Copy link
Increase text size
Decrease text size
Link copied

Crypto Technicals: ETH/USD breaks above 55-EMA (190.12), on track to test 110-EMA (199.82)

Thu, 10 Oct 2019, 05:03 am UTC

ETH/USD chart - Trading View

Exchange - Coinbase

Support: 190.13 (55-EMA); Resistance: 199.82 (110-EMA)

Technical Analysis: Bias Bullish

ETH/USD is consolidating previous session's gains, bias bullish.

The pair is trading marginally higher at 194.24, up 0.51% at 04:50 GMT.

Price action has broken above 21-EMA and daily cloud base, scope for further upside.

Momentum studies on the daily charts are bullish. RSI is above 50 and bias higher.

Bullish 5-DMA crossover on 20-DMA and bullish MACD line crossover on signal line supports further gains.

Next bull target lies at 110-EMA at 199.82 ahead of 23.6% Fib at 202.23.

55-EMA is immediate support at 190.10, break below could see dip till 50-DMA at 183.82.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $9,593.46 (+0.71%)
  • Ethereum (ETH) $241.90 (+1.94%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $251.46 (+0.99%)
  • Bitcoin SV (BSV) $194.96 (-0.50%)
  • Bitcoin (BTC) $9,593.46 (+0.71%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft