Mudrex

ETHUSD - Sideways Today. Price Technical Analysis #24

Mudrex Updated   
COINBASE:ETHUSD   Ethereum
Market in last 24 hrs
- ETHUSD mostly consolidated, moving in range +/-3 around $196.3
- Price at time of publishing: $195.45

Today’s Trend analysis
Price should trend sideways today. Oscillator indicators are mostly indicating neutral momentum, which means that neither bulls nor bears have enough strength to drive the market in up or down direction. CCI is below over-bought zone and RSI is close to 60. MACD histogram is almost 0.
- Sideways today
- ‘Oscillator‘ indicators are neutral
- ‘Moving average‘ indicators indicating buying opportunity

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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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- Mudrex
Trade active:
ETHUSD is moving sideways. We will continue the trade.
Trade closed: target reached:
Market in last 24 hrs
- ETHUSD mostly consolidated, moving in range +/-4 around $193.3

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