Market in last 24hrs -ETHUSD saw an uptrend after getting support from Lower Bollinger Band -Price volatility was high. The market moved ~5.04%, between $396 and $377
Today’s Trend analysis -ETHUSD expected to see a slight uptrend as the price was trading inside the band and higher lows were observed -Price at time of publishing: $390 -ETH’s market cap: $44.4 Billion -Oscillator indicators are mostly neutral. RSI at 54 -Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral -Volume indicators saw an increase in volume as the blue candles were seen and a decrease thereafter as red candles were observed
Price expected to see a slight uptrend further as price trading inside the bands with higher lows observed. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line, histogram size increasing in the positive direction. RSI at 54, above the midline still in the neutral region. CCI in the neutral region with a value of around 30. Another interesting point to notice here is that there was an increase in volume as the blue candles were seen and a decrease thereafter as red candles were observed. ----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
my thought. we need to look for sign from dxy dollar it is uncertain now, however, i will post my opinion refard to eth and dollat and gosh... bitcoin asap...