Market in last 24hrs
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4Hr 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 .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
- ETHUSD saw a sideways movement with price declining to reach lower band support and consolidate
- Price volatility was very high. The market moved ~7.05% between $407.33 and $380.50
- ETHUSD expected to see a sideways movement as the price is trading inside the bands and expected to consolidate to reach the midline resistance and decline thereafter
- Price at the time of publishing: $388.15
- ETH’s market cap: $44.11 Billion
- Oscillator indicators are mostly neutral. RSI at 42
- Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
- Volume indicators observed an increase with price decline while volume decrease with an increase in price
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4Hr 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 .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex