ETHUSD to see continued uptrend(4Hr) | Strong buying pressureMarket in last 24hrs
ETHUSD saw a consolidation after getting the midline support
Price volatility was very high. The market moved ~8.18% between $507.69 and $469.29
Today’s Trend analysis
ETHUSD expected to see a continued uptrend as the price saw midline support with price started to ride the upper band
Price at the time of publishing: $503.40
ETH’s market cap: $57.13 Billion
Oscillator indicators are mostly neutral. RSI at 72
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed a decline in volume as the price saw a decline while observed an increase with an increase in price
Price expected to see a continued uptrend as the price saw midline support with price started to ride the upper band. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line, with the histogram size increasing in the positive region suggesting bullish bias. RSI at 72, in the overbought region indicating a downtrend. CCI with a value of around 265 in the overbought region indicating a downtrend. Another interesting point to notice here is that the volume observed a decline in volume as the price saw a decline while observed an increase with an increase in price indicating a strong buying pressure.
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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.
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
Ethereumprice
ETHUSD to see continued downtrend(4Hr) | Upper band resistanceMarket in last 24hrs
ETHUSD saw a downtrend after the price observed a rejection from the upper band
Price volatility was very high. The market moved ~8.58% between $495.68 and $456.50
Today’s Trend analysis
ETHUSD expected to see a continued downtrend as the price has declined after getting resistance with Bollinger band squeeze
Price at the time of publishing: $472.69
ETH’s market cap: $53.64 Billion
Oscillator indicators are mostly neutral. RSI at 53
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed a decline in volume as the price saw a decline in recent candles
Price expected to see a continued downtrend as the price has declined after getting resistance with Bollinger band squeeze. Most of the Oscillator indicators are neutral. MACD line crossed below the signal line, with the histogram moved from positive to the negative region suggesting bearish bias. RSI at 53, in the neutral region above the midline. CCI with a value of around 26 in the neutral region with a pullback from overbought. Another interesting point to notice here is that the volume observed a decline in volume as the price saw a decline in recent candles indicating a weakening selling pressure.
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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.
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
ETHUSD to see a slight uptrend(4Hr) | Price riding upper bandMarket in last 24hrs
ETHUSD saw an uptrend with the price riding the upper band
Price volatility was very high. The market moved ~7.26% between $495.68 and $462.10
Today’s Trend analysis
ETHUSD expected to see an uptrend as the price has been riding the upper band with the Bollinger expansion taking place
Price at the time of publishing: $472.54
ETH’s market cap: $53.7 Billion
Oscillator indicators are mostly neutral. RSI at 54
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed a change from decreasing with price decline to increase in volume as the price declines
Price expected to see an uptrend as the price has been riding the upper band with the Bollinger expansion taking place. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, with the histogram size decreasing in the positive region suggesting bullish bias. RSI at 54, in the neutral region above the midline. CCI with a value of around 65 in the neutral region with a pullback from overbought. Another interesting point to notice here is that the volume observed a change from decreasing with price decline to increase in volume as the price declines indicating a shift from buyers to sellers.
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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.
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
ETHUSD to see a continued uptrend(4Hr) | Higher lows observed Market in last 24hrs
ETHUSD saw an uptrend after the price observed support from the lower Bollinger band
Price volatility was high. The market moved ~4.54% between $469.38 and $448.98
Today’s Trend analysis
ETHUSD expected to see an uptrend as the price observed higher lows with the Bollinger band starting to squeeze
Price at the time of publishing: $465.57
ETH’s market cap: $52.7 Billion
Oscillator indicators are mostly neutral. RSI at 57
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed a change from increasing with the price increase to decreasing with the price increase
Price expected to see an uptrend as the price observed higher lows with the Bollinger band starting to squeeze. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line, with the histogram size increasing in the positive region suggesting bullish bias. RSI at 57, in the neutral region above the midline. CCI with a value of around 95 in the neutral region with an up move. Another interesting point to notice here is that the volume observed a change from increasing with the price increase to decreasing with the price increase indicating a weak buying pressure.
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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.
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
ETHUSD to see sideways movement(4Hr) | Most oscillators neutralMarket in last 24hrs
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
Today’s Trend analysis
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
Price 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. Most of the Oscillator indicators are neutral. MACD line approaching from below the signal line, with the histogram size decreasing in the negative region suggesting bearish bias. RSI at 42, in the neutral region below the midline. CCI with a value of around -60 in the neutral region. Another interesting point to notice here is that the volume observed an increase with price decline while volume decrease with an increase in price indicating strong selling pressure.
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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
ETHUSD to see a downtrend(4Hr) | Midline Resistance ReachedMarket in last 24hrs
ETHUSD saw a sideways movement with consolidation in price to reach the midline resistance and fall
Price volatility was very high. The market moved ~5.48% between $411.77 and $390.35
Today’s Trend analysis
ETHUSD expected to see a downtrend after the price saw midline support and started to decline with the Bollinger band squeeze
Price at the time of publishing: $396.45
ETH’s market cap: $44.87 Billion
Oscillator indicators are mostly neutral. RSI at 44
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed an increase with price increase while volume decrease with the price decline
Price expected to see a downtrend after the price saw midline support and started to decline with the Bollinger band squeeze. Most of the Oscillator indicators are neutral. MACD line crossed below the signal line, with the histogram in the negative region suggesting bearish bias. RSI at 44, in the neutral region below the midline. CCI with a value of around -56 in the neutral region with a down move. Another interesting point to notice here is that the volume observed an increase with price increase while volume decrease with the price decline indicating a strong buying pressure.
----------------------------------------------------------------------------------------
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!
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ETHUSD to see sideways movement(4Hr) | Expect midline resistanceMarket in last 24hrs
ETHUSD saw a downtrend followed by consolidation after lower band support
Price volatility was very high. The market moved ~7.11% between $409.41 and $382.21
Today’s Trend analysis
ETHUSD expected to see a sideways movement as the price consolidated after getting lower band support, expected to increase and see the midline resistance
Price at the time of publishing: $396.11
ETH’s market cap: $44.87 Billion
Oscillator indicators are mostly neutral. RSI at 42
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed a change from volume increase with price decline to volume increase with the price increase
Price expected to see a sideways movement as the price consolidated after getting lower band support, expected to increase and see the midline resistance. Most of the Oscillator indicators are neutral. MACD line approaching from below the signal line, with the histogram size decreasing in negative region suggesting bearish bias. RSI at 42, in the neutral region below the midline. CCI with a value of around -88 in the neutral region with an up move from the oversold region. Another interesting point to notice here is that the Bollinger band expansion takes place and the volume observed a change from volume increase with price decline to volume increase with price increase indicating a shift from sellers to buyers.
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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
ETH 12h Critical point 425 is again under sellers' control More than a month has passed since the publication of one of our most well-aimed ETH ideas .
During this time, Ethereum was almost able to test the key level $425.
Obviously, such ETH confidence is added by DeFi projects , which are mainly based on it.
Also, according to the promises of the developers, Ethereum 2.0 can be implemented even in 2020.
What do we expect from the ETH movement?
In the coming days, it is important to follow the price behavior in the zone $418-425.
If we manage to fix above this zone, then the price is likely to go higher in the range $444-450. It's too early to talk about the targets above.
If buyers do not show their strength in the zone $418-425, sellers will be able to sharply attack down. First, to the levels $363 and $325-335.
Globally, we expect a fall to the zone $286-293.
____________________
Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
ETHUSD to see a slight downtrend(4Hr) | Bearish MACD Market in last 24hrs
ETHUSD saw a downtrend followed touching the lower band and moving sideways
Price volatility was high. The market moved ~3.71% between $417.86 and $402.92
Today’s Trend analysis
ETHUSD expected to see a downtrend as the price has been riding the lower Bollinger band and the band has been moving down
Price at the time of publishing: $406.20
ETH’s market cap: $45.96 Billion
Oscillator indicators are mostly neutral. RSI at 50
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed an increase in volume with a price decline with the volume being below the 20-candle moving average
Price expected to see a downtrend as the price has been riding the lower Bollinger band and the band has been moving down. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, with the histogram size decreasing in negative region suggesting bearish bias. RSI at 50, in the neutral region close to the midline. CCI with a value of around -129 in the oversold region indicating an uptrend. Another interesting point to notice here is that the volume observed an increase in volume with a price decline with the volume being below the 20-candle moving average indicating strong selling pressure.
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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
ETHUSD to see an uptrend(4Hr) | Weak selling pressureMarket in last 24hrs
ETHUSD saw a slight rejection from the upper band after reaching a month high
Price volatility was high. The market moved ~7.5% between $421.47 and $392.06
Today’s Trend analysis
ETHUSD expected to see an uptrend as the price after getting a rejection from the upper band move sideways with higher lows observed with Bollinger band expansion
Price at the time of publishing: $414.10
ETH’s market cap: $46.75 Billion
Oscillator indicators are mostly neutral. RSI at 74
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed an increase in volume with a price increase while a decrease in volume with the price decline
Price expected to see an uptrend as the price after getting a rejection from the upper band moved sideways with higher lows observed with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, with the histogram size decreasing in positive region suggesting bullish bias. RSI at 74, in the overbought region indicating a downtrend soon. CCI with a value of around 98 in the neutral region. Another interesting point to notice here is that the volume observed an increase in volume with a price increase while a decrease in volume with the price decline indicating weak selling pressure.
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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
ETHUSD to see an uptrend(4Hr) | Higher lows with BB ExpansionMarket in last 24hrs
ETHUSD saw an uptrend with price riding the upper band
Price volatility was high. The market moved ~6.95% between $402.62 and $376.44
Today’s Trend analysis
ETHUSD expected to see an uptrend as the price is riding the upper band with higher lows observed with Bollinger band expansion
Price at the time of publishing: $395.59
ETH’s market cap: $44.67 Billion
Oscillator indicators are mostly neutral. RSI at 68
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed a change from a decrease in volume with a price increase to a decrease in volume with the price decline
Price expected to see an uptrend as the price is riding the upper band with higher lows observed with Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, with the histogram size increasing in positive region suggesting bullish bias. RSI at 68, in the neutral region above the midline. CCI with a value of around 147 in the overbought region indicating a downtrend. Another interesting point to notice here is that the volume observed a change from a decrease in volume with a price increase to a decrease in volume with the price decline indicating a shift from buyers to sellers.
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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
Ethereum $eth $360 support is acting good but price below trendEthereum $eth $360 support is acting good but price is below trend line. $360 support is important level for ethereum now if this support broken then you will see another downtrend. |For more upward movements price need to come back and sit above the trend line that is at $420 level.
more details shown in the chart. we keeping eye on price action .
for more details please follow us.
thanks
ETHUSD to see an uptrend(4Hr) | Shift from sellers to buyersMarket in last 24hrs
ETHUSD saw a decline to reach the lower band support, followed by consolidation
Price volatility was high. The market moved ~5.19% between $382.95 and $364.04
Today’s Trend analysis
ETHUSD expected to see an uptrend as the price after getting lower band support observed higher lows
Price at the time of publishing: $381.58
ETH’s market cap: $43.18 Billion
Oscillator indicators are mostly neutral. RSI at 58
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed a change from an increase in volume with a price increase to a decrease in volume with the price decline
Price expected to see an uptrend as the price after getting lower band support observed higher lows. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line, with the histogram shifting from negative to positive region suggesting bullish bias. RSI at 58, in the neutral region above the midline. CCI with a value of around 113 in the overbought region indicating a downtrend. Another interesting point to notice here is that the volume observed a change from an increase in volume with a price increase to a decrease in volume with the price decline indicating a shift from sellers to buyers.
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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
ETH to see an uptrend further(4Hr) | Price in parallel channelMarket in last 24hrs
ETHUSD saw a sideways movement with price increases and declining from the upper band
Price volatility was high. The market moved ~3.14% between $384.69 and $372.95
Today’s Trend analysis
ETHUSD expected to see an uptrend as price is rising inside the parallel channel, with the price getting lower channel support to increase further
Price at the time of publishing: $379.79
ETH’s market cap: $42.87 Billion
Oscillator indicators are mostly neutral. RSI at 55
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed an increase in volume with price increase while a decrease in volume with the price decline
Price expected to see an uptrend as price is rising inside the parallel channel, with the price getting lower channel support to increase further. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, with the histogram size decreasing in positive region suggesting bullish bias. RSI at 55, in the neutral region above the midline. CCI with a value of around 77 in the neutral region with a pullback from overbought. Another interesting point to notice here is that the volume observed an increase in volume with price increase while a decrease in volume with price decline suggesting a strengthened buying pressure.
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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
ETH to see a sideways movement(4Hr) | Price trading inside bandsMarket in last 24hrs
ETHUSD saw an uptrend followed by upper band rejection from $379.9
Price volatility was high. The market moved ~3.15% between $379.94 and $368.31
Today’s Trend analysis
ETHUSD expected to see a sideways movement as the price is trading inside the bands with upper band resistance, price to touch midline support and consolidate further
Price at the time of publishing: $374.86
ETH’s market cap: $42.41 Billion
Oscillator indicators are mostly neutral. RSI at 54
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed an increase in volume with price increase while a decrease in volume with price decline
Price expected to see a sideways movement as the price is trading inside the bands with upper band resistance, price to touch midline support, and consolidate further. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, with the histogram size decreasing in positive region suggesting bullish bias. RSI at 54, in the neutral region above the midline. CCI with a value of around 78 in the neutral region. Another interesting point to notice here is that the volume observed an increase in volume with price increase while a decrease in volume with price decline suggesting a strengthened buying pressure.
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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
ETH to see downtrend(4Hr)|Gap down & Potential breakout expectedMarket in last 24hrs
ETHUSD saw a downtrend to get midline resistance followed by lower band support
Price volatility was high. The market moved ~4.65% between $381.99 and $365.00
Today’s Trend analysis
ETHUSD expected to see a decline as the price started to ride lower band with the latest candle having the same open and close suggesting a gap down and breakout
Price at the time of publishing: $369.74
ETH’s market cap: $41.79 Billion
Oscillator indicators are mostly neutral. RSI at 41
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed an increase in volume with price decline while an increase with price decreasing
Price expected to see a decline as the price started to ride lower band with the latest candle having the same open and close suggesting a gap down and breakout. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, with the histogram size increasing in negative region suggesting bearish bias. RSI at 41, in the neutral region below the midline. CCI with a value of around -222 in the oversold region. Another interesting point to notice here is that the volume observed an increase in volume with price decline while an increase with price decreasing suggesting a strong selling pressure.
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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
ETHUSD to see a sideways movement(4hr) |Midline support expectedMarket in last 24hrs
ETHUSD saw an uptrend reaching the upper band and getting a rejection from there
Price volatility was high. The market moved ~3.2% between $356.12 and $345.07
Today’s Trend analysis
ETHUSD expected to see a decline and get support from the midline to move sideways as price got resistance from the upper band
Price at the time of publishing: $351.35
ETH’s market cap: $39.6 Billion
Oscillator indicators are mostly neutral. RSI at 50
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators observed a decrease in volume with price decline while an increase with price increasing
Price expected to see a decline and get support from the midline to move sideways as price got resistance from the upper band. Most of the Oscillator indicators are neutral. MACD line moving above the signal line, with the histogram size increasing in positive region suggesting bullish bias. RSI at 50, in the neutral region close to the midline. CCI with a value of around 77 in the neutral region. Another interesting point to notice here is that the volume observed a decrease in volume with price decline while an increase with price increasing indicating strong buying pressure.
----------------------------------------------------------------------------------------
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
ETHUSD to see an uptrend(4hr) | Lower highs observedMarket in last 24hrs
ETHUSD saw an uptrend breaking the midline resistance and touching the upper band
Price volatility was high. The market moved ~3.61% between $364.08 and $351.38
Today’s Trend analysis
ETHUSD expected to see an uptrend as price observed higher lows with a slight indication of Bollinger band expansion
Price at time of publishing: $362.71
ETH’s market cap: $41.01 Billion
Oscillator indicators are mostly neutral. RSI at 59
Moving average indicators are suggesting an uptrend. Ichimoku Cloud is neutral
Volume indicators observed a decrease in volume with price decline while an increase with price increasing
Price expected to see an uptrend as price observed higher lows with a slight indication of Bollinger band expansion. Most of the Oscillator indicators are neutral. MACD line crossed above the signal line, with the histogram size increasing in positive region suggesting bullish bias. RSI at 59, in the neutral region above the midline. CCI with a value of around 134 in the overbought region. Another interesting point to notice here is that the volume observed a decrease in volume with price decline while an increase with price increasing indicating strong buying pressure.
----------------------------------------------------------------------------------------
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
ETHUSD to see a sideways movement(4hr) | Price riding midlineMarket in last 24hrs
ETHUSD saw a sideways movement with price moving above and below the midline band
Price volatility was low. The market moved ~2.59% between $360.8 and $351.68
Today’s Trend analysis
ETHUSD expected to see a sideways movement as price is riding the midline band and expected to continue the same
Price at time of publishing: $355.15
ETH’s market cap: $40.16 Billion
Oscillator indicators are mostly neutral. RSI at 51
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators moved from above the 20-candle moving average to below the 20-candle moving average
Price expected to see a sideways movement as price is riding the midline band and expected to continue the same. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, with the histogram size increasing in negative region suggesting bearish bias. RSI at 51, in the neutral region above the midline. CCI with a value of around -19 in the neutral region. Another interesting point to notice here is that the volume moved from above the 20-candle moving average to below the 20-candle moving average indicating a bearish volume-weighted moving average.
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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
ETHUSD to see a slight downtrend(4hr) | Upper band rejectionMarket in last 24hrs
ETHUSD saw a consolidation followed by rejection from upper band
Price volatility was very high. The market moved ~5.23% between $368.52 and $350.19
Today’s Trend analysis
ETHUSD expected to see a slight downtrend as the price was trading between midline and upper band and after getting resistance from the upper band
Price at time of publishing: $355
ETH’s market cap: $40.08 Billion
Oscillator indicators are mostly neutral. RSI at 50
Moving average indicators are suggesting a downtrend. Ichimoku Cloud is neutral
Volume indicators saw an increase for price increase while a decrease for price decrease
Price expected to see a slight downtrend as the price was trading between midline and upper band and after getting resistance from the upper band. Most of the Oscillator indicators are neutral. MACD line moving below the signal line, with the histogram size increasing in negative region suggesting bearish bias. RSI at 50, in the neutral region close to the midline. CCI with a value of around -13 in the neutral region with a slight up move. Another interesting point to notice here is that the volume observed an increase for price increase while a decrease in volume for price decrease indicating a strengthened buying pressure.
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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