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  • Ethereum price holding gains of some 1.70% in the second half of trading on Thursday.
  • ETH/USD mixed picture at the moment; 60-minute view shows a bearish flag formation, daily is supported by an  ascending trend line, for a retest of 2019 high area.  

 

ETH/USD 15-minute chart

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Spot rate:                0.3150

Relative change:     +0.70%

High:                        0.3179

Low:                         0.3101

 

Trend:                       Bearish

 

Trends:
       Daily SMA20:  133.62
       Daily SMA50:  123.41
       Daily SMA100:  121.77
       Daily SMA200:  176.43
Levels:
       Previous Daily High:  141.38
       Previous Daily Low:  127.73
       Previous Weekly High:  152.82
       Previous Weekly Low:  123.04
       Previous Monthly High:  163.23
       Previous Monthly Low:  102.17
       Daily Fibonacci 38.2%:  132.95
       Daily Fibonacci 61.8%:  136.16
       Daily Pivot Point S1:  128.67
       Daily Pivot Point S2:  121.38
       Daily Pivot Point S3:  115.02
       Daily Pivot Point R1:  142.31
       Daily Pivot Point R2:  148.66
       Daily Pivot Point R3:  155.95

 

ETH/USD 60-minute chart

  • Price action has formed a moving within a bearish flag formation, seen via the 60-minute view.  

 

ETH/USD daily chart

  • Bulls gunning for a retest of 2019 high area, supply zone tracks from $150-170 region.