ETH/USD Technical Analysis: Bulls and Bears wrestle around the $170 level
05/16/2019, 05:09:07
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ETH/USD is currently trading for $169.75. The market is prime for a breakout from the triangle formation. The price is trending above the SMA 200, SM

ETH/USD Daily Chart

ETH/USD Daily Chart

  • ETH/USD is currently trading for $169.75.
  • The market is prime for a breakout from the triangle formation.
  • The price is trending above the SMA 200, SMA 50, and SMA 20 curves.
  • The signal line and MACD line are converging towards each other very slowly, as the bullish momentum decreases.
  • ETH/USD is currently trading for $169.75.
  • The market is prime for a breakout from the triangle formation.
  • The price is trending above the SMA 200, SMA 50, and SMA 20 curves.
  • The signal line and MACD line are converging towards each other very slowly, as the bullish momentum decreases.
  • ETH/USD 4-Hour Chart

    ETH/USD 4-Hour Chart

    • The squeeze in the 20-day Bollinger band indicates lower market volatility.
    • The 4-hour market is trending below the SMA 20 curve and above the SMA 200 and SMA 50 curves.
    • The Elliot oscillator has six consecutive bearish sessions. 14 out of the last 16 sessions were bearish.
  • The squeeze in the 20-day Bollinger band indicates lower market volatility.
  • The 4-hour market is trending below the SMA 20 curve and above the SMA 200 and SMA 50 curves.
  • The Elliot oscillator has six consecutive bearish sessions. 14 out of the last 16 sessions were bearish.
  • ETH/USD Hourly Chart

    ETH/USD Hourly Chart

    • The hourly ETH/USD price found resistance at the green cloud of the Ichimoku Indicator and went down.
    • The nearest support level is at $169.35 from which the market found support and then bounced up.
    • The relative strength index (RSI) indicator is at 45.31.
  • The hourly ETH/USD price found resistance at the green cloud of the Ichimoku Indicator and went down.
  • The nearest support level is at $169.35 from which the market found support and then bounced up.
  • The relative strength index (RSI) indicator is at 45.31.
  • Key Levels

    Key Levels

    ETH/USD

    Overview
    Today last price 169.16
    Today Daily Change -1.72
    Today Daily Change % -1.01
    Today daily open 170.88
     
    Trends
    Daily SMA20 165.29
    Daily SMA50 159.6
    Daily SMA100 144.13
    Daily SMA200 145
    Levels
    Previous Daily High 175.24
    Previous Daily Low 166.88
    Previous Weekly High 172.2
    Previous Weekly Low 153.2
    Previous Monthly High 187.51
    Previous Monthly Low 140.14
    Daily Fibonacci 38.2% 170.07
    Daily Fibonacci 61.8% 172.05
    Daily Pivot Point S1 166.76
    Daily Pivot Point S2 162.64
    Daily Pivot Point S3 158.39
    Daily Pivot Point R1 175.12
    Daily Pivot Point R2 179.36
    Daily Pivot Point R3 183.48

     

    ETH/USD

    Overview
    Today last price 169.16
    Today Daily Change -1.72
    Today Daily Change % -1.01
    Today daily open 170.88
     
    Trends
    Daily SMA20 165.29
    Daily SMA50 159.6
    Daily SMA100 144.13
    Daily SMA200 145
    Levels
    Previous Daily High 175.24
    Previous Daily Low 166.88
    Previous Weekly High 172.2
    Previous Weekly Low 153.2
    Previous Monthly High 187.51
    Previous Monthly Low 140.14
    Daily Fibonacci 38.2% 170.07
    Daily Fibonacci 61.8% 172.05
    Daily Pivot Point S1 166.76
    Daily Pivot Point S2 162.64
    Daily Pivot Point S3 158.39
    Daily Pivot Point R1 175.12
    Daily Pivot Point R2 179.36
    Daily Pivot Point R3 183.48

    ETH/USD

    Overview
    Today last price 169.16
    Today Daily Change -1.72
    Today Daily Change % -1.01
    Today daily open 170.88
     
    Trends
    Daily SMA20 165.29
    Daily SMA50 159.6
    Daily SMA100 144.13
    Daily SMA200 145
    Levels
    Previous Daily High 175.24
    Previous Daily Low 166.88
    Previous Weekly High 172.2
    Previous Weekly Low 153.2
    Previous Monthly High 187.51
    Previous Monthly Low 140.14
    Daily Fibonacci 38.2% 170.07
    Daily Fibonacci 61.8% 172.05
    Daily Pivot Point S1 166.76
    Daily Pivot Point S2 162.64
    Daily Pivot Point S3 158.39
    Daily Pivot Point R1 175.12
    Daily Pivot Point R2 179.36
    Daily Pivot Point R3 183.48

    ETH/USD

    Overview
    Today last price 169.16
    Today Daily Change -1.72
    Today Daily Change % -1.01
    Today daily open 170.88
     
    Trends
    Daily SMA20 165.29
    Daily SMA50 159.6
    Daily SMA100 144.13
    Daily SMA200 145
    Overview
    Today last price 169.16
    Today Daily Change -1.72
    Today Daily Change % -1.01
    Today daily open 170.88
    Overview Overview Overview Today last price 169.16 Today Daily Change -1.72 Today Daily Change % -1.01 Today daily open 170.88 Today last price 169.16 Today last price169.16169.16 Today Daily Change -1.72 Today Daily Change-1.72-1.72 Today Daily Change % -1.01 Today Daily Change %-1.01-1.01 Today daily open 170.88 Today daily open170.88170.88
     
    Trends
    Daily SMA20 165.29
    Daily SMA50 159.6
    Daily SMA100 144.13
    Daily SMA200 145
    Trends Trends Trends Daily SMA20 165.29 Daily SMA50 159.6 Daily SMA100 144.13 Daily SMA200 145 Daily SMA20 165.29 Daily SMA20165.29165.29 Daily SMA50 159.6 Daily SMA50159.6159.6 Daily SMA100 144.13 Daily SMA100144.13144.13 Daily SMA200 145 Daily SMA200145145
    Levels
    Previous Daily High 175.24
    Previous Daily Low 166.88
    Previous Weekly High 172.2
    Previous Weekly Low 153.2
    Previous Monthly High 187.51
    Previous Monthly Low 140.14
    Daily Fibonacci 38.2% 170.07
    Daily Fibonacci 61.8% 172.05
    Daily Pivot Point S1 166.76
    Daily Pivot Point S2 162.64
    Daily Pivot Point S3 158.39
    Daily Pivot Point R1 175.12
    Daily Pivot Point R2 179.36
    Daily Pivot Point R3 183.48
    Levels
    Previous Daily High 175.24
    Previous Daily Low 166.88
    Previous Weekly High 172.2
    Previous Weekly Low 153.2
    Previous Monthly High 187.51
    Previous Monthly Low 140.14
    Daily Fibonacci 38.2% 170.07
    Daily Fibonacci 61.8% 172.05
    Daily Pivot Point S1 166.76
    Daily Pivot Point S2 162.64
    Daily Pivot Point S3 158.39
    Daily Pivot Point R1 175.12
    Daily Pivot Point R2 179.36
    Daily Pivot Point R3 183.48
    Levels Levels Levels Previous Daily High 175.24 Previous Daily Low 166.88 Previous Weekly High 172.2 Previous Weekly Low 153.2 Previous Monthly High 187.51 Previous Monthly Low 140.14 Daily Fibonacci 38.2% 170.07 Daily Fibonacci 61.8% 172.05 Daily Pivot Point S1 166.76 Daily Pivot Point S2 162.64 Daily Pivot Point S3 158.39 Daily Pivot Point R1 175.12 Daily Pivot Point R2 179.36 Daily Pivot Point R3 183.48 Previous Daily High 175.24 Previous Daily High175.24175.24 Previous Daily Low 166.88 Previous Daily Low166.88166.88 Previous Weekly High 172.2 Previous Weekly High172.2172.2 Previous Weekly Low 153.2 Previous Weekly Low153.2153.2 Previous Monthly High 187.51 Previous Monthly High187.51187.51 Previous Monthly Low 140.14 Previous Monthly Low140.14140.14 Daily Fibonacci 38.2% 170.07 Daily Fibonacci 38.2%170.07170.07 Daily Fibonacci 61.8% 172.05 Daily Fibonacci 61.8%172.05172.05 Daily Pivot Point S1 166.76 Daily Pivot Point S1166.76166.76 Daily Pivot Point S2 162.64 Daily Pivot Point S2162.64162.64 Daily Pivot Point S3 158.39 Daily Pivot Point S3158.39158.39 Daily Pivot Point R1 175.12 Daily Pivot Point R1175.12175.12 Daily Pivot Point R2 179.36 Daily Pivot Point R2179.36179.36 Daily Pivot Point R3 183.48 Daily Pivot Point R3183.48183.48