ETHUSD - Sideways Today. Price Technical Analysis #17

Apr 20, 2020

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.

This is #17 of ETHUSD daily technical analysis, provided by Mudrex.

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Market in last 24 hrs
- ETH price has been volatile, moving in range $173 – $187
- Price is above crucial level $178.1
- Price at time of publishing: $178.8

Today’s Trend analysis
Price should move sideways today. Oscillators are mostly neutral. CCI is almost at 0 and RSI at 50. Overall, momentum is neutral.
- Sideways today
- ‘Oscillator‘ indicators are mostly neutral
- ‘Moving average‘ indicators are are mixed

DM for to get details of analysis and indicator list & values on which the analysis is based.

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Note: Above analysis would hold true if we do not encounter sudden jump in trade volume.

Apr 21, 2020

Trade closed manually

After the oil crash yesterday, ETHUSD, BTCUSD and global markets saw a steep fall too.

As oil has recovered, so has BTCUSD and ETHUSD.