chart

  • The 4-hour market is trending below the SMA 200 curve.
  • The SMA 200 curve has crossed over the SMA 50 curve, which is a definite bearish sign.
  • The three latest sessions of the Elliot wave oscillator are bearish.

ETH/USD Hourly Chart

  • As per the Ichimoku indicator, the current and future sentiment of the hourly ETH/USD chart is bearish.
  • The market found support at the $161.20 line and is trending horizontally for now.
  • The moving average convergence divergence (MACD) indicator shows 20 consecutive bearish sessions.

Key Levels