• Sat, 20 Jul 2019, 10:16 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Crypto Technicals: ETH/USD finds stiff resistance at 239 (55W-EMA), break above required for next leg higher

Wed, 15 May 2019, 10:10 am UTC

ETH/USD chart - Trading View

Exchange - Coinbase

Support: 204.98 (5-DMA); Resistance: 239.30 (55W EMA)

Technical Analysis: Bias Bullish

ETH/USD is riding the bull wave, hits 8-month highs at 234.99

The pair has broken above trendline resistance at 208, bias bullish

Stochs and RSI are sharply higher and MACD and DMI support gains

That said, oscillators are at overbought levels which could see some correction from highs

55W EMA at 239 offers strong resistance, breakout above required for further upside

5-DMA at 205.83 is immediate support below trendline, break below to see dip till 50-DMA

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,576.40 (+2.01%)
  • Ethereum (ETH) $225.24 (+2.96%)
  • XRP (XRP) $0.325300 (+2.87%)
  • Litecoin (LTC) $98.74 (+0.93%)
  • Bitcoin Cash (BCH) $310.76 (+1.39%)
  • Bitcoin (BTC) $10,576.40 (+2.01%)
Jul 19, 2019 (Friday)
11:17
Crypto Technicals: XRP/USD grinds lower along 200H SMA, break below 5-DMA to see further weakness
11:12
Binance Jersey announces listing of GBP-backed stablecoin ‘BGBP’
10:32
Rape and sexual harassment case against bitcoin developer blows up
10:15
New Jersey accuses blockchain firm Pocketinns of selling $410K unregistered securities
09:59
Crypto Technicals: LTC/USD struggles at 110-EMA, bias bearish
09:58
Blockchain firm Algorand joins International Swaps and Derivatives Association
09:22
Neo, Ontology partner to develop blockchain interoperability protocol
07:35
Consumer advocates call on Libra partners to withdraw collectively from Facebook's crypto project
07:31
Apple's Steve Wozniak invests in blockchain-based energy efficiency firm 'Efforce' in Malta
07:28
Cryptocurrency exchange ErisX joins U.S. Chamber of Digital Commerce
07:26
LibertyX exceeds 1,000 bitcoin ATMs in the U.S. via new partnership
06:59
Blockchain interest dropping, DLT in trouble?
06:37
Waves founder launches Waves Enterprise to develop corporate blockchain solutions
06:03
IRS goes after cryptocurrency users misreporting transactions
05:05
Facebook's Libra, other cryptocurrencies pose risk of global economic destabilization: G7
04:42
Anchorage receives charter to open crypto custody shop in South Dakota
04:27
Bank of Thailand's DLT-focused Project Inthanon advances to Phase III
Jul 18, 2019 (Thursday)
11:52
MOBI launches first vehicle identity standard on blockchain
11:49
FATF approves Japan’s plan to establish global network for crypto payments: Report
11:13
Crypto Technicals: ETH/EUR downside pauses shy of 200-DMA, bullish divergence on intrday charts keeps scope for upside
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft