Ethereum technical analysis: ETH/USD drops below the $185-level
11/8/2019 11:46:04 PM
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ETH/USD has dropped from $186.60 to $184.80 as Friday comes to a close. The price has dipped below the triangle formation, while the Elliott Oscillat

  • ETH/USD dropped below the triangle formation.
  • The 4-hour chart is trending in a downward channel formation.
  • ETH/USD dropped below the triangle formation.
  • ETH/USD dropped below the triangle formation.
  • The 4-hour chart is trending in a downward channel formation.
  • The 4-hour chart is trending in a downward channel formation.

    ETH/USD daily chart

    fxsoriginal

    fxsoriginalfxsoriginal

    ETH/USD has dropped from $186.60 to $184.80 as Friday comes to a close. The price has dipped below the triangle formation, while the Elliott Oscillator shows five straight green sessions. The 20-day Simple Moving Average (SMA 20) has crossed over the SMA 50 curve, which is a bullish sign.

    ETH/USD 4-hour chart

    fxsoriginal

    fxsoriginalfxsoriginal

    The 4-hour chart is trending in a downward channel formation. The four latest sessions are sandwiched between the SMA 200 and SMA 50 curves, with the later acting as immediate market resistance. The Elliott Oscillator has had 16 straight red sessions.

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    ETH/USD hourly chart

    fxsoriginal

    fxsoriginalfxsoriginal

    The hourly ETH/USD is trending below the green Ichimoku cloud and the SMA 50 and SMA 200 sessions. On the other hand, the SMA 20 curve acts as immediate market support. The RSI indicator is trending around 53.10.

    Key Levels

    ETH/USD

    Overview
    Today last price 185
    Today Daily Change -1.57
    Today Daily Change % -0.84
    Today daily open 186.57
     
    Trends
    Daily SMA20 180.26
    Daily SMA50 183.39
    Daily SMA100 189.07
    Daily SMA200 213.8
     
    Levels
    Previous Daily High 192.32
    Previous Daily Low 184.4
    Previous Weekly High 193.29
    Previous Weekly Low 177.01
    Previous Monthly High 199.04
    Previous Monthly Low 153.28
    Daily Fibonacci 38.2% 187.43
    Daily Fibonacci 61.8% 189.29
    Daily Pivot Point S1 183.21
    Daily Pivot Point S2 179.85
    Daily Pivot Point S3 175.3
    Daily Pivot Point R1 191.13
    Daily Pivot Point R2 195.68
    Daily Pivot Point R3 199.04

     

    ETH/USD

    Overview
    Today last price 185
    Today Daily Change -1.57
    Today Daily Change % -0.84
    Today daily open 186.57
     
    Trends
    Daily SMA20 180.26
    Daily SMA50 183.39
    Daily SMA100 189.07
    Daily SMA200 213.8
     
    Levels
    Previous Daily High 192.32
    Previous Daily Low 184.4
    Previous Weekly High 193.29
    Previous Weekly Low 177.01
    Previous Monthly High 199.04
    Previous Monthly Low 153.28
    Daily Fibonacci 38.2% 187.43
    Daily Fibonacci 61.8% 189.29
    Daily Pivot Point S1 183.21
    Daily Pivot Point S2 179.85
    Daily Pivot Point S3 175.3
    Daily Pivot Point R1 191.13
    Daily Pivot Point R2 195.68
    Daily Pivot Point R3 199.04

    ETH/USD

    Overview
    Today last price 185
    Today Daily Change -1.57
    Today Daily Change % -0.84
    Today daily open 186.57
     
    Trends
    Daily SMA20 180.26
    Daily SMA50 183.39
    Daily SMA100 189.07
    Daily SMA200 213.8
     
    Levels
    Previous Daily High 192.32
    Previous Daily Low 184.4
    Previous Weekly High 193.29
    Previous Weekly Low 177.01
    Previous Monthly High 199.04
    Previous Monthly Low 153.28
    Daily Fibonacci 38.2% 187.43
    Daily Fibonacci 61.8% 189.29
    Daily Pivot Point S1 183.21
    Daily Pivot Point S2 179.85
    Daily Pivot Point S3 175.3
    Daily Pivot Point R1 191.13
    Daily Pivot Point R2 195.68
    Daily Pivot Point R3 199.04

    ETH/USD

    Overview
    Today last price 185
    Today Daily Change -1.57
    Today Daily Change % -0.84
    Today daily open 186.57
     
    Trends
    Daily SMA20 180.26
    Daily SMA50 183.39
    Daily SMA100 189.07
    Daily SMA200 213.8
     
    Overview
    Today last price 185
    Today Daily Change -1.57
    Today Daily Change % -0.84
    Today daily open 186.57
    Overview Overview Overview Today last price 185 Today Daily Change -1.57 Today Daily Change % -0.84 Today daily open 186.57 Today last price 185 Today last price185185 Today Daily Change -1.57 Today Daily Change-1.57-1.57 Today Daily Change % -0.84 Today Daily Change %-0.84-0.84 Today daily open 186.57 Today daily open186.57186.57
     
    Trends
    Daily SMA20 180.26
    Daily SMA50 183.39
    Daily SMA100 189.07
    Daily SMA200 213.8
    Trends Trends Trends Daily SMA20 180.26 Daily SMA50 183.39 Daily SMA100 189.07 Daily SMA200 213.8 Daily SMA20 180.26 Daily SMA20180.26180.26 Daily SMA50 183.39 Daily SMA50183.39183.39 Daily SMA100 189.07 Daily SMA100189.07189.07 Daily SMA200 213.8 Daily SMA200213.8213.8
     
    Levels
    Previous Daily High 192.32
    Previous Daily Low 184.4
    Previous Weekly High 193.29
    Previous Weekly Low 177.01
    Previous Monthly High 199.04
    Previous Monthly Low 153.28
    Daily Fibonacci 38.2% 187.43
    Daily Fibonacci 61.8% 189.29
    Daily Pivot Point S1 183.21
    Daily Pivot Point S2 179.85
    Daily Pivot Point S3 175.3
    Daily Pivot Point R1 191.13
    Daily Pivot Point R2 195.68
    Daily Pivot Point R3 199.04
    Levels
    Previous Daily High 192.32
    Previous Daily Low 184.4
    Previous Weekly High 193.29
    Previous Weekly Low 177.01
    Previous Monthly High 199.04
    Previous Monthly Low 153.28
    Daily Fibonacci 38.2% 187.43
    Daily Fibonacci 61.8% 189.29
    Daily Pivot Point S1 183.21
    Daily Pivot Point S2 179.85
    Daily Pivot Point S3 175.3
    Daily Pivot Point R1 191.13
    Daily Pivot Point R2 195.68
    Daily Pivot Point R3 199.04
    Levels Levels Levels Previous Daily High 192.32 Previous Daily Low 184.4 Previous Weekly High 193.29 Previous Weekly Low 177.01 Previous Monthly High 199.04 Previous Monthly Low 153.28 Daily Fibonacci 38.2% 187.43 Daily Fibonacci 61.8% 189.29 Daily Pivot Point S1 183.21 Daily Pivot Point S2 179.85 Daily Pivot Point S3 175.3 Daily Pivot Point R1 191.13 Daily Pivot Point R2 195.68 Daily Pivot Point R3 199.04 Previous Daily High 192.32 Previous Daily High192.32192.32 Previous Daily Low 184.4 Previous Daily Low184.4184.4 Previous Weekly High 193.29 Previous Weekly High193.29193.29 Previous Weekly Low 177.01 Previous Weekly Low177.01177.01 Previous Monthly High 199.04 Previous Monthly High199.04199.04 Previous Monthly Low 153.28 Previous Monthly Low153.28153.28 Daily Fibonacci 38.2% 187.43 Daily Fibonacci 38.2%187.43187.43 Daily Fibonacci 61.8% 189.29 Daily Fibonacci 61.8%189.29189.29 Daily Pivot Point S1 183.21 Daily Pivot Point S1183.21183.21 Daily Pivot Point S2 179.85 Daily Pivot Point S2179.85179.85 Daily Pivot Point S3 175.3 Daily Pivot Point S3175.3175.3 Daily Pivot Point R1 191.13 Daily Pivot Point R1191.13191.13 Daily Pivot Point R2 195.68 Daily Pivot Point R2195.68195.68 Daily Pivot Point R3 199.04 Daily Pivot Point R3199.04199.04