Mudrex

ETHUSD - Weak Uptrend Today. Price Technical Analysis #46

Long
Mudrex Updated   
COINBASE:ETHUSD   Ethereum
Market in last 24 hrs
- ETHUSD price saw a gradual uprtend. Market moved ~5%, between $197 and $207

Today’s Trend analysis
Price expected to move up today. Most of the Oscillator indicators are neutral. MACD histogram is in positive zone. RSI and CCI are trending up, currently at 54 and 90, indicating that bulls are gaining strength and are in control. Interesting point to note is that the price is now at the upper Bollinger Band, hence price is not expected to move up drastically.
- Weak uptrend today
- Price at time of publishing: $205.7
- ‘Oscillator‘ indicators are mostly neutral. RSI at 54
- ‘Moving average‘ indicators are indicating a uptrend. Ichimoku Cloud is neutral

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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 4 hr 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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Trade active:
ETH price is moving in the range specified in the analysis.

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