ETH/USD 4H Chart: Near 180.54 - Trade Pattern Ideas - Dukascopy Bank
Fri, 01 Nov 2019 06:55:45 GMT
Source: Dukascopy Bank SA
Indicator
4H
1D
1W
MACD(12;26;9)
Buy
Buy
Sell
RSI(14)
Neutral
Neutral
Neutral
Stochastic(5;3;3)
Neutral
Neutral
Neutral
Alligator(13;8;5)
Neutral
Buy
Sell
SAR(0.02;0.2)
Sell
Buy
Sell
Aggregate
⇒
⇗
⇘
The ETH/USD cryptocurrency has appreciated about 23.22% in value since October 23. The exchange rate breached the 50-, 100– and 200– period SMAs during last week's trading sessions.
Currently, the currency pair is trading near a support cluster formed by the 50-, 100– and 200-period simple moving averages and the combination of the weekly and the monthly PPs at 180.63.
If the support cluster holds, bullish traders will continue to drive the Ethereum cryptocurrency higher within this week's trading session.
However, if the pair breaks the support level, a decline towards the 170.8 area could be expected next week.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.
To learn more about Dukascopy Bank Binary Options
/ Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information, please call us or make callback request.
To learn more about Business Introducer and other trading related information, please call us or make callback request.
For further information regarding potential cooperation, please call us or make callback request.